Quality of Life in Tampa, FL on $117,975 Per Year

Overview

Living in Tampa, Florida, with an annual income of $117,975 presents a generally comfortable lifestyle relative to many regions in the United States. The city offers a balanced mix of cultural attractions, economic opportunities, and natural beauty, making it an attractive location for many professionals and families.

Cost of Living

• Comparable to the National Average: Tampa's overall cost of living is slightly above the national average but remains more affordable than many major metropolitan areas.
• Utilities and Transportation: These costs tend to be in line with the national average, ensuring that monthly expenses remain manageable.
• Groceries and Dining: Moderately priced, allowing for a flexible lifestyle when it comes to food choices.

Housing Market

• Median Home Price: As of 2023, the median home price in Tampa is higher than the national average but still more affordable than coastal cities like Los Angeles or New York City.
• Rental Market: Rent prices vary, with city-center apartments costing more than suburban homes, but generally offer more reasonable options compared to major urban centers.

Quality of Life

• Climate and Outdoor Life: Tampa's warm climate and proximity to beaches provide ample opportunities for outdoor activities year-round, enhancing overall well-being.
• Cultural and Recreational Facilities: A rich array of arts, entertainment, and sports activities cater to diverse interests.

Access to Healthcare

• Healthcare Facilities: Tampa is home to several nationally recognized hospitals and specialized clinics, providing robust healthcare services.
• Health Insurance Costs: Similar to the national trend, with employer-sponsored plans commonly available.

Quality of K-12 Schools

• Public Schools: Tampa offers a mix of highly-rated and average public schools, reflecting a diverse range across different districts.
• Private Education Options: Numerous private and charter schools provide alternative educational opportunities.

Summary

Earning $117,975 annually in Tampa offers a lifestyle that balances comfort and affordability. While the cost of living and housing prices are above average, they are still manageable compared to major metropolitan areas, allowing residents to enjoy Tampa’s diverse culture, ecology, and amenities. The availability of quality healthcare and educational options further enhance the city's appeal to individuals and families alike.