Quality of Life in Tampa, FL for an Individual Earning $120,225 per Year

The city of Tampa offers a unique blend of urban amenities and outdoor activities, attracting a variety of residents. An annual income of $120,225 in Tampa provides a comfortable lifestyle, especially when examining key factors such as the cost of living, housing market, healthcare, and education. Below is a breakdown of these factors compared to the broader United States.

Cost of Living

• General Expenses: Tampa's cost of living is slightly below the national average.
  • Groceries, utilities, and transportation are moderately priced.
  • Dining and entertainment options are diverse and reasonably priced.
• Income to Expense Ratio: With a salary of $120,225, residents can expect a comfortable lifestyle, including discretionary spending and savings opportunities.

Housing Market

• Home Prices: The median home price in Tampa is competitive compared to the national average.
  • Relatively affordable housing market, with opportunities in both suburban and urban areas.
• Renting vs. Buying: Renting is a feasible option with moderately priced rents, although buying is often considered a better long-term investment.

Quality of Life

• Weather and Environment: Favorable year-round climate allows for outdoor activities and community events.
• Cultural Amenities: Tampa is home to museums, theaters, and sports venues, contributing to a lively cultural scene.
• Dining and Shopping: Offers a variety of local and international cuisine and shopping options, from boutique to luxury.

Access to Healthcare

• Healthcare Facilities: Tampa is equipped with several renowned hospitals and medical centers providing high-quality care.
• Insurance Coverage: A healthy market for insurance options, making healthcare accessible for most individuals.

Quality of K-12 Schools

• Public Education: The public school system offers a range of well-rated elementary, middle, and high schools.
• Private and Charter Schools: Numerous private and charter school options cater to different educational philosophies and student needs.
• Extracurricular Activities: Schools offer a wide variety of extracurricular programs, fostering well-rounded development for students.

Summary

In Tampa, a salary of $120,225 per year permeates affordability and quality, making it a feasible option for good living conditions. The cost of living, balanced with reasonable housing prices, ensures disposable income for leisure and investment. Access to healthcare is reliable, and the K