Austin VS Tampa

Cost of Living & Salary Comparison 2026

Austin
United States
64.8
COLI Index
#32
Global Rank
USD
Currency
Tampa
United States
64.5
COLI Index
#33
Global Rank
USD
Currency

Key Differences

Cost of Living
64.8
64.5
1BR Rent (USD/mo)
$1,800
$1,700
Total Deductions
19.5%
19.4%
Exchange Rate
1 USD = 1.0000 USD
Is Austin cheaper than Tampa?

Yes, Tampa is 0% cheaper than Austin based on our cost of living index. Tampa has a COLI of 64.5, while Austin has a COLI of 64.8. 0% cheaper

Key Takeaways: Austin vs Tampa

Overall, Tampa is approximately 0% cheaper than Austin based on our cost of living index. Austin has a COLI of 64.8 (ranked #32 of 182 cities), while Tampa has a COLI of 64.5 (ranked #33).

When it comes to housing, one-bedroom apartment rent in Austin averages $1,800/month compared to $1,700/month in Tampa. That makes Tampa approximately 6% cheaper for rent alone.

Tampa has lower total deductions (19.4%) compared to Austin (19.5%), meaning you keep more of your gross salary in Tampa. When evaluating a relocation, remember that total deductions directly impact your take-home pay and should be weighed alongside cost of living differences.

Tax & Deductions Comparison

Full breakdown of mandatory payroll deductions for a mid-range salary as a local employee in each city.

Austin

Income Tax
12%
Social Security + Medicare (FICA)
7.6%
Total: 19.5%Take-Home: $39,137/yr

Tampa

Income Tax
12%
Social Security + Medicare (FICA)
7.6%
Total: 19.4%Take-Home: $38,979/yr

Rates shown for local employees. Expat deductions may differ — use the main converter for personalized calculations.

Salary Equivalent

If you earn $75,000 in Austin, you would need approximately $74,653 in Tampa to maintain the same purchasing power. That is 0% less thanks to lower cost of living.

Salary Comparison by Job Title

Estimated mid-level annual salaries in local currency, adjusted for each city's cost of living:

Job Title Austin (USD) Tampa (USD)
Doctor (General) $116,640 $116,100
Software Engineer $55,080 $54,825
Product Manager $64,800 $64,500
Lawyer $64,800 $64,500
Data Scientist $61,560 $61,275
Marketing Manager $46,656 $46,440
Teacher $31,104 $30,960
Nurse $37,584 $37,410

Salary estimates are adjusted by each city's COLI relative to the New York baseline. Actual salaries vary by company, experience, and industry.

Neighborhoods

Austin (Top 5)

NeighborhoodMultiplier
West Lake Hills1.30x (+30%)
Downtown1.25x (+25%)
Clarksville1.25x (+25%)
Zilker1.22x (+22%)
South Congress (SoCo)1.18x (+18%)

Tampa (Top 5)

NeighborhoodMultiplier
Palma Ceia1.38x (+38%)
Hyde Park1.35x (+35%)
Davis Islands1.32x (+32%)
Harbour Island1.30x (+30%)
Bayshore1.28x (+28%)

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Frequently Asked Questions

Is Austin or Tampa more expensive?

Austin is more expensive overall. Austin has a COLI of 64.8 while Tampa has a COLI of 64.5, making Tampa approximately 0% cheaper.

What salary in Tampa equals $75,000 in Austin?

To maintain the same standard of living as $75,000 in Austin, you would need approximately $74,653 in Tampa.

Is rent cheaper in Austin or Tampa?

Average one-bedroom rent in Austin is $1,800/month compared to $1,700/month in Tampa. Tampa has lower rent by approximately 6%.

Which city has lower taxes, Austin or Tampa?

Tampa has lower total deductions (19.4%) compared to Austin (19.5%), meaning you keep more of your gross salary in Tampa.

Explore Each City

Data Sources & Methodology

Cost of living indices (COLI) are benchmarked to New York City = 100 and derived from Numbeo and Expatistan crowd-sourced price surveys, cross-referenced with national statistics agencies. Rent data from Numbeo Property Prices.

Salary ranges are compiled from the U.S. Bureau of Labor Statistics (OES), Glassdoor, and PayScale. Tax rates are approximate effective rates for mid-range earners based on OECD Taxing Wages and national tax authorities. Exchange rates from the European Central Bank. Neighborhood multipliers are estimated from local rental indices and property data.

Last updated: 2026-02-28. Data is refreshed periodically. All figures are estimates for informational purposes only.