What Is The Cost Of Living In Florida In 2022?

Average Cost of Living in Florida: $43,615 per year

What is the current cost of living in Florida?

An amount below 100 means Florida is cheaper than the US average. A cost of living index above 100 means Florida, Florida is more expensive.
Florida cost of living is 102.8.

Has the cost of living gone up in Florida?

The cost of living in Florida is 1% higher than the national average. Housing is 0% than the national average, while utilities are 9% higher. When it comes to basic necessities such as food and clothing, groceries are around 2% lower than in the rest of the country, while clothing costs 2% lower.

How much do you need to live in Florida per month?

Using 2020 data, the Bureau of Economic Analysis found that the average total personal consumption cost in Florida is $43,615 per year. Here’s how that breaks down. That translates to about $3,635 per person, per month.

What is a decent salary in Florida?

How much does an Average make in Florida? As of Aug 3, 2022, the average annual pay for the Average jobs category in Florida is $53,857 a year. Just in case you need a simple salary calculator, that works out to be approximately $25.89 an hour. This is the equivalent of $1,036/week or $4,488/month.

What is the cheapest city in Florida to live in?

The most affordable places to live in Florida are:

• Kissimmee, Fla.
• Palm Coast, Fla.
• Cape Coral, Fla.
• Palm Bay, Fla.
• Orlando, Fla.
• Gainesville, Fla.

How much do you need to make an hour to live in Florida?

The current minimum wage in Florida is $8.56, slightly higher than the federal minimum wage of $7.25. Economists estimate that Floridians need to earn at least $15.60 per hour to enjoy a living wage and comfortable lifestyle. This is an average salary of $32,448 per year.

What is the best city to live in Florida?

Here are the 14 Best Places to Live in Florida:

• Daytona Beach.
• Port St. Lucie.
• Ocala.
• Fort Myers.
• Tallahassee.
• Lakeland.
• Orlando.
• Miami.

What qualifies as low income in Florida?

As of 2022, the federal poverty line, which applies to Florida, is ​$13,590​ for one person. That number increases by $4,720 for each additional family member, making ​$27,750​ the 2022 federal poverty line for a family of four, according to HealthCare.gov.

What is considered middle class in Florida?

In Florida, households must earn a minimum of $26,023 per year to be considered middle class, with the upper earnings boundary set at $117,719, according to a new 24/7 Wall St. analysis. The total share of household income in Florida controlled by middle-class earners is 44.8%, 24/7 Wall St. reports.

Is it smart to move to Florida?

Living in Florida won’t break the bank
Goods and services, healthcare, and housing in Florida all fall below the national average. If you want to move to a Florida city with a low cost of living, consider Jacksonville, which falls 9 percent below the national average.

What is the average weekly wage in Florida?

Can I afford to live in Florida?

Despite being one of the most popular vacation and retirement destinations in the U.S., Florida can be affordable. In fact, the average cost of living in Florida is not even 1% higher than the national average, according to a Cost of Living Index.

Where is the nicest but cheapest place to live in Florida?

5 Most Affordable Places to Live in Florida
Homosassa Springs, Florida: 15% lower than the national average for cost of living. Palm Bay, Florida: 11% lower than the national average for cost of living. Jacksonville, Florida: 7% lower than the national average for cost of living.

Where should I not live in Florida?

Keep reading for a rundown of the top 20 worst places to live in Florida.

1. Florida City. Lying just south of Homestead, Florida City is not the kind of place you want to live without a high-quality security system.
2. Lake City.
3. Lake Park.
4. Opa Locka.
5. Miami Beach.
6. Daytona Beach.
7. Leesburg.
8. Cocoa.

What part of Florida has the cheapest rent?

Titusville has the cheapest average apartment rental rate in the entire state of Florida, at $876, while Coral Gables had the highest, at $2,628, according to a new RentCafe report using data from Yardi Matrix.

How much should I save to move to Florida?

Cost of a Long-Distance Move w/ FL Destination – ~$1,920-$4,632. The average cost of a cross-country move to Florida is roughly between $1,920-$4,632 according to PODS. (This is actually an estimate using various starting locations in New York to various ending destinations in Florida.)

What is the number one job in Florida?

According to the Bureau of Labor Statistics, office and admin workers have the highest employment (almost 1.3 million) in the state, followed by sales, food preparers and servers, transportation and material movers, and health care practitioners—and nine of the top 10 highest-paying jobs in Florida are found within

What is the safest city to live in Florida?

Satellite Beach
1. Satellite Beach. Kicking off the list as the number one city in Florida with the lowest crime rate is Satellite Beach.

What part of Florida is least likely to be hit by a hurricane?

If you want to stay as safe as possible from hurricanes but still want to reap the benefits of being a Florida citizen, inland Florida near the northern border of Georgia is the best place to live. It is the least hurricane-prone area in Florida.

What part of Florida should I move to?

1. Naples. Nestled in the southwest corner of Florida, along the Gulf of Mexico, Naples holds the top spot for places to live in Florida. Naples is known for its paradise weather, gentle waters and “sugar” sand beaches.