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Crunching costs, sorting signals, rendering insights.
Crunching costs, sorting signals, rendering insights.
Moving to Tampa is roughly financially neutral — costs and incomes shift together.
Tampa has a cost index of 108 vs 184 for Irvine. Tampa is 76 points cheaper overall. Monthly rent goes from $3,361 to $1,968 (-41%).
If you earn the Irvine median of $129,647, you would need approximately $76,097/year in Tampa to maintain equivalent purchasing power, based on the cost index difference of 76 points (41%).
Median rent in Irvine is $3,361/month. In Tampa it is $1,968/month — a difference of $1,393 per month, or $16,716 per year.
Moving to Tampa is roughly financially neutral — costs and incomes shift together. The salary equivalent to maintain your current lifestyle is $76,097/year in Tampa. The median income there is $71,302.
Estimated monthly essentials total $6,764 in Irvine vs $4,026 in Tampa — a difference of $2,738/month ($32,856/year).
The median home price in Tampa is $369,079 vs $1,541,925 in Irvine. With 20% down and a 6.5% rate, the estimated monthly mortgage payment is $1,866 in Tampa vs $7,797 in Irvine.