Quality of Life in Tampa, FL with a $118,875 Salary

Cost of Living

• Overall Index: Tampa's cost of living index is slightly above the national average but remains manageable.
• Groceries and Utilities: Prices are on par with national averages, allowing for balanced monthly budgeting.
• Transportation: Costs are reasonable, particularly with public transit options and fuel prices being comparable to national figures.

Housing Market

• Home Prices: The median home price in Tampa is moderately higher than the U.S. median, making it less affordable than some areas but still accessible for a six-figure salary.
• Rental Market: Rental costs are competitive compared to national averages, providing flexibility for non-homeowners.
• Property Taxes: These are reasonable in comparison to many other states, contributing to a feasible homeownership budget.

Quality of Life

• Climate: Warm, sunny weather year-round enhances outdoor living and lifestyle satisfaction.
• Recreational Opportunities: Proximity to beaches, parks, and cultural venues enriches daily life without additional travel expenses.
• Community and Lifestyle: Diverse neighborhoods and vibrant communities provide ample social and leisure activities.

Access to Healthcare

• Healthcare Quality: Tampa hosts multiple high-quality hospitals and healthcare facilities, ensuring adequate medical care.
• Healthcare Costs: Costs are generally consistent with national averages, making insurance premiums manageable within this income bracket.

Quality of K-12 Schools

• Public School System: Several high-performing public schools are available, though there may be variability based on the neighborhood.
• Private and Charter Schools: There are numerous private and charter school options enhancing education quality, albeit at higher costs.
• Extracurricular Activities: A wide range of extracurricular programs are prevalent in the area, supporting well-rounded student development.

Summary of Assessment

Living in Tampa, FL, on a $118,875 annual salary affords a comfortable lifestyle. While home prices slightly exceed national averages, the overall cost of living remains reasonable. Access to high-quality healthcare and diverse school options further enhances quality of life, alongside the benefits of the region's favorable climate and recreational offerings.