CostByCity

Miami, FL vs Tampa, FL

Cost of Living Comparison

Tampa, FL is more affordable by 13.3 index points

Side-by-Side Comparison

CategoryMiami, FLTampa, FLDifference
Overall114.2100.9+13.3
Housing155.6125.8+29.7
Goods103.695.5+8.1
Utilities97.288.5+8.7
Other Services109.197.6+11.5

Income & Housing Comparison

MetricMiami, FLTampa, FL
Median Household Income$69,085$67,197
Median Home Value$369,500$273,000
Median Monthly Rent$1,657$1,377
Per Capita Income$39,957$39,605

Frequently Asked Questions

Is Miami, FL or Tampa, FL cheaper to live in?
Tampa, FL is more affordable. The cost of living difference is 13.3 index points (Miami, FL: 114.2, Tampa, FL: 100.9).
Where is housing cheaper, Miami, FL or Tampa, FL?
Housing is more affordable in Tampa, FL. Housing index: Miami, FL (155.6) vs Tampa, FL (125.8).