Tampa is 4% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Tampa to live the same way.
🏠 Rent per month
$1,649
$2,216
🛏️ 2-bedroom rent
$1,805
$1,886
💵 Families earn per year
$87,192
$81,400
🔑 Buying a house
$362,200
$420,400
📊 Overall prices (U.S. = 100)
104.8
100.9
🏛️ Property tax per year
$4,339
$3,264
⚡ Electric bill per month
$91
$162
👥 People living there
427,246
401,618
Commute to work
22 min
24.8 min
College degree
55.5%
45.7%
Own their home
47.7%
50.3%
Below poverty line
16%
15.5%
Unemployment
5.9%
4.9%
Bottom line
- Pick Minneapolis for lower rent, cheaper 2-bedroom apartments, higher incomes and 3 more.
- Pick Tampa for less poverty, lower unemployment.
Pay for the same job
| Job | Minneapolis | Tampa | Difference |
|---|---|---|---|
| Firefighter | $39,350 | $59,660 | +52% in Tampa |
| Plumber | $101,630 | $52,000 | -49% in Tampa |
| Server (Waiter/Waitress) | $25,920 | $37,070 | +43% in Tampa |
| HVAC Technician | $77,490 | $50,540 | -35% in Tampa |
| Electrician | $81,890 | $57,450 | -30% in Tampa |
| Carpenter | $74,060 | $52,130 | -30% in Tampa |
| Elementary School Teacher | $79,730 | $60,120 | -25% in Tampa |
| Market Research Analyst | $97,910 | $75,210 | -23% in Tampa |
Frequently asked questions
Is Minneapolis or Tampa cheaper to live in?
Tampa is about 4% cheaper overall. Rent is $2,216 a month there versus $1,649 in Minneapolis.
What salary do I need in Tampa to match $60,000 in Minneapolis?
About $57,749 a year gives the same standard of living in Tampa.
Where do people earn more, Minneapolis or Tampa?
The typical household earns $87,192 in Minneapolis and $81,400 in Tampa, 7% more in Minneapolis.