- November 23, 2024
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A new study revealed that Tampa is the most expensive city in Florida, while Fort Myers is on the other end of that spectrum.
With its leisure and transportation costs factored in, FloridaRentals.com, a rental site, found that Tampa ranked at the bottom of a list of 29 cities across Florida for being the most expensive.
The study takes into account cost of living data provided by Numbeo, a database, that includes factors like egg and bread costs, gym memberships, taxi costs and internet bills. The factors were weighed against the average annual income, then the cities were ranked by score out of 100.
Fort Myers came out with an index score of 60.19, making it the cheapest city on the list, just after Hollywood. Utilities and clothing costs set this city apart. The average utility cost for an 85-meter-squared apartment is $129.28, according to the study, with an average summer dress costing $25.
Bradenton followed closely behind as the fourth cheapest city in the state.
The average cost of a one-bedroom apartment in Tampa, the study shows, is $2,091.89, which earned the city a score of 36.07 out of 100.