Cost of Living: Tampa, FL vs Phoenix, AZ

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Tampa, FL versus $4,370/mo in Phoenix, AZ. In the model, rent is about 22.83% of gross in Tampa, FL versus 21.24% in Phoenix, AZ, so Phoenix, AZ tends to feel more affordable for rent.

Take-home in Tampa, FL
$4,516/mo
Income level: near
Take-home in Phoenix, AZ
$4,370/mo
Income level: near
Rent share (1BR) in Tampa, FL
22.83%
COLI tier: mid-range
Rent share (1BR) in Phoenix, AZ
21.24%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Tampa, FL and Phoenix, AZ.

At a glance

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

Cost of Living Index

Tampa, FL: 98.2 (U.S. = 100) · Phoenix, AZ: 102.4 (U.S. = 100)

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

Median Rent

Tampa, FL: $1,489/mo (midpoint of 1BR/2BR) · Phoenix, AZ: $1,385/mo

Median rent in Tampa, FL is $104/mo higher than in Phoenix, AZ.

Median Home Price

Tampa, FL: $375,300 · Phoenix, AZ: $381,900

Median home price in Phoenix, AZ is $6,600 higher than in Tampa, FL.

Median Household Income

Tampa, FL: $71,302 · Phoenix, AZ: $77,041

Phoenix, AZ has a higher median household income than Tampa, FL by $5,739.

Tampa, FL overview · Phoenix, AZ overview · Popular comparisons