Cost of Living in Tampa, Florida
Tampa has a population of about 401,618. The median household income is $75,475, median gross rent is $1,701/month, and the median home value is $420,400. Below is how Tampa compares to the US.
Is Tampa expensive to live in?
Compared with the national median, rent in Tampa is about the national median and home values are 12% above the national median. Household income here is 10% below the national median. Monthly rent represents roughly 27% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Tampa?
The median gross rent in Tampa, Florida is $1,701 per month (US Census ACS).
What is the median home price in Tampa?
The median home value in Tampa is $420,400.
How much do people earn in Tampa?
The median household income in Tampa is $75,475 per year.
Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.