Is Palma Ceia Expensive?

Tampa, United States

+38% vs Tampa avg

Living in Palma Ceia, Tampa

Palma Ceia is the most expensive area in Tampa, with a cost of living index of 89.0 — that is +38% compared to the Tampa average. Only the top 1 of 30 neighborhoods cost more. Estimated rent for a one-bedroom apartment here is around $2,346/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 Palma Ceia, 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 $93,840 before tax.

Typical Salaries in Palma Ceia

Salaries in Palma Ceia reflect the local cost of living. Based on the neighborhood COLI of 89.0:

After tax and deductions of 22.2% in United States, take-home pay for someone earning $93,840 would be roughly $73,008/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

89.0
COLI Index
1.38x
vs City Avg
$2,346
Est. 1BR Rent
#1
of 30 Areas
22.2%
Total Deductions

Tax & Deductions in Palma Ceia

Estimated annual deductions on a $66,750 salary in Palma Ceia, Tampa (local employee).

Income Tax
15%
Social Security + Medicare (FICA)
7.6%
Total Deductions: 22.2%
Est. Take-Home: $51,906/yr

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

Salary Equivalents

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

City Currency Equivalent
New York USD $66,750
London GBP £57,444
Dubai AED AED 334,003

Other Neighborhoods in Tampa

Neighborhood COLI Multiplier vs Avg
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%
SoHo (South Howard) 80.6 1.25x +25%

View all 30 neighborhoods in Tampa →

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Compare Palma Ceia

Palma Ceia vs Hyde Park Palma Ceia vs Clearwater Palma Ceia vs Davis Islands Palma Ceia vs Plant City

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Palma Ceia:

West Bay, Doha Ville Haute, Luxembourg City Toorak, Melbourne Gangnam, Seoul Saadiyat Island, Abu Dhabi Society Hill, Philadelphia

Frequently Asked Questions

Is Palma Ceia expensive in Tampa?

Yes, Palma Ceia is one of the more expensive neighborhoods in Tampa. It costs about +38% more than the city average, ranking #1 out of 30 neighborhoods.

How does Palma Ceia compare to the Tampa average?

The cost of living in Palma Ceia is significantly above the Tampa average. With a multiplier of 1.38x, everyday expenses including rent, food, and transportation are +38% 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.