Cost of Living in Florida
Based on 2 cities we track in Florida.
Cost of living in Florida is shaped mostly by rent across the 2 cities we track there. A one-bedroom apartment runs around $1,235 a month — about the same as the $1,191 median across the 28 states we track.
Median household income across those cities is $69,142, about the same as the $71,716 median across the states we track. Florida has no state income tax and a 6% state sales tax.
State Medians
Median 1BR Rent
$1,235
Median Home Value
$320,700
Median Income
$69,142
Avg Temperature
71.8°F
Medians across the Florida cities we track — not a statewide population-weighted figure.
State Taxes
State Sales Tax
6%
State Income Tax (top rate)
None
Cities in Florida
Compare Florida with
Florida cost of living — FAQ
- Is Florida expensive to live in?
- Florida is on the pricier side of the 28 states we track. Its median one-bedroom rent of $1,235 ranks #13 of 28 and is about the same as the $1,191 median.
- What is the average rent in Florida?
- Across the 2 cities we track in Florida, average rent runs a studio around $1,185, a one-bedroom around $1,235, a two-bedroom around $1,529, a three-bedroom around $1,637 per month (US Census ACS).
- What is the median home price in Florida?
- The median home value across the cities we track in Florida is $320,700 — about the same as the $317,950 median across the states we track.
- Does Florida have a state income tax?
- No — Florida has no broad-based state income tax on wages. Its state sales tax rate is 6%; local jurisdictions may add more.
- How much do you need to earn to live in Florida?
- To keep a one-bedroom rent of $1,235 near the recommended 30% of gross income, you'd want to earn roughly $49,000 a year. Median household income across the cities we track in Florida is $69,142.
Sources: US Census Bureau, ACS 5-Year; NOAA Climate Normals 1981–2010; Tax Foundation 2026 (state taxes).