Cost of Living: North Miami, 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 North Miami, FL versus $4,516/mo in Tampa, FL. In the model, rent is about 22.49% of gross in North Miami, FL versus 22.83% in Tampa, FL, so North Miami, FL tends to feel more affordable for rent.

Take-home in North Miami, FL
$4,516/mo
Income level: above
Take-home in Tampa, FL
$4,516/mo
Income level: near
Rent share (1BR) in North Miami, FL
22.49%
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 North Miami, FL and Tampa, FL.

At a glance

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

Cost of Living Index

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

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

Median Rent

North Miami, FL: $1,466/mo (midpoint of 1BR/2BR) · Tampa, FL: $1,489/mo

Median rent in Tampa, FL is $23/mo higher than in North Miami, FL.

Median Home Price

North Miami, FL: $326,300 · Tampa, FL: $375,300

Median home price in Tampa, FL is $49,000 higher than in North Miami, FL.

Median Household Income

North Miami, FL: $51,909 · Tampa, FL: $71,302

Tampa, FL has a higher median household income than North Miami, FL by $19,393.

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