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Mar 1, 2024 · Wyoming. $1764. 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.
- Port St. Lucie, FL
The average cost of living in Port St. Lucie is $2406, which...
- Delray Beach Population 66.8K Cost of Living 3136
The average cost of living in Delray Beach is $3391, which...
- Daytona Beach, FL
The average cost of living in Daytona Beach is $2128, which...
- Boca Raton, FL
The average cost of living in Boca Raton is $2783, which is...
- Cost of Living in Fort Myers, FL
The average cost of living in Fort Myers is $2883, which is...
- Cost of Living in Wellington, FL
The average cost of living in Wellington is $2706, which is...
- Cost of Living in Boynton Beach, FL
The average cost of living in Boynton Beach is $2831, which...
- Cost of Living in Port Orange, FL
The average cost of living in Port Orange is $2281, which is...
- Tallahassee, FL
The average cost of living in Tallahassee is $1589, which is...
- Palm Bay, FL
The average cost of living in Palm Bay is $1607, which is in...
- Port St. Lucie, FL
Mar 27, 2024 · The federal minimum wage is $7.25 per hour while Florida's state law sets the minimum wage rate at $12 per hour in 2024. Demands for a living wage that is fair to workers have resulted in numerous location-based changes to minimum wage levels. View future changes in the minimum wage in your location by visiting Minimum Wage Values in Florida.
City, StateCompared To National AverageCity, State Jacksonville, FloridaCompared to national average 0.0%City, State Miami, FloridaCompared to national average + 15.4%City, State Tampa, FloridaCompared to national average + 1.3%City, State Saint Petersburg, FloridaCompared to national average + 1.5%People also ask
What is the cost of living in Florida?
Which Florida cities have the lowest cost of living?
Can you afford to live in Florida?
What is a cost of living estimate?
- 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
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 ...
A typical home costs $362,400, which is 7.2% more expensive than the national average of $338,100 and 0.0% less expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Florida costs $1,560 per month, which is 9.1% more than the national average of $1,430 and close to the state average of $1,560.
- What is the cost of living in Florida?Florida gets a BestPlaces Cost of Living index of 103.1, which means the total cost of housing, food, child care, transportation, health care, taxe...
- Is it expensive to live in Florida?Is it expensive to live in Florida?.
- How much money do you need to live comfortably in Florida?To live comfortably in Florida, a minimum annual income of $69,480 for a family, and $51,600 for a single person is recommended.
Oct 27, 2023 · Let’s start with housing costs. In June 2023, the median home price in Florida was $478,500—a little over $30,000 (7%) higher than the national median of $445,000. 3. Unfortunately, rent prices in Florida aren’t so close to the rest of the country. The median monthly rent for a two-bedroom apartment in Florida was more than $1,682 ...
May 19, 2023 · All are notably higher than the national median rent of $1,967. On the buyer side, the median home price in the state as of April 2023 was $410,000, according to Florida Realtors — also notably ...
Compare cost of living in cities in Florida with factors like salaries, housing expenses, groceries, utilities and more.
