![]() Average individual earnings are somewhat higher than national averages, although average household earnings are slightly less. Tampa’s job market is growing slightly faster than the U.S. ![]() Insurance costs can be more expensive, mainly because of flood insurance.Tampa’s housing expenses are 11% lower than the national average, so if the weather and remote working capabilities are what you’re after, you may find Tampa an easy adjustment. The living cost in Tampa has increased significantly over the last year, but it’s known to be 5% lower than the national average. What is the Cost of Living in Tampa, Florida? The added amenities make this area one of the best places to live for all ages. Riverview and the unincorporated areas, including Apollo Beach, have had an enormous population burst. Riverview - With quiet and diverse neighborhoods (mostly all HOA and CDC governed), Riverview is a relatively safe and family-friendly community.The neighborhood is a deed-restricted community, meaning you will be part of an HOA and pay monthly dues for community-specific amenities and services. The area has a wide range of price points and various living options, from condos and villas to single-family houses. Westchase - This close-knit community is between Tampa and Palm Harbor.The Carrollwood area is pricier than other Tampa suburbs. Different HOAs govern each section, giving you variety when choosing homes. Carrollwood - Located about 9 miles northwest of downtown Tampa, this suburb is one of Tampa’s premier residential communities.We’ve gathered a few that had raving reviews from current and past residents. This type of community might differ from what you’re used to, but they are ideal for young families, retirees, and snowbirds looking to get away for the winter. Many are planned communities with homeowners’ associations (HOA) and board members that meet residents’ needs. The best Tampa suburbs offer space and have a decent commute. Plus, with its central location, you’re minutes from the action downtown and close to the Hillsborough River. Many homes are bungalow style, giving the area a unique charm. This neighborhood has pros and cons, but it’s booming with new businesses, bars, restaurants, and nightlife. Seminole Heights is on the west side of Tampa, with a hearty art scene and delicious hole-in-the-wall restaurants. Near the University of Tampa, this highly desirable neighborhood has many restaurants, bars, and nightlife for all ages. The historic district was founded in the late 19th century, and bungalows, tree-lined streets, and brick sidewalks fill the neighborhood. This section of Tampa is highly walkable and family-friendly. It is the up-and-coming area of Downtown Tampa and where most of the younger residents tend to live. ![]() Here you’ll find an assortment of high-rise condos, converted lofts, and quaint boutique shops in this Waterstreet District neighborhood. Sparkman Wharf is a park in the middle of Channelside, providing waterfront views, a lawn for play and relaxation, and a Biergarten filled with refreshing local craft options. Located east of downtown, local businesses and entertainment complexes fill this Channelside District. Ybor City is also the place to be for cuisine as it is the home to the famous Columbia Restaurant and the Cuban Sandwich. Ybor attracts many college-aged people, so this area’s residential options might appeal more to the younger demographic. This historic and trendy section of Tampa is northeast of downtown and was once the “Cigar Capital of the World.” If you buy a historic home here, it might be on the National Register of Historic Places, which means you’ll need to abide by restoration codes. There are many shopping and dining options in the neighborhoods, not only in the City of Tampa but in the entire Tampa Bay region. Every section of the city and surrounding suburbs has plenty of history and lifestyle. The Tampa area is well known for its history and roots in Italy and Cuba. Are you looking for a downtown lifestyle nestled along the Hillsborough River? Or are you seeking a historic vibe like Ybor City? Various neighborhoods throughout the city of Tampa offer something for everyone.
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