StateRates

Tampa-St. Petersburg-Clearwater cost of living

Prices in the Tampa-St. Petersburg-Clearwater, FL metro area run at 100.9 against a national average of 100, ranking it #73 of 387 metros. Rents there sit at 125.8.

Florida

All items 100.9 #73 of 387 metros
Rents 125.8 national average 100
Median wage $47,720 BLS metro survey
Worth nationally $47,294 same wage, adjusted

What drives the number

Tampa-St. Petersburg-Clearwater sits at 100.9, which is as close to the national average as this series gets. That makes it a useful reference point: a salary quoted here means roughly what the same salary means nationally. Against Florida as a whole it is 2.5 points less expensive, which is the unusual direction, and it means the expensive part of the state is somewhere else.

Housing is doing nearly all of the work. Rents sit at 125.8 while goods sit at 95.5, a gap of 24.9 points between what it costs to live somewhere and what it costs to buy things. Someone who could reduce their housing cost here, by living further out or with fewer rooms, would remove most of the premium. Goods at 95.5 are themselves 4.5 points off national, which is a wide gap for a category that is mostly shipped in.

Comparing a job here against one elsewhere on the headline salary alone will mislead by roughly 0.9 per cent. Adjusting by the parity fixes that.

All items 100.9
Goods 95.5
Rents 125.8
Other services 88.5

The vertical line is the national average of 100. Source: U.S. Bureau of Economic Analysis, Regional Price Parities, SARPP, 2024.

Salaries in Tampa-St. Petersburg-Clearwater

What the biggest local jobs are really worth

The same pay buys different amounts in different places, so a salary quoted in Tampa-St. Petersburg-Clearwater is not comparable to one quoted elsewhere until it is divided by the local parity. These are the occupations that employ the most people here, with the quoted median alongside what that median is worth at national prices.

Largest occupations in Tampa-St. Petersburg-Clearwater, quoted and price-adjusted
Occupation Employed Median pay Worth nationally U.S. median
Retail Salespersons 42,710 $30,620 $30,347 $34,580
General and Operations Managers 36,850 $107,960 $106,997 $102,950
Customer Service Representatives 35,920 $39,780 $39,425 $42,830
Registered Nurses 35,050 $84,290 $83,538 $93,600
Fast Food and Counter Workers 34,020 $28,130 $27,879 $30,480
Stockers and Order Fillers 28,960 $36,130 $35,808 $37,090
Office Clerks, General 26,860 $44,040 $43,647 $43,630
Waiters and Waitresses 26,780 $30,820 $30,545 $33,760

Pay from the BLS metro survey, adjusted by dividing by the metro parity of 100.9.

Nearby metro areas

Other metros in the same states
Metro area All items Rents Rank
Miami-Fort Lauderdale-West Palm Beach 114.2 155.6 #2
Naples-Marco Island 103.2 129.4 #46
North Port-Bradenton-Sarasota 102.4 128.0 #54
Cape Coral-Fort Myers 102.3 125.1 #55
Orlando-Kissimmee-Sanford 101.4 123.4 #63
Punta Gorda 100.5 113.3 #78

Tampa-St. Petersburg-Clearwater: common questions

Is Tampa-St. Petersburg-Clearwater expensive?

Prices are 0.9% above the national average, a parity of 100.9 where the country is 100. It ranks #73 of the 387 metro areas BEA measures. Against Florida as a whole it is 2.5 points less expensive.

What salary do you need in Tampa-St. Petersburg-Clearwater?

The median worker there earns $47,720, which buys what $47,294 buys nationally once local prices are taken into account. Comparing a salary offer between cities without this adjustment is comparing nothing useful.

Is housing the reason?

Usually. Rents here are at 125.8 against goods at 95.5. Goods barely vary between American cities because most are shipped and priced nationally; housing varies enormously, and it dominates any cost of living comparison.