Cost of Living: Miami Lakes, FL vs Tampa, FL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Miami Lakes, FL versus $4,516/mo in Tampa, FL. In the model, rent is about 29.49% of gross in Miami Lakes, FL versus 22.83% in Tampa, FL, so Tampa, FL tends to feel more affordable for rent.

Take-home in Miami Lakes, FL
$4,516/mo
Income level: below
Take-home in Tampa, FL
$4,516/mo
Income level: near
Rent share (1BR) in Miami Lakes, FL
29.49%
COLI tier: mid-range
Rent share (1BR) in Tampa, FL
22.83%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Miami Lakes, FL and Tampa, FL.

At a glance

  • Cheaper overall (lower cost-of-living index): Tampa, FL
  • Lower rent (median 1BR/2BR): Tampa, FL
  • Lower home prices: Tampa, FL
  • Higher median household income: Miami Lakes, FL

Cost of Living Index

Miami Lakes, FL: 100 (U.S. = 100) · Tampa, FL: 98.2 (U.S. = 100)

Tampa, FL has a lower cost-of-living index than Miami Lakes, FL, so a given salary generally stretches further there.

Median Rent

Miami Lakes, FL: $1,923/mo (midpoint of 1BR/2BR) · Tampa, FL: $1,489/mo

Median rent in Miami Lakes, FL is $434/mo higher than in Tampa, FL.

Median Home Price

Miami Lakes, FL: $577,300 · Tampa, FL: $375,300

Median home price in Miami Lakes, FL is $202,000 higher than in Tampa, FL.

Median Household Income

Miami Lakes, FL: $97,255 · Tampa, FL: $71,302

Miami Lakes, FL has a higher median household income than Tampa, FL by $25,953.

Miami Lakes, FL overview · Tampa, FL overview · Popular comparisons