Is Tampa, FL cheaper than Miami, FL?

Based on cost of living data, Tampa, FL is 16.3% cheaper than Miami, FL. This translates to saving $1220 per month.

What salary do I need in Tampa, FL to live like I do in Miami, FL?

If you earn $150,000 in Miami, FL, you'd need approximately $135,365.854 in Tampa, FL to maintain the same standard of living.

How does housing cost compare between Miami, FL and Tampa, FL?

Housing in Tampa, FL is 26.8% cheaper than in Miami, FL. For a two-bedroom apartment, rent is $2,290/month in Tampa, FL compared to $2,660/month in Miami, FL.

How much can I save per month by moving from Miami, FL to Tampa, FL?

Moving from Miami, FL to Tampa, FL could save you approximately $1220 per month, or $14634 per year, based on a $150,000 salary.

MoveNumbers

Miami, FL

Tap to swap

Tampa, FL

Cost of Living Comparison 2026

Current salary in Miami, FL

Numbers update automatically as you type

You'd save $1.2K/month moving to Tampa, FL

$150.0K in your current city equals $135.4K in Tampa, FL

Rent data from HUD ZIP-level estimates · COL index from Miami-Fort Lauderdale-Pompano Beach, FL area

Overall Cost

↓ 16.3%

Less expensive

Monthly Impact

$1,220

Savings

Annual Impact

$14.6K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Miami, FL

Population:442K

Cost Index:100

Median Home:$510K

Tampa, FL

Population:385K

Cost Index:84

Median Home:$367K

Miami, FL

The Sunshine State

442K

Population

State Tax

No Income Tax

Climate

Tropical

Notable Facts

•Gateway to Latin America
•Major cruise port
•International business hub

Major Industries

International TradeTourismFinanceReal Estate

Tampa, FL

The Sunshine State

385K

Population

State Tax

No Income Tax

Climate

Humid subtropical

Notable Facts

•Major Tampa Bay area
•No state income tax
•Growing tech scene

Major Industries

FinanceTechnologyHealthcareTourism

Cost Breakdown by Category

Annual spending: Miami, FL vs Tampa, FL

Category	Miami, FL	Tampa, FL	Difference	Change
🏠Housing	$3,690/mo	$2,703/mo	↓ $988less	26.8%
📦Other	$2,093/mo	$1,808/mo	↓ $285less	13.6%
🚗Transportation	$1,462/mo	$1,284/mo	↓ $178less	12.1%
🛒Groceries	$1,079/mo	$1,019/mo	↓ $59.96less	5.6%
⚡All Utilities	$519/mo	$574/mo	↑ $54.64more	10.5%
🏥Healthcare	$589/mo	$570/mo	↓ $18.59less	3.2%

🏠Housing

↓ 26.8%

Miami, FL

$3,690

Tampa, FL

$2,703

Difference

$988

less

📦Other

↓ 13.6%

Miami, FL

$2,093

Tampa, FL

$1,808

Difference

$285

less

🚗Transportation

↓ 12.1%

Miami, FL

$1,462

Tampa, FL

$1,284

Difference

$178

less

🛒Groceries

↓ 5.6%

Miami, FL

$1,079

Tampa, FL

$1,019

Difference

$59.96

less

⚡All Utilities

↑ 10.5%

Miami, FL

$519

Tampa, FL

$574

Difference

$54.64

🏥Healthcare

↓ 3.2%

Miami, FL

$589

Tampa, FL

$570

Difference

$18.59

less

🏠Rent Comparison

Studio

From$1,995

To$1,850

↓ $145

1 Bed

From$2,180

To$1,960

↓ $220

2 Bed

From$2,660

To$2,290

↓ $370

3 Bed

From$3,415

To$2,930

↓ $485

Miami, FLZIP-level data

1BR range: $1,550–$2,990/mo

Tampa, FLZIP-level data

1BR range: $1,410–$2,550/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$9,431

Monthly in Miami, FL

$7,958

Monthly in Tampa, FL

$1,474

Difference

Home Values

Miami

Tampa

$510K

Median Value

$367K

↓ -3.6%

YoY Change

↓ -4%

↑ +49.4%

5-Year Change

↑ +42.1%

$278K - $1.53M

Price Range

$251K - $989K

Homes in Tampa are 28% less expensive than Miami

Calculate payment - Miami Calculate payment - Tampa

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

→ $0

Same taxes

Monthly Difference

Same take-home

Effective Rate Diff

0.0%

Rate difference

Miami, FL

Federal Income Tax

Effective: 18.9%

$25.5K

Florida State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Tampa, FL

Federal Income Tax

Effective: 18.9%

$25.5K

Florida State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Additional Tax Information

Miami, FL Tax Rates

Sales Tax:7.2%

Property Tax:0.8%

Tampa, FL Tax Rates

Sales Tax:7.2%

Property Tax:0.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.