Thinking about moving to Florida? With its strong economy and lively cities, Florida attracts many people. However, its cost of living is a bit higher than the national average.
In 2025, the cost of living index in Florida is about 102 to 102.8. This means it is roughly 2% above the U.S. average. Let’s break down the main living expenses in Florida, from housing to utilities and more.
TL;DR: Average Cost of Living in Florida 2025
- Cost of Living Index: 102-102.8 (2% above U.S. average)
- Median Home Price: $409,000 (slight 0.55% decrease YoY)
- Rental Market Range: $1,400-$4,500 depending on metro area
- Average Monthly Expenses: About $5,249 for a middle-class lifestyle
- Required Annual Salary: Approximately $63,000-$65,000
- Utilities Cost: $157 monthly electric bill (above national average)
- Grocery Costs: 2-3% above national average
- Healthcare Costs: 3-5% above national average
What is the Average Cost of Living in Florida in 2025?
The cost of living in Florida is about $63,000 to $65,000 per year. A middle-class family spends around $5,249 a month. Costs change depending on the city.
Key monthly expenses include:
- Housing and rent: The biggest expense. In Miami and Southeast Florida, rent for a single-family home is $4,200–$4,500. In Tampa, Orlando, and Jacksonville, it’s cheaper at $1,400–$2,300.
- Groceries: About 2–3% higher than the national average, especially in busy cities.
- Utilities: Around $157 per month, mostly because of heavy air conditioning.
- Healthcare: 3–5% above the national average, with costs influenced by Florida’s older population.
Overall, the cost of living in Florida depends on location, lifestyle, and family needs.
Housing and Rental Market in Florida
Florida’s housing market plays a major role in the state’s overall cost of living. Rent and home prices vary widely across regions.
In 2025, Florida’s median home price is about $409,000, down slightly by 0.55% from last year. Rental prices range greatly:
- Miami and Southeast Florida have the highest rents.
- Tampa, Orlando, and Jacksonville offer more affordable rents.
Here is how Florida compares with neighboring states for home prices:
- Georgia’s median home price is about 15% lower at $350,000.
- Alabama homes cost nearly half as much, around $214,000.
- South Carolina homes range from $300,000 to $330,000, 20-27% cheaper.
- Tennessee’s median home price is roughly 30% less at $290,000.
Miami, Tampa, Orlando, and Jacksonville have very different markets. Miami’s rental prices are high, while Tampa and Jacksonville offer more affordability for families and workers. This gives people room to choose based on budget and lifestyle.
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Utilities and Other Living Expenses in Florida
Utility bills in Florida are higher than average. Most of this is due to air conditioning, which costs a lot in the hot climate. The average electric bill is $157 per month.
Compared to nearby states:
- Georgia’s utilities cost about 5% less than the national average, which is cheaper than Florida’s.
- Alabama’s utilities are close to the national average, slightly less than Florida’s.
- South Carolina’s utilities run about 10% higher than the national average, similar to Florida’s.
- Tennessee’s utilities are about 10% below average, cheaper than Florida’s.
Other expenses include groceries, transportation, and healthcare. Florida’s grocery prices are slightly above average at 2-3%. Transportation costs are high due to urban sprawl and tourist activity. Healthcare is 3-5% above average, mainly because Florida has a large elderly population.
Compared to peer states:
- Georgia groceries cost about 2% less.
- Alabama groceries are roughly 6% cheaper—the most affordable among these states.
- South Carolina groceries are near the national average.
- Tennessee groceries are 3-4% lower.
- Transportation costs in Georgia are 4% below average, and Alabama’s are 14% lower.
- South Carolina and Tennessee transportation costs are 7% and 10% below average, respectively.
Income and Job Market Overview
To enjoy a middle-class lifestyle in Florida, an annual income of $63,000 to $65,000 is needed. This is about 5% higher than what you’d need in Georgia. It is also much higher than in more affordable states like Alabama.
Is Florida Worth It?
Despite the slightly higher cost, Florida offers many benefits. It has no state income tax, a warm climate throughout the year, and a strong economy. These factors attract people who value quality of life more than just low prices.
Key Regional Insights for Living Expenses in Florida
Major metro areas like Miami, Tampa, Orlando, and Jacksonville have different housing and job markets. Miami can be expensive, but Tampa and Jacksonville provide more affordable options. This variety helps newcomers find a place that fits their budget and needs.
Final Thoughts on the Cost of Living in Florida
Florida’s cost of living in 2025 is modestly above the national average. Housing and utilities mostly drive this. Compared to nearby southern states, Florida is more expensive. However, the benefits of the climate, economy, and no income tax make it a worthwhile choice for many.
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FAQs
What is the average rent in Florida?
The average rent in Florida ranges from $1,400 to $4,500 per month, with Miami being the most expensive market.
How do Florida home prices compare to nearby states?
Florida homes are more expensive, with median prices about 15-50% higher than neighboring states like Georgia and Alabama.
What salary do I need to live comfortably in Florida?
You’ll need an annual salary of about $63,000 to $65,000 to live comfortably in Florida and maintain a middle-class lifestyle.
