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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

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Numbers update automatically as you type

You'd spend $2.0K/month more in Tampa, FL

$150.0K in your current city equals $174.2K in Tampa, FL

Rent data from HUD ZIP-level estimates · COL index from Memphis, TN-MS-AR area
Overall Cost
↑ 26.9%
More expensive
Monthly Impact
$2,020
Extra cost
Annual Impact
$24.2K
Per year

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

Olive Branch, MS

Population:47K
Cost Index:
100
100 = national average
Median Home:$327K

Tampa, FL

Population:385K
Cost Index:
127
(27% above avg)
Median Home:$367K

Olive Branch, MS

The Magnolia State

47K
Population
State Tax
Yes

Located in Mississippi, this city has a population of 47K residents.

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: Olive Branch, MS vs Tampa, FL

Housing
↑ 72.5%
Olive Branch, MS
$1,567
Tampa, FL
$2,703
Difference
$1,136
more
Other
↑ 14.5%
Olive Branch, MS
$1,580
Tampa, FL
$1,808
Difference
$228
more
Transportation
↑ 9.5%
Olive Branch, MS
$1,173
Tampa, FL
$1,284
Difference
$111
more
Groceries
↑ 11.7%
Olive Branch, MS
$912
Tampa, FL
$1,019
Difference
$107
more
All Utilities
↑ 11.4%
Olive Branch, MS
$515
Tampa, FL
$574
Difference
$58.89
more
Healthcare
↑ 11.4%
Olive Branch, MS
$512
Tampa, FL
$570
Difference
$58.45
more

🏠Rent Comparison

Studio
From$1,131
To$1,850
↑ $719
1 Bed
From$1,227
To$1,960
↑ $733
2 Bed
From$1,355
To$2,290
↑ $935
3 Bed
From$1,788
To$2,930
↑ $1,142
Olive Branch, MSZIP-level data

1BR range: $1,530–$1,530/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.

$6,258
Monthly in Olive Branch, MS
$7,958
Monthly in Tampa, FL
$1,700
Difference

Home Values

Olive Branch
Tampa
$327K
Median Value
$367K
↑ +0.1%
YoY Change
↓ -4%
↑ +25.3%
5-Year Change
↑ +42.1%
$327K
Price Range
$251K - $989K

Homes in Tampa are 12% more expensive than Olive Branch

Calculate payment - Olive BranchCalculate payment - Tampa

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings
↑ $7.3K
Per year
Monthly Difference
$613
More take-home
Effective Rate Diff
4.9%
Rate difference

Olive Branch, MS

Federal Income Tax
Effective: 18.9%
$25.5K
Mississippi State Tax
Effective: 4.9%
$7.3K
FICA Taxes
Social Security + Medicare
$11.5K
Total Taxes
Effective: 29.6%
$44.4K
Take-Home Pay
$8,803/month
$105.6K

Tampa, FL

Federal Income Tax
Effective: 18.9%
$25.5K
Florida State Tax
No state income tax
$0
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

Olive Branch, MS Tax Rates

Sales Tax:7.1%
Property Tax:0.6%

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.

Environment

Olive Branch
Tampa
55 Moderate
Air Quality
50 Good
34.4%
Good Air Days
52.5%
99 High
Climate Risk
99 High
🌊🌡🫨
Top Hazards
🌊🌅🌀
▲+2.8°F
2050 Outlook
▲+2.2°F
54 days
Heat Days >95°F
38 days
▲+2.8°F
2050 Outlook
▲+2.2°F
54 days
Heat Days >95°F
38 days

What to Consider When Moving from Olive Branch, MS to Tampa, FL

Relocating from Olive Branch, MS to Tampa, FL involves more than just comparing rent prices. While the overall cost of living is roughly 27% higher in Tampa, FL, your actual experience will depend on your lifestyle, job situation, and priorities. Here are the key factors to weigh before making the move.

Housing & Rent

Housing is typically the largest line item in any budget, and it’s where the biggest differences show up between cities. In this comparison, housing in Tampa, FL is 72% more expensive than in Olive Branch, MS. Keep in mind that neighborhood choice within a city can swing rent by 30–50%, so research specific areas — not just city averages — before signing a lease. If you’re buying, factor in property tax rates, which vary significantly by county and state.

Job Market & Salary Adjustments

A lower cost of living doesn’t help if your salary drops proportionally. Before committing to a move, research whether employers in Tampa, FL pay comparable wages for your role. Remote workers may keep their current salary, but some companies adjust pay based on location. Use the salary calculator above to see what you’d need to earn in Tampa, FL to match your current standard of living in Olive Branch, MS.

Taxes & Take-Home Pay

State income tax, property tax, and sales tax all affect how far your paycheck stretches. Some states have no income tax but make up for it with higher property or sales taxes. The tax comparison section above breaks down how your take-home pay would change. Don’t forget about vehicle registration fees, tolls, and other state-specific costs that add up over a year.

Quality of Life & Lifestyle Fit

Numbers only tell part of the story. Consider climate preferences, commute times, proximity to family, school quality if you have children, healthcare access, and the general “feel” of a city. A place that’s 15% cheaper might not be worth it if it means a longer commute or fewer amenities you value. If possible, visit Tampa, FL for a week before making a final decision — experiencing the day-to-day rhythm matters more than any spreadsheet.

Frequently Asked Questions: Olive Branch, MS vs Tampa, FL

Is Tampa, FL cheaper than Olive Branch, MS?

Tampa, FL is approximately 26.9% more expensive than Olive Branch, MS overall. On a $150,000 salary, that translates to roughly $2,020/month in additional expenses. Housing is the biggest factor, costing 72% more in Tampa, FL.

What salary do I need in Tampa, FL to match my lifestyle in Olive Branch, MS?

If you currently earn $150,000 in Olive Branch, MS, you would need approximately $174,240 in Tampa, FL to maintain the same standard of living. This accounts for differences in housing, groceries, transportation, utilities, healthcare, and other typical expenses. Use the salary input above to adjust this based on your actual income.

How does rent compare between Olive Branch, MS and Tampa, FL?

A two-bedroom apartment averages $1,355/month in Olive Branch, MS compared to $2,290/month in Tampa, FL. One-bedroom apartments are $1,227/month in Olive Branch, MS vs $1,960/month in Tampa, FL. These are area-wide medians — specific neighborhoods can vary significantly. Check the ZIP-level rent breakdown above for more granular data.

Are groceries more expensive in Olive Branch, MS or Tampa, FL?

Groceries are about 12% more expensive in Tampa, FL than in Olive Branch, MS, which adds roughly $107/month to a typical household budget. This covers common items like produce, dairy, meat, and pantry staples based on BLS consumer expenditure data.

What is the best time to move from Olive Branch, MS to Tampa, FL?

Most people find that moving during the off-season (October through March) results in lower moving costs, since demand for movers and rental trucks drops. If you're renting, you may also find more negotiable lease terms during winter months. However, if you have school-age children, summer moves allow for a smoother school transition. For the best combination of availability and price, consider moving in early fall or late spring.

💰 See how taxes change too — compare take-home pay between Mississippi and Florida on TaxTakeHome.com

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