Tamiami, FL

Very High · 134

Florida · Population 51,201 · Updated March 2026

$1,901
Median Rent / Month
$78,916
Median Income
$451,400
Median Home Value
$1,689
Owner Costs / Month

Affordability

How far your income goes in Tamiami

28.9%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in Florida

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.0%
Sales Tax
0.86%
Property Tax Rate

Estimated Annual Costs

$22,812
Annual Rent
$0
State Income Tax
$3,882
Property Tax (est.)

Cost of Living Overview

Tamiami has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 134 (where 100 equals the national median), Tamiami residents can expect to pay median rent of $1,901/month while earning a median household income of $78,916/year.

The median home value in Tamiami, FL is $451,400, with typical monthly owner costs around $1,689 including mortgage, insurance, and taxes. With a rent-to-income ratio of 28.9%, Tamiami falls within the generally affordable range, though it's approaching the 30% burden threshold.

Florida has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.0% sales tax rate and 0.86% effective property tax rate, the overall tax environment helps keep costs manageable in Tamiami.

Frequently Asked Questions

Common questions about living costs in Tamiami

What is the cost of living in Tamiami, FL?
The cost of living index in Tamiami, FL is 134 (US average = 100). Median monthly rent is $1,901, median household income is $78,916/year, and the median home value is $451,400.
Is Tamiami, FL affordable?
No, Tamiami is more expensive than the national average with a cost index of 134. The rent-to-income ratio is 28.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Tamiami, FL?
The median gross rent in Tamiami, FL is $1,901 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $22,812.
What is the median household income in Tamiami?
The median household income in Tamiami, FL is $78,916 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Florida?
Florida has a top income tax rate of 0%, a sales tax of 6.0%, and an effective property tax rate of 0.86%. Notably, there is no state income tax.