The median home sale price in Tampa is around $485,000, providing affordable options in neighborhoods with a range of lifestyle amenities.
Miami's real estate market is more competitive, offering luxury high-rises, beachside condos, and upscale single-family homes, with median home costs around $605,000.
The overall cost of living in Miami is about 23% higher than in Tampa, with differences in housing, transportation, and lifestyle expenses.
Utilities in Miami are around 5% more expensive than in Tampa, driven by Miami's denser urban layout and high energy demand during the summer months.
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