The Bureau of Labor Statistics of the U.S. Department of Labor is the principal Federal agency responsible for measuring labor market activity, working conditions, and price changes in the economy.
For Release: Wednesday, October 20, 2021
SOUTHEAST INFORMATION OFFICE: Atlanta, Ga.
(404) 893-4222 BLSInfoAtlanta@bls.gov www.bls.gov/regions/southeast
Consumer Expenditures in the Tampa Metropolitan Area — 2019–20
Households in the Tampa-St. Petersburg-Clearwater, FL, metropolitan area spent an average of $60,720 per
year in 2019–20, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Janet S. Rankin
noted that this figure was not significantly different from the $62,188 average expenditure level for households
in the United States. Tampa-area households allocated their dollars similarly to the nation in 5 of the 8 largest
major components. Three of the largest components in the local area differed significantly from their
respective U.S. averages. For example, the share of expenditures for cash contributions, which accounted for
2.3 percent of the average household’s budget in the Tampa area, was lower than the national average of 3.4
percent. (See chart 1 and table 1.)
Highlights of the Tampa area’s 2019–20 spending patterns:
Housing: This was the largest expenditure component for Tampa-area households and averaged
$20,648. Housing accounted for 34.0 percent of the area’s household budget, not significantly different
than the 33.8-percent U.S. average. Housing expenditure shares among the 22 published metropolitan
areas ranged from 39.1 percent in New York to 31.8 percent in St. Louis. (See table 2.)
Transportation: Tampa-area households spent 18.4 percent of their budget on transportation, not
significantly different than the national average of 16.5 percent. Of the $11,178 in annual transportation
expenditures in Tampa, 93.4 percent was spent buying and maintaining private vehicles; this compared
to the national average of 94.9 percent.
Food: The portion of a Tampa household’s budget spent on food, 14.1 percent, was significantly higher
than the 12.5-percent U.S. average. Tampa-area households spen