Route comparison
Miami, FL vs Tampa, FL: Cost of Living
Compare the cost of living between Miami, FL and Tampa, FL. See the equivalent salary and median rent powered by BLS Regional Price Parities.
Miami, FL
FL
- Overall RPP (US=100)
- 111.5
- Housing RPP
- 147.3
- Goods RPP
- 104.7
- 2-BR median rent
- $2,324/mo
Florida has no state income tax. Very attractive vs. high-tax states.
Tampa, FL
FL
- Overall RPP (US=100)
- 99.7
- Housing RPP
- 118.6
- Goods RPP
- 97.4
- 2-BR median rent
- $1,851/mo
Florida has no state income tax.
Equivalent salary
Tampa, FL is cheaper than Miami, FL by about 10.6% (RPP 111.5 to 99.7).
$60,000 in Miami, FL
-> $53,650
in Tampa, FL
$100,000 in Miami, FL
-> $89,417
in Tampa, FL
$150,000 in Miami, FL
-> $134,126
in Tampa, FL
This tool provides estimates only. Equivalent-salary figures are derived from BLS Regional Price Parities (RPP) and HUD Fair Market Rents — they are averages, not guarantees. Actual cost of living varies by neighborhood, lifestyle, and individual circumstances. Not financial advice.
Migration signal: Miami, FL vs Tampa, FL
IRS tax-return migration · 2021-2022Miami, FL
- Net people
- −26,137
- Net rank
- #56 of 65
- Top origin share
- 2%
- Top destination share
- 5%
Largest source: New York County, NY. Largest destination: St. Lucie County, FL.
Tampa, FL
- Net people
- +39,696
- Net rank
- #2 of 65
- Top origin share
- 2%
- Top destination share
- 5%
Largest source: Polk County, FL. Largest destination: Polk County, FL.
Rent delta: Tampa, FL is $473/mo lower for HUD FY2024 2-BR FMR than Miami, FL. Housing RPP moves from 147.3 to 118.6.
Migration figures are derived from IRS SOI county-to-county migration data for 2021-2022, mapped to metros via Census CBSA delineation. Small county-to-county flows are IRS-suppressed, so per-metro totals are lower bounds. Source: IRS SOI migration data.
Frequently asked questions
- Is Tampa, FL cheaper or more expensive than Miami, FL?
- Tampa, FL (RPP 99.7) is cheaper than Miami, FL (RPP 111.5) by about 10.6%.
- What salary do I need in Tampa, FL if I earn $100,000 in Miami, FL?
- You would need approximately $89,417 in Tampa, FL to maintain the same purchasing power as $100,000 in Miami, FL. Formula: $100,000 x (99.7 / 111.5).
- Which metro had stronger net migration, Miami, FL or Tampa, FL?
- For 2021-2022, Miami, FL had a net loss of 26,137 people, while Tampa, FL had a net gain of 39,696 people. IRS small-flow suppression means these are lower-bound research signals, not complete population-change totals.