Cost of Living: Tampa, FL vs Savannah, GA (2026)

Tampa

Florida
113
VS

Savannah

Georgia
84

Tampa is 35% more expensive than Savannah.

$1,567/mo ↑ 20%
Median Rent
$1,302/mo ↓ 17%
$71,302/yr ↑ 26%
Median Income
$56,782/yr ↓ 20%
$375,300 ↑ 67%
Home Value
$225,200 ↓ 40%
$1,553/mo ↑ 24%
Owner Costs
$1,257/mo ↓ 19%
393,389
Population
147,546

Tax Comparison

0%
Income Tax
5.49%
6.0%
State Sales Tax
4.0%
0.86%
Property Tax
0.92%

Affordability

26.4%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing Tampa, FL and Savannah, GA, the overall cost of living indices are 113 and 84 respectively (national median = 100). Rent is $265/month cheaper in Savannah, saving renters about $3,180/year.

Median household income is $14,520/year higher in Tampa. Home values also differ significantly — the median in Tampa is $375,300 compared to $225,200 in Savannah.

Florida has no state income tax, giving Tampa residents a significant tax advantage over Georgia's 5.49% rate.

Frequently Asked Questions

Tampa vs Savannah — common questions

Is Tampa or Savannah cheaper to live in?
Based on our cost index, Savannah is cheaper to live in with an index of 84 compared to 113 (US average = 100).
What is the rent difference between Tampa and Savannah?
Median rent in Tampa is $1,567/month and in Savannah it's $1,302/month — a difference of $265/month.
Which city has higher income, Tampa or Savannah?
Median household income is $71,302 in Tampa and $56,782 in Savannah. Median household income is $14,520/year higher in Tampa.
How do taxes compare between Florida and Georgia?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Georgia has 5.49% income tax, 4.0% sales tax, and 0.92% property tax.
Should I move to Tampa or Savannah?
It depends on your priorities. Tampa has a cost index of 113 with median rent of $1,567/mo, while Savannah has a cost index of 84 with rent of $1,302/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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