Quality of Life in Tampa, FL: A Financial Perspective

Income Overview

• Annual Income: $118,650
• Comparison to National Average: This income is above the U.S. median household income, allowing for a comfortable lifestyle in Tampa.

Cost of Living

• General Cost: The cost of living in Tampa is slightly above the national average.
• Key Expenses:
  • Groceries and Dining: Moderate, with a range of budget to high-end options.
  • Utilities: Slightly below average costs, making it manageable for many.
  • Transportation: Competitive pricing, but with potential savings through public transit.

Housing Market

• Home Prices: Higher than the national average, driven by demand and desirable location.
• Renting vs. Buying:
  • Renting: Offers flexibility with mid to high-range prices.
  • Buying: Significant investment, with potential appreciation.

Quality of Life

• Community and Lifestyle: Vibrant with a mix of urban and suburban settings.
• Recreational Opportunities: Plentiful, with beaches, parks, and cultural venues.
• Weather: Warm, subtropical climate enjoyed year-round, though with summer humidity.

Access to Healthcare

• Healthcare Infrastructure: Robust, with several quality hospitals and specialty clinics.
• Costs: Healthcare can be expensive, yet competitive in comparison to national figures.
• Access to Providers: Generally good, though specialists may require travel for appointments.

Quality of K-12 Schools

• Public School System: Varied quality, with some highly-rated schools in certain neighborhoods.
• Private and Charter Schools: Options available to fit different educational preferences and needs.

Summary

Living in Tampa, FL with an income of $118,650 offers a comfortable lifestyle given the slightly above-average cost of living and housing expenses. The city provides excellent recreational opportunities, a reliable healthcare system, and diverse educational options, though these may require strategic choices regarding housing and school districts to optimize quality of life.