Cost of Living in Tampa, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
130.3
100 = national avg
+30.3 vs national average
Living Wage (1 Adult)
$57,314
per year
Living Wage (Family of 4)
$135,469
per year
Cost Index by Category
Housing175.7
Food104.5
Transportation97.4
Healthcare103.6
Utilities117.8
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,696
per month
2 Bedroom
$1,977
per month
The overall cost of living index in Tampa is 130.3, which is 30.3% above the national average. Housing costs are above the national average at an index of 175.7. A single adult needs to earn approximately $57,314 per year to cover basic expenses.