Quality of Life in Tampa, FL on an Annual Salary of $118,050
Living in Tampa, FL, with an annual salary of $118,050 provides a significant cushion in terms of quality of life relative to the national average. Below, we explore key factors such as the cost of living, housing market, quality of life, healthcare, and K-12 schools.
Cost of Living
- Overall Index: Slightly above the national average, but manageable with the specified income.
- Groceries and Utilities: Close to the national median, allowing for comfortable day-to-day living expenses.
- Transportation and Entertainment: Reasonable costs with a well-connected infrastructure and plenty of options for leisure activities.
Housing Market
- Median Home Price: As of 2023, the median home price in Tampa is around $400,000, which is slightly above the national average.
- Property Taxes: Relatively moderate compared to other states, adding to affordability.
- Rental Market: Offers a range of options with prices that vary based on proximity to the city center and coastal areas.
Quality of Life
- Climate: Warm, subtropical climate with an average of 246 sunny days per year, contributing to a vibrant outdoor lifestyle.
- Cultural and Recreational Activities: Rich array of cultural events, sports teams, beaches, and parks.
Access to Healthcare
- Healthcare Facilities: Numerous healthcare providers with several top-rated hospitals.
- Insurance: Broad coverage options are available, with some variability in costs.
Quality of K-12 Schools
- Public Schools: A diverse range of schools, with several rated above average.
- Private Schools: Numerous private academies and charter schools provide alternative educational opportunities.
- Higher Education: Proximity to quality universities and colleges enhances educational prospects.
Overall, a salary of $118,050 in Tampa, FL, generally allows for a comfortable lifestyle, with the capacity to own a home and enjoy numerous local amenities. The slightly higher cost of living compared to the national average is offset by the region's quality of life, favorable climate, access to quality healthcare, and educational opportunities.
