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  2. Mar 1, 2024 · The cost of living in Florida is $2502, which is 1.14 times more expensive than the average in the United States. Florida ranked 10th most expensive and 16th best state to live in the United States. The average salary after taxes in Florida is $4396, which is enough to cover living expenses for 1.8 months. Discover best cities to live in Florida.

    • Average Cost of Living in Florida: $50,689 Per Year
    • Housing Costs in Florida
    • Utility Costs in Florida
    • Groceries & Food
    • Transportation
    • Health Care
    • Child Care
    • Taxes
    • Miscellaneous Costs
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    If you dream of days spent on sandy Florida beaches, your wallet is in luck. Florida residents enjoy the 32nd-lowest cost of living in the United States, per MERIC data gathered in 2022. While 32nd place may not seem like much to brag about, when you compare what it would cost you to enjoy California’s beaches as a resident, your monthly budgetis g...

    Average Housing Costs in Florida: $1,137 to $1,981 per month No matter where you live, one of your largest ongoing expenses will be paying for housing. Florida has nearly 10 million housing units, according to the 2021 census, so there’s an array of housing options throughout the state. How much do those housing options cost? Zillow listed the typi...

    Average Utility Costs in Florida: $411 per month Utility costs can vary a lot, depending on your state, whether you rely on natural gas, the size and age of your home, and age of appliances. Here’s what you can expect to spend in Florida. Sources: U.S. Energy Information Administration, Electric Sales, Revenue, and Average Price, 2021; Inspireclean...

    Average Grocery & Food Costs in Florida: $323.83 per person, per month One ongoing expense is groceries and eating out. Where you live can affect how much you’ll spend on food. The Bureau of Economic Analysis estimates that the average Floridian’s annual non-restaurant food cost is $3,886, so that’s about $324 per month. A family of four can expect...

    Average Transportation Costs in Florida: $5,477 to $15,530 per year No matter where you live in the country, transportation costs can add up. Throw kids into the mix, and costs rise. Here’s what transportation can cost in Florida, according to MIT’s Living Wage Calculator for the first quarter of 2023.

    Average Health Care Costs in Florida: $7,676 per person, per year The average annual per-capita cost of health care in Florida is $7,676, the 2021 Bureau of Economic Analysis Personal Consumption Expenditures by State report found. It’s worth noting that how much you spend on health care will depend on your unique medical needs and health insurance...

    Average Child Care Costs in Florida: $702 to $1,364 or more per child, per month Many parents know the struggle of budgeting for child care. Where you live and the type of care you choose can have an effect on how much you spend. In Florida if you need care for an infant, you’ll find that home-based family child care is much less expensive than an ...

    Highest Marginal Tax Rate in Florida: None Ready for some good news? Florida residents aren’t charged any state income tax, as noted by the Tax Foundation’s State Individual Income Tax Rates and Brackets for 2023 . If you like the idea of getting away from state income taxes, then you’ll appreciate that the following states also don’t charge state ...

    Now that you have a general idea of what the essentials will cost you, let’s chat about some of the non-essentials that make life fun. If personal expenditures average $28,562 per person, per year in Florida, this is where Floridians may be spending some of that money (costs are accurate as of March 2023): • Walt Disney World annual passesstart at ...

    Find out how much it costs to live in Florida, from housing and utilities to groceries and transportation. Compare Florida's average cost of living with other states and cities, and see how it affects your budget.

  3. Apr 24, 2024 · Compare the cost of living in Florida with other US cities using the Consumer Price Index and salary differentials. See the cost of living index, minimum wage, and salary trends for major cities in Florida.

    City, State
    Compared To National Average
    City, State Jacksonville, Florida
    Compared to national average 0.0%
    City, State Miami, Florida
    Compared to national average + 15.4%
    City, State Tampa, Florida
    Compared to national average + 1.3%
    City, State Saint Petersburg, Florida
    Compared to national average + 1.5%
  4. May 19, 2023 · Floridas overall cost of living is just about equal to the national average, according to data from RentCafe, but its most famous draw, Miami, is notoriously expensive when compared to other...

  5. Florida gets a BestPlaces Cost of Living score of 103.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 3.1% higher than the U.S. average and 0.0% lower than the average for Florida.

  6. Sep 2, 2023 · The average annual premium in the state is $2,219, or $185 per month. Public transportation options in Florida aren’t amazing, as the Sunshine State is a driving state. A monthly pass for public transit in Miami-Dade County will cost you $145, or $72.50 if you qualify for a discounted fare.

  7. Feb 27, 2024 · The average cost of living in Florida is $1,904.61 per month. Florida is the home of Disneyland World, Universal Studios, Kennedy Space Center, and some of the country’s most beautiful beaches.

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