What is the cost of living in Tampa?
Tampa is one of the most desirable places to live in all of Florida. Tampa is an attractive city with a long and eventful history, a vibrant local culture, a wealth of things to do, and a wonderful environment, all of which contribute to the city’s high level of desirability. But is it a costly endeavor to make a living there?
The cost of living in Tampa is not too high. It is more costly than the typical city in the United States, although it is less expensive than major metropolitan areas such as New York or San Diego. For instance, in order to call Tampa home, a family of four would need an annual salary of between $50,000 and $90,000. However, a single adult may get by in the city on around $32,000 per year.
What is everyday life like in The Big Guava?
Living in Tampa is a great journey you won’t want to miss. The location of the city is good for sailors and fishermen, and the beautiful beaches of Pinellas County are just a short drive away. Additionally, Disney World can be reached in around one hour and fifteen minutes from the city. Even for those who don’t plan on leaving the city, Tampa has a lot to offer in and of itself. In addition to this, the crime rate is lower than the national average. The following is a breakdown of how much money you might need in order to make a living in Tampa.
| Housing | Own $350,000Rent $1,500 and $2,000 a month |
| Transportation | Between $5,000 and $10,000 a year |
| Utilities | $231 per month |
| Food | Between $298 and 385 per person per month |
| Insurance | Health Insurance $123 per monthLife Insurance $82 per month |
| Mobile Phone | $113 per month |
How to stay in good financial health while living in Tampa?
Your financial stability in Tampa depends on you having a solid plan to weather any storms that may come your way. Getting the help of a financial planner would definitely make it easier to get rid of any potential problems in your financial planning. Get in touch with a certified financial and investment advisor in the Tampa area. Connect with Markowski Investment today!
Markowski Investments is located at 2422 W. Sunset Dr., Tampa, FL 33629. It is a wealth management company that puts the needs of families and individual investors at the center of everything it does.
