Is Miami, FL cheaper than Tampa, FL?

Based on cost of living data, Miami, FL is 19.4% more expensive than Tampa, FL. This translates to spending an extra $1456 per month.

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

If you earn $150,000 in Tampa, FL, you'd need approximately $167,475.728 in Miami, FL to maintain the same standard of living.

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

Housing in Miami, FL is 36.5% more expensive than in Tampa, FL. For a two-bedroom apartment, rent is $2,660/month in Miami, FL compared to $2,290/month in Tampa, FL.

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

Living in Miami, FL costs approximately $1456 more per month than Tampa, FL, or $17476 more per year, based on a $150,000 salary.

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Tampa, FL

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Miami, FL

Cost of Living Comparison 2026

Current salary in Tampa, FL

Numbers update automatically as you type

You'd spend $1.5K/month more in Miami, FL

$150.0K in your current city equals $167.5K in Miami, FL

Rent data from HUD ZIP-level estimates · COL index from Tampa-St. Petersburg-Clearwater, FL area

Overall Cost

↑ 19.4%

More expensive

Monthly Impact

$1,456

Extra cost

Annual Impact

$17.5K

Per year

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

Tampa, FL

Population:385K

Cost Index:100

Median Home:$367K

Miami, FL

Population:442K

Cost Index:119

Median Home:$510K

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

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

Cost Breakdown by Category

Annual spending: Tampa, FL vs Miami, FL

Category	Tampa, FL	Miami, FL	Difference	Change
🏠Housing	$2,703/mo	$3,690/mo	↑ $988more	36.5%
📦Other	$1,808/mo	$2,093/mo	↑ $285more	15.7%
🚗Transportation	$1,284/mo	$1,462/mo	↑ $178more	13.8%
🛒Groceries	$1,019/mo	$1,079/mo	↑ $59.96more	5.9%
⚡All Utilities	$574/mo	$519/mo	↓ $54.64less	9.5%
🏥Healthcare	$570/mo	$589/mo	↑ $18.59more	3.3%

🏠Housing

↑ 36.5%

Tampa, FL

$2,703

Miami, FL

$3,690

Difference

$988

📦Other

↑ 15.7%

Tampa, FL

$1,808

Miami, FL

$2,093

Difference

$285

🚗Transportation

↑ 13.8%

Tampa, FL

$1,284

Miami, FL

$1,462

Difference

$178

🛒Groceries

↑ 5.9%

Tampa, FL

$1,019

Miami, FL

$1,079

Difference

$59.96

⚡All Utilities

↓ 9.5%

Tampa, FL

$574

Miami, FL

$519

Difference

$54.64

less

🏥Healthcare

↑ 3.3%

Tampa, FL

$570

Miami, FL

$589

Difference

$18.59

🏠Rent Comparison

Studio

From$1,850

To$1,995

↑ $145

1 Bed

From$1,960

To$2,180

↑ $220

2 Bed

From$2,290

To$2,660

↑ $370

3 Bed

From$2,930

To$3,415

↑ $485

Tampa, FLZIP-level data

1BR range: $1,410–$2,550/mo

Miami, FLZIP-level data

1BR range: $1,550–$2,990/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.

$7,958

Monthly in Tampa, FL

$9,431

Monthly in Miami, FL

$1,474

Difference

Home Values

Tampa

Miami

$367K

Median Value

$510K

↓ -4%

YoY Change

↓ -3.6%

↑ +42.1%

5-Year Change

↑ +49.4%

$251K - $989K

Price Range

$278K - $1.53M

Homes in Miami are 39% more expensive than Tampa

Calculate payment - Tampa Calculate payment - Miami

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

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

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

Additional Tax Information

Tampa, FL Tax Rates

Sales Tax:7.2%

Property Tax:0.8%

Miami, 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.