[sinatras]

Very interesting read

https://www.businessinsider.com/movi...uPjg6aSyXA6bB4

[lair8]

Definitely. 10 years when Florida was less expensive, you saved a considerable amount of money moving from NY/NJ/MA to FL. But since then, many people moved to FL, driving up the cost of living.

It depends on which tax bracket you're in. If your income is on the lower side, the price of rent/food/auto is more consequential. If your income is on the higher side, taxes are more consequential.

[FL_Expert]

Originally Posted by lair8

Definitely. 10 years when Florida was less expensive, you saved a considerable amount of money moving from NY/NJ/MA to FL.

But since then, many people moved to FL, driving up the cost of living, and now, on average, you save little if any money by moving.

It may also depend on what tax bracket you're in. If your income is average or on the lower side, the price of rent/food/auto is more consequential. If you have higher income, taxes are more consequential.

Yep, it all comes down to how much income you have.

[NearFantastica]

Florida does not have a high COL, those who think Florida is expensive should go to New York, California, Hawaii, Illinois, or Massachusetts to experience what living in a high COL state is really like. Florida is rather average in terms of COL, not cheap but not expensive either, it's just that for the first time in history it's seeing an increase in COL and people are freaking out about it. If I were a native Floridian I would indeed hype up how "unaffordable" Florida is to keep the population down though. As a Californian we didn't have the "don't move here" attitude, we were very welcoming so millions moved in and now our state is very expensive.

[sinatras]

Originally Posted by NearFantastica

Florida does not have a high COL, those who think Florida is expensive should go to New York, California, Hawaii, Illinois, or Massachusetts to experience what living in a high COL state is really like. Florida is rather average in terms of COL, not cheap but not expensive either, it's just that for the first time in history it's seeing an increase in COL and people are freaking out about it. If I were a native Floridian I would indeed hype up how "unaffordable" Florida is to keep the population down though. As a Californian we didn't have the "don't move here" attitude, we were very welcoming so millions moved in and now our state is very expensive.

As a native Floridian and someone who travels constantly for work there is no conspiracy. I’m just sick of seeing grocery prices a lot higher in Florida than anywhere else I travel to. Try shopping for a weeks worth of groceries at Publix and get back to me. You will greatly miss the prices at Vons.

Also. Please let me know how much your home insurance was in California? 12k a year like Florida?

[Corrie22]

"Among the most expensive states to live in, "Florida's not even in the top 10,"

"Florida is above the national average, but it's not even close to the most expensive place to live,"

"These comments were consistent with a 2022 CNBC analysis, which said Florida was the 27th best state in terms of cost of living."

"The state's overall tax burden, however, remains among the lowest in the nation"

[Corrie22]

Originally Posted by sinatras

Try shopping for a weeks worth of groceries at Publix

our WinnDixie is a lot cheaper than Publix...a whole lot

[beach43ofus]

https://www.allsides.com/news-source/insider-media-bias

Media biased alert...Business Insider is a left-leaning NYC-based publication (German owned).

They currently have 2 articles on their home page knocking FLA....why? Why no other states?

NYC & NY state are losing Billions in taxable income each year to Florida, as Thousands leave NY for FL

https://www.lemonde.fr/en/opinion/ar...986913_23.html

Just trying to make others aware that sometimes, there are motives behind articles being published.

[kyle19125]

Originally Posted by NearFantastica

Florida does not have a high COL, those who think Florida is expensive should go to New York, California, Hawaii, Illinois, or Massachusetts to experience what living in a high COL state is really like. Florida is rather average in terms of COL, not cheap but not expensive either, it's just that for the first time in history it's seeing an increase in COL and people are freaking out about it. If I were a native Floridian I would indeed hype up how "unaffordable" Florida is to keep the population down though. As a Californian we didn't have the "don't move here" attitude, we were very welcoming so millions moved in and now our state is very expensive.

It's not about the cost of living entirely. It's also about average salaries, which in ratio to the cost of living determines affordability (or not). If factoring rent in particular the major FL cities are as unaffordable as NYC and SF due to sub-par salaries. Example: The typical RN salary in San Francisco is just a shade below $50 per hour ($49.41 per hour), in Orlando it's $26.51 per hour. The average two-bedroom apartment in SF is around $4000, in Orlando it's around $2000. So if you do the math, about equal if just considering rent. Then factor many don't own a car in SF, whereas in Orlando it's a necessity. The cost differential there alone negates any income tax differential. FL has become more expensive than all but a handful of states, mostly over the past few years with runaway rental values.

[NearFantastica]

Originally Posted by kyle19125

It's not about the cost of living entirely. It's also about average salaries, which in ratio to the cost of living determines affordability (or not). If factoring rent in particular the major FL cities are as unaffordable as NYC and SF due to sub-par salaries. Example: The typical RN salary in San Francisco is just a shade below $50 per hour ($49.41 per hour), in Orlando it's $26.51 per hour. The average two-bedroom apartment in SF is around $4000, in Orlando it's around $2000. So if you do the math, about equal if just considering rent. Then factor many don't own a car in SF, whereas in Orlando it's a necessity. The cost differential there alone negates any income tax differential. FL has become more expensive than all but a handful of states, mostly over the past few years with runaway rental values.

Minimum wage in Florida is $12 an hour, in California it's $15 an hour. Despite the better wages in California, Florida is still a whole lot cheaper. An RN cannot afford to live anywhere in the Bay Area close to SF, but they can live comfortably around Orlando. If you think rents are bad in Florida then oh boy, come take a trip out to California sometime. California tops the nation with having the highest rents tied with Hawaii. Another advantage to Florida is that they're actually building housing, in California the housing situation is so bad but nobody is building anything due to the state's NIMBY legacy