Population: 9,771 Cost of Living Index: 92 Average Home Price: $192,000 (27% below Florida average) Average Rent Price: $999 per month Crime Rate per 1,000 Residents: 19.8 (22% below Florida average) Unemployment Rate: 3.4% 10 Year Job Growth Outlook: +43% Location: See in Google Maps. Depending on the source, it's between $173.000 and $180,000, compared to the national average of just over $231,000. While almost everyone loves living in Florida the first few months or years, a very high percentage of people eventually find Florida was a big enough mistake to go through the huge expense and hassle of another long distance move, just to get out. Related Post: 10 Fastest-Growing Cities in Florida. So, we made sure to only accept cheap places to live in Florida that had a strong sense of community and actually offer things to do, like access to the beach, parks, good restaurants, and shopping areas. Thank you in advance for your support! Cheapest States to Live In for 2022 | Credit Karma Both have lots of job opportunities. 10 Most Affordable Places to Live in Florida | Cheapest Cities You dont need to pay any income tax, estate tax, inheritance tax if you live in Cape Coral which is also good news for retirees who are on a fixed income. 12019. Of course, there are also many shopping areas for a city of this size. You dont have to pay any state income tax and the healthcare system and job opportunities are also good. Orlando is also known as the Theme Park Capital of the World. How Affordable is the Cost of Living in Jacksonville, FL? A single adult expense in Vero Beach is around $33,640 annually. Some beneficiaries may pay higher premiums for their Part B coverage, based on their income. If youre looking for affordable, small-town feel, Edgewater could be the best option for you. You can expect to live here for less than $2000 per month. Depending on where you live, property taxes can be a small inconvenience or a major burden. Weve jotted down the best places to live in Northern Florida for you only. Paul Hennessy/NurPhoto via Getty Images. Looking for the cheapest housing in Florida? Im looking to retire in next few months in Florida and I love how u put the actual cost to live decent in certain areas. Thank you for this list and all the helpful comments. . Is it cooler near a beach? In 2016, Florida was awarded as the fourth fastest-growing state in the United State of America. Minnesota, Maryland, Illinois, . With a population of about 10000 people, Fort Meade is a part of the Lakeland-Winter Haven Metropolitan area. READ ALSO: 10 Best Anti-Theft Travel Backpacks: Buying Guide. Which state has more recreational opportunities, places to dine, shop, be entertained, per capita? Illinois. The elevated health insurance rates are in part because Florida's employers generallydon't cover as much of the healthcare costs as those in other states do. Is It Cheaper To Live In Florida Or Illinois? - CLJ If you are looking for the lowest home prices in a safe community in Florida, then check out Arcadia. The states with the highest average car insurance include California, Florida, and Louisiana. Additionally, while the city does a great job of retaining a small town feel, it still offers many modern conveniences, as there is a Walmart, Publix, and Winn-Dixie located all less than a 10 minute drive from downtown. Also, the city draws visitors as it holds a strong position in the entertainment industry. If you cook yourself, you can save a lot of money. So, whether you just want to sit back and relax or you want to have a beach, Read More 11 Best Beaches In North Florida In 2023: A Descriptive ListContinue, Orlando and Tampa are likely to pop up in your mind once you plan a trip to Florida. But, what about the attractions in the city itself? There are plenty of job opportunities in and around the Orlando metro area. 1) Which state has a lower overall cost of living, Illinois or Florida? The Average Cost of Medicare by State | 2022 Medicare Costs Population: 5,207 Cost of Living Index: 93 Average Home Price: $212,000 (20% below Florida average) Average Rent Price: $895 per month Crime Rate per 1,000 Residents: 20.8 (18% below Florida average) Unemployment Rate: 4.5% 10 Year Job Growth Outlook: +42% Location: See in Google Maps. Michigan has the highest average rates for minimum coverage of any state at $196 per month, while South Dakota has the lowest, at $28 per month. If you decide to make Monmouth your permanent home, the median price of a home here is very reasonable at $79,200, especially considering that the average household here earns $50,740 annually. I found places that rated Florida #3 which I found surprising. Lower Employment Winner? I want somewhere affordable but still close to the city. For crime data, we referenced the latest FBI crime reportand cross-analyzed it with AreaVibes crime review. 2. A: You can move to Homestead in southern Florida where the cost of living is affordable, but the option is limited. 20 Warmest Places to Live With A Low Cost of Living In The U.S. - Money Inc Cape Coral is the place. In the center of town, you can find a Publix at the Lynn Haven Shopping Center, which is also across from a Walmart. Florida is the least affordable place to live in the U.S. By clicking Sign up, you agree to receive marketing emails from Insider Americans are moving to Floridafor better weather and lower taxes. In terms of cost of living, according to the Council for Community and Economic Research (C2ER), Dade City is ranked 108 out of 273 cities across the USA which is 96.6% of the national average. Florida by a large gap. Explore 18 acres of landscape discovering unique trees and waterfalls at McKee Botanical Garden. Illinois: According to the Latest Gallup Sharecare well-being Index, residents answered more negatively in Illinois about their community and life, than all others states but one and it wasnt Florida. Due to the citys close proximity toTampa and Orlando, you can go for a weekend trip to the famous theme parks and can have the best of these places. This put education in the state above the national average. Illinois is a great place to grow up and raise kids and the summers are great, but Florida has more things to do and the winter time is a paradise. Combined with the fact that it also has the 2nd lowest crime rate on our list, Fellsmere is a strong choice for providing a very cheap and safe community. Once you select a new doctor and school system, transfer all information. Is bound by endless canals What Is the Cheapest Type of House to Build in 2023? 22: Texas. 20 years ago Google.com was just registered and no one used it, and no one ever heard the term global warming yet. Watch CBS News MoneyWatch Florida is the least affordable place to live in the U.S. By Irina Ivanova May 2, 2022 / 11:52 AM / MoneyWatch Sally Starkey thought moving from Chicago to Florida. From there come to cherish time at Golden Sands Beach, Jaycee Park, or Wabasso Beach Park to enjoy the salty air. Cities like Chapel Hill, Charlotte and Greensboro made the list. I would start by read this shocking article from US News before doing any school rating research. When it comes to used car sales, Florida tends to has the cheapest prices. Michigan drivers pay nearly seven times more than South Dakota drivers. As per 2022 records of C2ER, the cost of living is around 94.7% of the national average making it an average of US cities, ranking 130 out of 273 cities in the USA. The 8 Cheapest Places To Live In Florida That Are Still Great 15 Cheap States to Move to: The Lowest Cost of Living States in the US Better State Illinois or Florida? - Moving to Florida Where would you suggest for the safest beach areas that a 2 bedroom water-front home (no condo) could be purchased for $250,000? Hi Luann, if you are looking for a cheap and pet-friendly place to live in Florida, I will highly recommend Jacksonville. recommendations for the best neighborhoods in the area, The 16 Best Places to Live in Florida for 2022, Here are the 12 Cheapest Beach Towns in California, California vs Florida - Our Full Comparison, 8 Fastest Growing Small Towns in Texas in 2023 Charming & Desirable, Is Sedona a Good Place to Live? Cost of Living in the U.S. vs. the U.K.: What's the Difference? Lol. . It has not been verified or approved by the developer or association. If you are planning to move to Florida, try to avoid Opa Locka and Cocoa cities where the crime rate and poverty rate are very high. Healthcare expense in Dade City are 5% lower than the national average. Moving from Utah have 3 dogs and will be needing work as I am setting out on a new adventure. How to Watch MVC Second Semifinal, Southern Illinois vs. Drake, in Men's College Basketball Today: Game Date: Feb. 4, 2023 Game Time: 6 p.m. The biggest attraction is the beach life, as the coastline in New Smyrna Beach is just 10 minutes away from the center of town. What is the best state to retire in 2020? The idyllic temperature and stunning white sand beaches made it a popular romantic getaway in Florida. Is it cheaper to live in Florida or Illinois? - Clambaronline.com Finally, we took a weighted average of each of the below category to create our final score and ranking: Please note that some links below are affiliate links, which means that we receive a small commission if you make a purchase through our links, but at no extra cost to you. At 70 years of age, youre more likely to walk or bike for exercise, than ski or mountain climb (there are no mountains in FL). Neither states rating is in the top 25 states but Illinois is ranked slightly higher. Most and Least Expensive States to Build a Home 6) Which state has better overall school ratings Illinois or Florida. Vero Beach is considered 28% safer than other US cities. However being expensive or not, is relative. On average, the median income of an individual is $24,436. a. 8) Things has more things to do Illinois Versus Florida. Read More. For more adventure enjoy camping in New Smyrna Beach RV Park and Campground which is just 4 miles away from Edgewater and one of the best campgrounds in Florida. drivers in no-fault states such as Michigan and Florida often pay more for insurance than do drivers in other areas of the country. unemployment and better growth, according to US News annual report. 5. From July 2021 to July 2022, Florida's population grew to over 22 million people, according to new Census Bureau data. States with Lowest Taxes 2023 - worldpopulationreview.com Cheapest State to Buy a Car | A Guide to Out of State Car Buying Therefore, Lake Wales is one of the most affordable places to live in Florida, that also provides a safe community. It is very quiet and has good schools that offer IB programs. Illinois taxes individual income at a rate of 4.95% and business income at 7%. Offering all the necessary amenities for a low cost of living this city doesnt break the bank with its affordable median home price. You're probably surprised to see the most significant metropolitan city in Florida on the list of the cheapest places to live in the state, but Jacksonville is pretty reasonably priced. Your income and spending is very low. Are you looking for a place with a high quality of life as well as an affordable cost of living in Florida? Jacksonville offers 850 square miles of stunning beaches, award-winning restaurants, and unique, cultural communities making it one of the best places to live in Florida on a budget. Overall, residents of South Daytona get all the benefits of a larger city, but in a more relaxed atmosphere that is also at a lower total cost, making it a top choice as one of themost affordable cities in Florida that give you thebest bangs for your buck. 1 spot for the cheapest places to build a home. Population: 23,400 Cost of Living Index: 85 Average Home Price: $204,000 (23% below Florida average) Average Rent Price: $804 per month Crime Rate per 1,000 Residents: 20.9 (17% below Florida average) Unemployment Rate: 4.1% 10 Year Job Growth Outlook: +44% Location: See in Google Maps. Used vehicles in Florida can be nearly 10% cheaper than the national average because of an aging population that's giving up their cars each year, whether due to death or just impaired eyesight or driving abilities. Quincy is the city where most of the residents own their house. Here you will find 16 acres of land at the museum Pioneer Florida Museum examining and illustrating the state history in the liveliest manner. With average home prices, this is a cheap place in Florida to live in. Cost of Living in the U.S. - Investopedia Along West Baker Street, go to Parkesdale Farm Market. Enjoy a happy life in the Sunshine State. In fact, job growth in Edgewater is expected to increase by 43%, which is above the national average of 33%. If you're looking for the lowest initial cost, no state can beat Florida. How to Establish Residency in Florida for Tax Purposes | Kiplinger Overall Score 6.0 Quality of Life 6.5 With 400 miles of canals, the city is also known as Waterfront Wonderland. Congratulations, you moved to Florida so now you dont have to shovel snow, but now you have to cut grass twice a week all year long. Edgewater has one of the lowest cost of living in Florida, as well as a strong school system. On the other hand, the average annual cost of childcare for two children is around $11,499, again less than the national average. Kentucky. The downtown Dunedin area may be expensive but the outskirts of Dunedin is one of the cheapest areas to live in Florida. You can visit Honeymoon Island State Park Dog Beach, a popular dog beach in Florida. As per 247wallst.com, the median home value in Plant City is around $154,300, less than the national average. # 10 in Best Places to Live in Florida. While Florida might not be the single most affordable state in the country, contrary to the Joblist study's claim, it's likely not the least affordable either. Even you can get a good deal to buy a house. Port Orange. Cost of living in Illinois (US) compared to Florida (US) - MyLifeElsewhere 25 Cheapest Places to Live; . New industries, large businesses, and great, Read More 10 Fastest Growing Cities in Florida in 2023Continue, Are you looking for the best places to live in Northern Florida? Fort Meade offers several outdoor recreation activities like canoeing and kayaking. There is quite some demand to enter this small community, so start looking now if you want to move here eventually. On your budget, you can leave peacefully in Gainesville. Above all, the violent crime rate is very low compared to other major cities in Florida. www.wikipedia.org. Hi moving from Las Vegas to Florida, is Sarasota safe? The 6 Most Affordable Cities in Florida - Livability Home United States Is it cheaper to live in Florida or Wisconsin? 2 spot with 10 cities out of 100 cheapest rents in the nation. You can go to Blanton Park, Chain of Lakes, and Pritchard House. Many states enjoy better weather than these two, but if youve limited yourself to just Illinois or Florida, Florida wins this. This is another worst reason not to live in Florida if you are aware of the sinkhole. Flickr/Linda Holloway. If the move doesnt work out, which happens more than what most people realize, you may need/want to move again. Seriously, move here before everyone else does. While race car drivers may not benefit from low-cost car insurance, the typical Indiana driver enjoys the tenth-lowest car insurance rate in the U.S. Florida is not Cheap Get Cautious about Tornadoes and Hurricanes: . More stuff to do winner? Lower Cost of living Winner? Of course, there is a great normal life here, too. Explore the downtown area, and go to museums and boutiques. The average cost of living in the U.K. is 12.21% less than in the U.S., but that number doesn't tell the whole story. The best thing is that the average registered nurse salary in Cape Coral is pretty high. Titusville is a small town in Brevard with good breweries, quaint shops, pizza places and hanging out places. If you do get a chance to rent or buy a place, then you will enjoy a quiet and cozy city situated right on a group of lakes. Population: 12,734 Cost of Living Index: 88 Average Home Price: $169,500 (36% below Florida average) Average Rent Price: $833 per month Crime Rate per 1,000 Residents: 18.3 (27% below Florida average) Unemployment Rate: 3.7% 10 Year Job Growth Outlook: +43% Location: See in Google Maps. Florida's climate means that it can be victim to some crazy tropical storms. Meanwhile, its future is also bright, with job growth expected to increase by 44%, outpacing the national average by 10%. Americans are moving to Florida for better weather and lower taxes. Florida's low initial vehicle costs are. If you are looking for a charming and relaxing lifestyle at an affordable price, you can settle in Dunedin which is located on the northwest coast of Florida. When you look at the full picture, however, it's unclearif moving to Florida will prove to be a smart financial decision in the years to come. Expect to pay around $2000-2500 per month to live a comfortable life. Your expense for a doctors visit ranges from $100.00 $112.37. Ill take this info, do other comparable searches including crime rates, COL, average age etc and hope for the best! Per the Census Bureau, the median household income in Florida was roughly $62,000 in 2021, below the median US household income of roughly $71,000. The economy of Bartow is thriving and constantly growing. This small town in Pasco County is home to 6,966 people. Then youve just come to the right place. Its median home value, however, remains in the middle of the pack compared to the rest of the country. Florida is less expensive to live in, than other states. Single adults average health care is around $4,021, which is less than nationwide. 10 Best and Worst States for Health Insurance Costs - HuffPost The town overlooks 4,500 acres of Lake Dora sitting on a 184-foot plateau with a beautiful green canopy of live oak trees making it so unique from others. Housing expenses are 33% lower whereas food and grocery prices are 7% higher than the national average. My sister is moving out of Florida for work and when she gives up her lease ($1550 for a 3 bedroom house with a ton of issues that dont get address, and she moved in as first occupant) the next tenant will be charged $2300 a month rent. Groceries can be slightly pricier, but overall you will see a significant reduction in cost while living in Gainesville. Meanwhile, the city offers many amenities, such as numerous golf courses, a shopping center with a farmers market, a Winn-Dixie, and even a Red Lobster and Chilis. Jacksonville is not only one of the largest cities in the United States, with an estimated population of 911,507 it is the most populous city in Florida. Let's take a look at some of the cons of living in Florida. The cost of living index in Mount Dora is 100.4 based on a US average of 100. For a 1-2 bedroom. It is affordable and has a very good healthcare system. We know that money is not the only factor to consider when deciding on where to live, so we created a unique scoring formula that takes into account all of these variables: Above all, you also have to want to live in a city. The total cost of car ownership, which includes gas prices and repair costs, is slightly above the national average. The median home price in Dunedin is $157,000 which is 5.8% lower than the state average. According to the records in 2018, Florida is home to more than 21.3 million people. If you buy into the hotter the better, move to a desert where daytime temps are from 120-140 degrees daily and enjoy yourself. Pensacola. Its considered one of the best places to live in Florida on a budget. Which state is the cheapest to live in? It has the 14th-highest average cost to build a home. The city is situated between 3 major lakes and there are parks all around the water. The city interests seniors as it is considered the cheapest city to live in Florida with no burden of income tax. All of these facts make Tavares our top choice as the cheapest place to live in Florida that you would actually want to live in. This post may contain, Read More 13 Most Insane Abandoned Places In Florida You Have To SeeContinue, The Sunshine State, Florida is famous for its beautiful, pristine beaches. The cost of living in this sunshine state city is 2% lower than the national average. Where is the best area for lower cost housing? But, they are usually so cheap for a reason high crime, no job opportunities, etc. Are there any mobil home parks that may help me lower costs? Meanwhile, Pensacola Beach is only about 40 minutes away. Housing costs are also reasonable, but only if you can find a house that is available. In Titusville, you have to pay $910 a month as rent which is less than the $1,023 national median monthly rent. 100 = National Average (Below 100 means cheaper than the US average. To determine the most affordable places to live in Florida that are also safe and desirable, we compiled data from multiple sources to ensure that you get the most objective recommendations. where to apply for senior low cost housing or section 8 housing? Overall Score 6.0 Overall Score. You can go for a road trip to Walt Disney World, the Everglades, and the Keys at the weekend. One episode of snow shoveling cancels out a hurricane. Hacienda Village in Winter Springs is another great option. The cost of construction labor is cheaper in Arizona than in a majority of states. The winter in the Midwest was so cold and depressing and everything dies. At 48 years young or do you suggest different areas. Location-wise, it is only a 10 minute drive away from Panama City and only 20 minutes from Panama City Beach. Specifically, the state is known for these good things and not so good things too: No state income taxes. Lets find out! Especially Homosassa Springs and Hernando are quiet towns full of nature and wildlife. Although, Im trying to write about other cities, but as of now you can search the cost of living in x city on Google. . Not only is Texas 8% cheaper than Florida overall, but housing, utilities and groceries all cost significantly less in the Lone Star State. Residents rave about the strong sense of community that has developed in Lynn Haven, which was especially felt after Hurricane Michael in 2018. Thank you Melissa for your appreciation. Only the utility cost is higher than the national average. There are four states with property tax rates above 2.00%: New Jersey, Illinois, New Hampshire, and Connecticut. This post may contain affiliate links. Median monthly rent: $1,059 It is a great place for families, as there is an excellent public school system, as well as for people who enjoy the outdoors. Required fields are marked *.