Cost of Living in Temple Terrace, FL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

121.1

100 = national avg

+21.1 vs national average

Living Wage (1 Adult)

$53,302

per year

Living Wage (Family of 4)

$125,988

per year

Cost Index by Category

Housing
157.1
Food
100.3
Transportation
99.1
Healthcare
100.2
Utilities
111.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,696

per month

2 Bedroom

$1,977

per month

The overall cost of living index in Temple Terrace is 121.1, which is 21.1% above the national average. Housing costs are above the national average at an index of 157.1. A single adult needs to earn approximately $53,302 per year to cover basic expenses.