Quality of Life in Tampa, FL on a $118,500 Salary

Living in Tampa, Florida with an annual income of $118,500 provides a comfortable lifestyle, with the ability to cover basic expenses, enjoy leisure activities, and save for future needs. Below is an assessment of the cost of living, housing market, quality of life, healthcare access, and K-12 education in Tampa, compared to national averages.

Cost of Living

• Overall Affordability: Tampa's cost of living is slightly above the national average, with certain elements like utilities and healthcare typically being more affordable.
• Groceries and Dining: Food costs are comparable to the national average, allowing for a mix of dining in and eating out without significant financial strain.
• Utilities: Generally lower than the national average, contributing to reduced monthly expenses.

Housing Market

• Home Prices: The median home price in Tampa is above the national average, but with a $118,500 salary, homeownership is achievable.
• Rent: Rent prices are on par or slightly above the national average, with a variety of housing options available.
• Property Taxes: Florida has no state income tax, and property taxes are moderate, adding to housing affordability.

Quality of Life

• Leisure and Recreation: Tampa offers a vibrant cultural scene, access to beautiful beaches, and numerous parks, enhancing overall quality of life.
• Weather: Tampa's subtropical climate means warm weather year-round, which is appealing to many but may also come with heat and humidity challenges.
• Commute and Transportation: Public transportation options are limited, but the average commute time aligns with national figures.

Access to Healthcare

• Healthcare Facilities: Tampa is home to several top-rated hospitals and medical centers, providing excellent healthcare services.
• Health Insurance: With competitive salaries, affording health insurance is manageable, though premiums and out-of-pocket expenses may vary.

Quality of K-12 Schools

• Public Education: Tampa boasts a range of public schools with performance ratings varying widely, so selecting the right school district is important.
• Private Education: Numerous private schooling options are available, offering alternative education paths.

Summary Assessment

Living in Tampa with an income of $118,500 ensures a comfortable quality of life. While certain costs may be slightly above national averages, the advantages of living in a vibrant city with no state