CostIndexUSA

Olympia, WA vs Tampa, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

WA
Olympia
103.7
overall index
$2,025/mo rent
More AffordableFL
Tampa
100.9
overall index
$1,975/mo rent

Tampa is slightly cheaper than Olympia — 2.7% lower overall cost of living.

To match an $80,000 salary in Olympia, you would need $77,800 in Tampa. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+7.8%
Olympia
116.7
Tampa
125.8
🛒 Groceries9.0%
Olympia
105
Tampa
95.5
🚗 Transportation1.9%
Olympia
104.4
Tampa
102.4
🏥 Healthcare1.9%
Olympia
94.5
Tampa
92.7
Utilities3.5%
Olympia
91.7
Tampa
88.5

Salary Equivalency Calculator

Enter your current salary in Olympia to see what you'd need to earn in Tampa to maintain the same purchasing power.

$
Equivalent salary in Tampa, FL
$77,800
$2,200 less needed in Tampa

Formula: salary × (100.9 ÷ 103.7) = salary × 0.9730. Based on BEA Regional Price Parities.

Housing Market

Olympia, WA

Median Home Price
$518,000
Median Monthly Rent
$2,025
Housing Index
116.7
Price-to-Rent Ratio
21.3×

Tampa, FL

Median Home Price
$352,000
Median Monthly Rent
$1,975
Housing Index
125.8
Price-to-Rent Ratio
14.9×

Tampa has 7.8% higher housing costs compared to Olympia.

Income & Job Market

Olympia, WA

Median Household Income
$93,200
Per Capita Income
$53,100
Unemployment Rate
4.1%
Population
53,532
Top Industries
GovernmentHealthcareEducationRetailManufacturing

Tampa, FL

Median Household Income
$72,700
Per Capita Income
$41,400
Unemployment Rate
4.1%
Population
399,700
Top Industries
FinanceHealthcareTourismTechnologyLogistics

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Olympia, WA
3.8×income-to-rent ratio

74% of income left after rent (median)

Tampa, FL
3.1×income-to-rent ratio

67% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.