Is SoHo (South Howard) Expensive?

Tampa, United States

+25% vs Tampa avg

Living in SoHo (South Howard), Tampa

SoHo (South Howard) is one of the pricier neighborhoods in Tampa, with a cost of living index of 80.6 — that is +25% compared to the Tampa average. It ranks #6 out of 30 areas by cost. Estimated rent for a one-bedroom apartment here is around $2,125/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 SoHo (South Howard), 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 $85,000 before tax.

Typical Salaries in SoHo (South Howard)

Salaries in SoHo (South Howard) reflect the local cost of living. Based on the neighborhood COLI of 80.6:

After tax and deductions of 21.5% in United States, take-home pay for someone earning $85,000 would be roughly $66,725/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

80.6
COLI Index
1.25x
vs City Avg
$2,125
Est. 1BR Rent
#6
of 30 Areas
21.5%
Total Deductions

Tax & Deductions in SoHo (South Howard)

Estimated annual deductions on a $60,450 salary in SoHo (South Howard), Tampa (local employee).

Income Tax
14%
Social Security + Medicare (FICA)
7.6%
Total Deductions: 21.5%
Est. Take-Home: $47,474/yr

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

Salary Equivalents

What a $75,000 USD salary in SoHo (South Howard) would need to be elsewhere:

City Currency Equivalent
New York USD $60,450
London GBP £52,022
Dubai AED AED 302,479

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 SoHo (South Howard):

Bucktown, Chicago Belair, Luxembourg City Myers Park, Charlotte Downtown / SoBro, Nashville MacDonald Highlands, Las Vegas Discovery Bay, Hong Kong

Frequently Asked Questions

Is SoHo (South Howard) expensive in Tampa?

Yes, SoHo (South Howard) is one of the more expensive neighborhoods in Tampa. It costs about +25% more than the city average, ranking #6 out of 30 neighborhoods.

How does SoHo (South Howard) compare to the Tampa average?

The cost of living in SoHo (South Howard) is significantly above the Tampa average. With a multiplier of 1.25x, everyday expenses including rent, food, and transportation are +25% 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.