Is Carrollwood Expensive?

Tampa, United States

-10% vs Tampa avg

Living in Carrollwood, Tampa

Carrollwood is a relatively affordable area in Tampa, with a cost of living index of 58.1 — that is -10% compared to the Tampa average. At #18 of 30, it is below the city average in cost. Estimated rent for a one-bedroom apartment here is around $1,530/month, compared to a range of $1,156 in Plant City to $2,346 in Palma Ceia.

Monthly Budget Breakdown

For a typical resident of Carrollwood, housing takes up roughly 40% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately $61,200 before tax.

Typical Salaries in Carrollwood

Salaries in Carrollwood reflect the local cost of living. Based on the neighborhood COLI of 58.1:

After tax and deductions of 19.1% in United States, take-home pay for someone earning $61,200 would be roughly $49,511/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

58.1
COLI Index
0.90x
vs City Avg
$1,530
Est. 1BR Rent
#18
of 30 Areas
19.1%
Total Deductions

Tax & Deductions in Carrollwood

Estimated annual deductions on a $43,575 salary in Carrollwood, Tampa (local employee).

Income Tax
11%
Social Security + Medicare (FICA)
7.6%
Total Deductions: 19.1%
Est. Take-Home: $35,245/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Carrollwood would need to be elsewhere:

City Currency Equivalent
New York USD $43,575
London GBP £37,500
Dubai AED AED 218,040

Other Neighborhoods in Tampa

Neighborhood COLI Multiplier vs Avg
Palma Ceia 89.0 1.38x +38%
Hyde Park 87.1 1.35x +35%
Davis Islands 85.1 1.32x +32%
Harbour Island 83.9 1.30x +30%
Bayshore 82.6 1.28x +28%

View all 30 neighborhoods in Tampa →

Convert Your Salary

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Carrollwood:

Hornsby, Sydney Hollerich, Luxembourg City East Atlanta Village, Atlanta Sandy Springs, Atlanta Avondale Estates, Atlanta Skye Canyon, Las Vegas

Frequently Asked Questions

Is Carrollwood expensive in Tampa?

Carrollwood is one of the more affordable neighborhoods in Tampa. It costs about -10% less than the city average, ranking #18 out of 30 neighborhoods.

How does Carrollwood compare to the Tampa average?

The cost of living in Carrollwood is below the Tampa average. With a multiplier of 0.90x, everyday expenses including rent, food, and transportation are -10% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include U.S. Bureau of Labor Statistics · U.S. Census Bureau · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.