Is Hyde Park Expensive?

Tampa, United States

+35% vs Tampa avg

Living in Hyde Park, Tampa

Hyde Park is the most expensive area in Tampa, with a cost of living index of 87.1 — that is +35% compared to the Tampa average. Only the top 2 of 30 neighborhoods cost more. Estimated rent for a one-bedroom apartment here is around $2,295/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 Hyde Park, 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 $91,800 before tax.

Typical Salaries in Hyde Park

Salaries in Hyde Park reflect the local cost of living. Based on the neighborhood COLI of 87.1:

After tax and deductions of 22.1% in United States, take-home pay for someone earning $91,800 would be roughly $71,512/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

87.1
COLI Index
1.35x
vs City Avg
$2,295
Est. 1BR Rent
#2
of 30 Areas
22.1%
Total Deductions

Tax & Deductions in Hyde Park

Estimated annual deductions on a $65,325 salary in Hyde Park, Tampa (local employee).

Income Tax
14%
Social Security + Medicare (FICA)
7.6%
Total Deductions: 22.1%
Est. Take-Home: $50,903/yr

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

Salary Equivalents

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

City Currency Equivalent
New York USD $65,325
London GBP £56,218
Dubai AED AED 326,872

Other Neighborhoods in Tampa

Neighborhood COLI Multiplier vs Avg
Palma Ceia 89.0 1.38x +38%
Davis Islands 85.1 1.32x +32%
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 →

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Compare Hyde Park

Hyde Park vs Palma Ceia Hyde Park vs Davis Islands

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Hyde Park:

Pearl District, Portland Highland Park, Dallas Belle Meade, Nashville Society Hill, Philadelphia Seocho, Seoul Saadiyat Island, Abu Dhabi

Frequently Asked Questions

Is Hyde Park expensive in Tampa?

Yes, Hyde Park is one of the more expensive neighborhoods in Tampa. It costs about +35% more than the city average, ranking #2 out of 30 neighborhoods.

How does Hyde Park compare to the Tampa average?

The cost of living in Hyde Park is significantly above the Tampa average. With a multiplier of 1.35x, everyday expenses including rent, food, and transportation are +35% 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.