Is Davis Islands Expensive?

Tampa, United States

+32% vs Tampa avg

Living in Davis Islands, Tampa

Davis Islands is the most expensive area in Tampa, with a cost of living index of 85.1 — that is +32% compared to the Tampa average. Only the top 3 of 30 neighborhoods cost more. Estimated rent for a one-bedroom apartment here is around $2,244/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 Davis Islands, housing takes up roughly 55% 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 $89,760 before tax.

Typical Salaries in Davis Islands

Salaries in Davis Islands reflect the local cost of living. Based on the neighborhood COLI of 85.1:

After tax and deductions of 21.9% in United States, take-home pay for someone earning $89,760 would be roughly $70,103/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

85.1
COLI Index
1.32x
vs City Avg
$2,244
Est. 1BR Rent
#3
of 30 Areas
21.9%
Total Deductions

Tax & Deductions in Davis Islands

Estimated annual deductions on a $63,825 salary in Davis Islands, Tampa (local employee).

Income Tax
14%
Social Security + Medicare (FICA)
7.6%
Total Deductions: 21.9%
Est. Take-Home: $49,848/yr

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

Salary Equivalents

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

City Currency Equivalent
New York USD $63,825
London GBP £54,927
Dubai AED AED 319,367

Other Neighborhoods in Tampa

Neighborhood COLI Multiplier vs Avg
Palma Ceia 89.0 1.38x +38%
Hyde Park 87.1 1.35x +35%
Harbour Island 83.9 1.30x +30%
Bayshore 82.6 1.28x +28%
SoHo (South Howard) 80.6 1.25x +25%

View all 30 neighborhoods in Tampa →

Convert Your Salary

See exactly what you need to earn in Davis Islands, Tampa to maintain your lifestyle.

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Compare Davis Islands

Davis Islands vs Hyde Park Davis Islands vs Palma Ceia

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Davis Islands:

West Vancouver, Vancouver Buckhead, Atlanta Östermalm, Stockholm Katara, Doha Al Dafna, Doha Business Bay, Dubai

Frequently Asked Questions

Is Davis Islands expensive in Tampa?

Yes, Davis Islands is one of the more expensive neighborhoods in Tampa. It costs about +32% more than the city average, ranking #3 out of 30 neighborhoods.

How does Davis Islands compare to the Tampa average?

The cost of living in Davis Islands is significantly above the Tampa average. With a multiplier of 1.32x, everyday expenses including rent, food, and transportation are +32% 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.