Florida Cost of Living: What It Really Takes to Live There in 2025

When people talk about the Florida cost of living, the total amount of money needed to cover basic expenses like housing, food, transportation, and taxes in the state of Florida. Also known as Florida living expenses, it’s not just about sunny weather and beach access—it’s about whether your paycheck stretches far enough to keep a roof over your head. Unlike states with rent control or high income taxes, Florida has no state income tax, which sounds great—until you realize housing prices have jumped 40% in five years and insurance costs are among the highest in the nation.

The Florida housing prices, the average cost to buy or rent a home across Florida’s cities and counties, influenced by demand, tourism, and climate risk. Also known as Florida real estate rates, it’s the biggest shock for newcomers. In Miami, a two-bedroom apartment can cost over $2,800 a month. In Tampa, it’s close to $2,200. Even smaller cities like Orlando and Jacksonville aren’t much cheaper. And forget about finding a $150,000 starter home—those are gone. Most homes now sell for $350,000 or more, and buyers are often competing with cash investors from out of state. Then there’s homeowners insurance. Because of hurricanes and rising claims, the average annual premium in Florida is over $4,000—more than double the national average.

That brings us to the Florida taxes, the combination of property taxes, sales taxes, and other local fees that residents pay, despite the lack of state income tax. Also known as Florida tax burden, it’s where the state makes up for what it doesn’t take from your paycheck. Property taxes vary by county, but in places like Broward and Palm Beach, they can run 1.5% to 2% of your home’s value. On a $400,000 house, that’s $6,000 to $8,000 a year. Sales tax is 6% statewide, plus local surcharges that can push it to 7.5% or higher. And don’t forget the hidden costs: water bills that spike in summer, higher electricity bills because of AC, and car insurance that’s among the most expensive in the country.

So what salary do you actually need? If you’re single and want to live without stress, you’ll need at least $65,000 a year in most metro areas. For a family of four? Try $95,000 or more. That’s not a luxury—it’s just keeping up. And if you’re thinking of moving here for the weather, remember: the real cost isn’t just money. It’s time spent fighting traffic, dealing with insurance claims after storms, and wondering if your home will still be standing next hurricane season.

Below, you’ll find real data and firsthand insights from people who’ve been there—whether they’re renting in Fort Lauderdale, buying in Orlando, or trying to survive on a teacher’s salary in Pensacola. No fluff. Just what you need to know before you pack your bags.