Quality of Life in Tampa, FL for a $118,725 Annual Income

Tampa, Florida, is an attractive city known for its vibrant culture, pleasant weather, and growing economic opportunities. For someone earning $118,725 per year, the quality of life compared to the broader United States can be assessed through various aspects including cost of living, the housing market, healthcare access, and K-12 educational quality.

Cost of Living

• General: Tampa's cost of living is slightly below the national average, making it an affordable choice for many families and individuals.
• Utilities and Transportation: These costs are generally in line with national averages, ensuring that basic services are reasonably priced.
• Groceries and Dining: Food and dining out costs are somewhat lower than in major metropolitan areas, providing a convenient lifestyle that supports both home cooking and eating out.

Housing Market

• Home Prices: Tampa has a competitive real estate market, with home prices typically below the national median. However, recent population growth and demand have led to price increases.
• Renting: Renting is also more affordable than in many large cities, though prices have seen similar upward trends.
• Variety: The housing market offers a range of options, from urban apartments to suburban homes, catering to different lifestyle preferences.

Quality of Life

• Climate and Recreation: With a warm climate and proximity to beaches, Tampa offers a comfortable year-round outdoor lifestyle.
• Employment Opportunities: The city has a thriving job market, particularly in sectors like finance, healthcare, and technology.
• Cultural and Social Life: Tampa provides a rich cultural scene with museums, theaters, and sports, enhancing living standards.

Access to Healthcare

• Healthcare Facilities: There are numerous high-quality hospitals and health facilities, ensuring good access to medical care.
• Health Insurance: With a salary of $118,725, securing comprehensive health insurance is feasible, contributing positively to overall health and well-being.

Quality of K-12 Schools

• Public Schools: Tampa's public schools are rated average to above average, varying by district. Many families choose schools based on specific programs and extracurricular offerings.
• Private and Charter Schools: There are several highly-rated private and charter schools, providing diverse educational choices for families.

Assessment

For someone earning $118,725 per year, Tampa presents a favorable lifestyle opportunity with a balance