The Tampa Bay area ranks once again as one of the most affordable metros in the United States and the second most affordable market in Florida. With a 2016 Cost of Living Index (COLI) of 91.5, the Tampa market is 8.5 points lower than the national average of 100.
In comparison with the rest of Florida, the Orlando market’s COLI was 94.2, Miami was 111, and Jacksonville was 95.8. The lowest composite score of 90.6 belonged to the Palm Coast-Flagler County area. The Tampa metro came in more affordable than major markets across the United States as well. Atlanta’s composite score was 98.7, Dallas sat at 100.4, and Raleigh was 94.4.
Read more on the Tampa Hillsborough Economic Development website.