Florida State lies in the southeastern part of the US. Tallahassee is the capital of Florida which is a developed economic hub with many companies being developed here. There are some wonderful places in Florida where you can live comfortably. If you are planning to move to Florida, you must consider several aspects of it. The cost of living in Florida would probably be the first aspect you would like to know while going there. The average cost of living in Florida State is affordable when compared to the other states. Here, we will bifurcate the costs in more detail and understand several costs in the state.
Is Florida really cheap to live?
Florida is neither much cheaper nor expensive to live in. However, when compared to most of the states in the US, the cost of living is cheaper here. The cost of several basic items and services is lesser which makes it cheap to live. The cost of living will vary to some extent from one place to another.
The best time to visit Florida would be in the summer when you can experience a pleasant climate. Here are some names where the cost of living in Florida cities is low: Palm Coast, Kissimmee, Cape Coral, Palm Bay, Gainesville, Orlando. An expat can live at a low cost in any of these places.
Is it expensive to live in Florida?
Compared to other states, the cost of living in Florida per year is lesser. However, the cost of living is a little higher in some cities where it is well-developed and has better availability of the basic amenities. Some cities where you will find the cost of living is are Miami, Orlando, Tampa Bay, Jacksonville, etc.
Here, you will experience a lot of industrial development and better growth in the economy. As per Zillow, the median home value in Florida is $233,700. Also, slight high prices in the energy in Florida compared to the other states can increase the prices over some aspects. Overall, it is not much expensive to live in Florida state.
1. Groceries Prices in Florida
Groceries are a very important consideration while calculating the cost of living in Florida per year. The grocery cost in Florida state is found to be lower than the average cost of US.
Florida Grocery Comparison
The below table shows the comparison of the Grocery pricing in Wyoming when comparison with Florida.
All prices in $.
How much do groceries cost per month in Florida?
In Florida, a family of four spends $9,000 on average in Florida. The cost of groceries for a family is lesser when compared to other states in the US.
How much does a single person spend on groceries in Florida?
In Florida, a single adult can spend around $3,000 on average. The cost of groceries for a single adult is lesser when compared to other states in the US.
2. Food Cost in Florida
Food is certainly a very essential thing for any human to survive. So, it is important to consider the cost of the food while living in Florida. Here, we will look in more detail regarding the cost of Food in Florida. We will show the cost bifurcation below considering the average for whole state.
Florida Food Comparison
The below table shows the comparison of the Food pricing in Florida per month.
|City||Food Cost (1 person)||Food Cost (4 person)|
How much does it cost for food per month in Florida?
The average cost of food in Florida is around $3000 per month for a single person. However, in some developed cities, the cost can be more.
How much should I budget for food in Florida?
The average budget for the food in Florida will be around $3000 for a single person and a family of 4 people will have to spend $9000. In cities, the average cost of food can be more.
3. Price of Utilities in Florida
When you are moving to Florida, it is necessary to consider the cost of the utilities here. Although the utilities may vary, there are basic requirements for the people. As Florida ranks 2nd in terms of utility in the whole nation, the cost of living in Florida per year is a little high.
Florida utility cost
The below table shows the cost of basic utilities in Florida State on a per monthly basis.
|City||Utilities and Rent Cost|
How much is utilities a month in Florida?
Florida has the second-highest utility cost in US. As per the survey done by move.org, the average household has to pay $450 per month for basic utilities. These basic utilities will include natural gas, electricity, cable TV, water, internet, etc. Whereas, the average utility cost in utility is around $160.
Is electricity expensive in Florida?
Yes. The electricity is a little expensive in Florida compared to other states in the US. The price of electricity in 2021 December is 11.37¢ / kWh. The electricity here is a little expensive because there is a high demand for energy which has decreased the supply and increased the prices.
4. Cost For Healthcare in Florida
Although there are many best places to live in Florida for families, it is also important to consider their healthcare. It will help to provide necessary health facilities whenever in need. We will look in more detail at the healthcare facilities available in Florida state. You can get the facility of public as well as private hospitals in Florida. Medical healthcare insurance is very important here where you get public and private health insurance facilities as well.
Below table shows more detail about the healthcare facility in Florida per month:
|Single Adult Annual Healthcare Costs||$2,792|
|Family of Four Annual Healthcare Costs||$9,249|
How much is health insurance a month for one person in Florida?
Health insurance is very important for a person in Florida. For an individual, the health insurance is about $456 and for a family of four people, the health insurance is about $1152.
Is healthcare affordable in Florida?
Compared to other states, healthcare is affordable in Florida. Here, as an individual person pays around $456, is possible for him to afford healthcare in Florida State.
5. Florida Housing Cost
The housing rates are one of the important things when considering the overall cost of living in a particular region. The housing rates are a little higher in the capital city and other developed regions here. We will look at a detail in the housing costs that can help you to understand more about the cost of living in Florida cities.
Below table shows the cost of housing rent in some of the important cities per month:
|City||1 bedroom apartment||Cheap 1 bedroom apartment||3 bedroom apartment||Cheap 3 bedroom apartment|
What is the average price of a home in Florida?
As per the Zillow research, the rate of the single-family home in Florida is $313,217. This price is more than the national average price in the.
Is Florida has nice cheapest houses?
No. The housing prices in Florida are not cheap. The average housing price in Florida is more than the average price in the whole US nation. You can find the rates cheaper only in some of the cities of the state.
6. Average Rent by Bedroom
If you are moving to Florida and planning to take the room on rent then you must know some information about it. The rent in most of the places in Florida is affordable. Below we give some more detailed information about the average rent.
Florida Housing rent comparison
Below table will show the detailed information of the housing rates as per the city:
|City||1 bedroom apartment||Cheap 1 bedroom apartment||3 bedroom apartment||Cheap 3 bedroom apartment|
Is rent expensive in Florida?
The rent is affordable in many cities of Florida. Any person with an average salary can get 1 bedroom. The rent is expensive in only a few cities in Florida state.
Where is rent cheapest in Florida?
Only a few cities in Florida has high rent cost. Jacksonville has the cheapest average housing rates. Apart from that, the cities like Tampa, Tallahasse, Port St.Lucie also have lower average housing rates.
7. Florida Tax Rates
When you are relocating to any new location then it is important to understand the tax compliance of that place. Here, we will look into detail the taxes in Florida state in detail.
Florida Taxes rate comparison as per city
Is Florida a tax-free state?
Yes. Florida is a tax-free state and the state is made tax-free as per the 1924 amendment. As Florida does not levy any state tax, it can afford it due to relatively higher sales tax.
How much is the federal tax in Florida?
The federal tax rate in Florida is bifurcated as per the income layer.
Below table shows the bifurcation of the taxes as per the income:
|0 to $10,275||10%|
|$14,650 to $55,900||12%|
|$55,900 to $89,050||22%|
|$89,050 to $170,050||24%|
8. Public Transportation in Florida
The transportation network in Florida is very good with major cities well-connected with roads. It is easy to go from one location to another with either private or public transportation. Cuba being near from Florida, many people like to know how far is Cuba from Florida. Cuba is around 90 miles long from Florida State.
Florida Transportation rates comparison:
The below table shows the comparison of the transportation rates from Florida per month.
How much does public transportation cost in Florida?
The public transportation cost in Florida will depend on the type of transportation and type of fare taken. A single ride fare will be around $2, an all-day pass will be $4.5. Apart from that, there are different schemes too in the transportation cost in Florida.
What is the most popular transportation in Florida?
There are different options for transportation in Florida. US highways, Interstate highways, state roads, Amtrak, commuter rail services, airports, etc. are the popular transportation in Florida.
9. Average Cost For Energy & Fuels
The energy & fuel cost affects the living of any individual in a particular place. The cost of energy & fuel in Florida State is average which makes it easier to live with the cost.
Florida energy and fuel comparison:
Below table shows the cost of the energy and fuel comparison among different cities.
|City||Gas/Petrol (1L or 0.26 gal.)|
What are the fuel prices in Florida?
The average price of a gallon of gas in Florida is around $3.402 for regular and $4.063 for premium. Panama city is having cheap fuel prices compared to the other cities in Florida.
Is gas cheaper than electric in Florida?
Yes. The prices of the gas are cheaper in Florida city. This makes it more to gas consumption wherever possible.
10. Miscellaneous Things in Florida
While moving to Florida, you even need to consider the miscellaneous cost there. These miscellaneous costs can vary from one person to another. Below we will look in more detail at the miscellaneous cost. Many people are wondering whether are edibles legal in Florida. The edible use is technically permitted by the Florida state under some conditions. However, it is illegal to use for recreational use.
Florida miscellaneous cost comparison:
The below table shows the miscellaneous cost per month.
|City||Gym Memebership||Doctor Visit||Brand Jeans||Brand Sneakers|
How much things cost in Florida?
The cost of the things will vary as per the type of product purchased. However, compared to the other states, the costs of the different things are found to be affordable.
How much does it cost to live comfortably in Florida?
For living comfortably in Florida state, the salary must be at least $1200 a month. This amount can meet all the important requirements of a person.
Why is Florida so cheap living?
Florida has vast land, the average wages are lower compared to the other states, and the basic requirement cost is also lower. All these are the main factors of cheap living in Florida and other lower costs also affect the cost of living in Florida.
The above information lists the details of the cost of living in Florida State. If you are a student, then the cost of living in Florida for students is much cheaper. The grocery cost, food cost, housing cost, etc. are much cheaper which makes it easier to live in Florida. It is easier to move to different locations in Florida state. The cost of living in Florida cities is affordable for expats. You can even find some of the amazing places in the cities that you can enjoy.