There were even a handful of housing options under $150,000 at the time this article was published, so start searching today if you are interested in one of the mostinexpensive places to live in Florida. Moving to Florida Could Save You on Taxes, but Cost More Overall Thats according to the U.S. Bureau of Labor Statistics (July 2019). The best part of moving to this city is its proximity to other major cities like Atlanta, Georgia, Alabama, etc. There are four states with property tax rates above 2.00%: New Jersey, Illinois, New Hampshire, and Connecticut. So, while Lake Wales is the second cheapest place to live in Florida, there is actually another city that we think is the best. The median income in Sunny Isles Beach comes in at $51,760 and the median home value is $363,400 for 2023. Moving from Utah have 3 dogs and will be needing work as I am setting out on a new adventure. # 10 in Best Places to Live in Florida. LSU at Florida: Free Live Stream College Basketball Online - How to Edgewater is one of the bigger cities on our list, but it still retains a small town, seaside community feel. Speaking of affordability, the cost of living in Timber Pines is about 7% cheaper than the rest of Florida, with home prices 20% lower than the rest of the state. It is not far from either Coast, and there is decent shopping in the next towns, not so far from Fort Meade. Crime is also quite low, with less than 20 reported crimes per 1,000 residents, which is almost a quarter lower than the Florida average. Thanks for the info. Best Places to Live in Florida in 2022-2023 - U.S. News & World Report Single adults average health care is around $4,021, which is less than nationwide. The states with the cheapest average car insurance include Maine, Idaho and Vermont. The cost of living and average home prices are slightly below the Florida average, but the very low crime rates and opportunity to live right on the water make Lynn Haven quite appealing. This is definitely one of the reasons for being one of the cheapest places to live in Florida near the beach. You may consider Lake Okeechobee too, but the unemployment rate is high here. Median Home Cost: $135,300. According to our data, the average annual rate. I am going to move to Florida and was looking for some affordable places to rent. All rents are less than $1,600 per month, on average. It is a resident-owned and self-governed park located in a prime location within Dunedin. For me, it was always different. The city is situated between 3 major lakes and there are parks all around the water. 2. 12 Cheapest (and Safest) Cities to Live in Florida in 2023 - Strategistico 10 Best States To Retire In 2020 New Hampshire. It has the lowest crime rate out of any city on this list, with a minuscule 6.5 crimes reported per 1,000 residents, which is 3 times lower than Floridas average crime rate. Thank you. I am considering moving to Florida from the Oregon Coast, and at 73, its hard to start over when living on a fixed income. When you are in Plant City, and tasting strawberries is a must! "There's just no way for people living here to afford it the salaries that they pay here don't add up to the cost of rent," Nicole Panesso, a millennial who lived in Florida her whole life before moving to Tennessee last year, previously told Insider. The hot weather is a concern, as Im not used to it. It all depends on where you work, which city you live in, and how much risk you're willing to take when it comes to homeownership, insurance, and healthcare. Its no more a secret that the fastest growing cities in Florida have grown exceptionally large with time. Housing expenses, utility prices, and healthcare in Cape Coral are lower than the national average. 5. You can also read the moving to Florida checklist and guide. 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. Medicare Advantage Monthly Cost: $56.36. For cheaper options, you may consider Ocala and Lakeland too. Real Florida Pros and Cons Revealed 2022 - Moving to Florida 10 Cheapest Places to Live in Florida (2023) | PropertyClub We are moving to Florida for the winter months only. But does better quality of life ratings = higher resident happiness? 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. Population: 15,735 Cost of Living Index: 86 Average Home Price: $165,000 (38% below Florida average) Average Rent Price: $752 per month Crime Rate per 1,000 Residents: 24.4 (3% below Florida average) Unemployment Rate: 4.1% 10 Year Job Growth Outlook: +44% Location: See in Google Maps. Expect to pay around $2000-2500 per month to live a comfortable life. There is no shortage of natural trails, state parks, and museums. Most retirees live on a fixed income and the data shows that money will currently go farther in Florida than Illinois. Check out Zillow for the latest listings. Speaking of affordability, the cost of living in Timber Pines is about 7% cheaper than the rest of Florida, with home prices 20% lower than the rest of the state. The city interests seniors as it is considered the cheapest city to live in Florida with no burden of income tax. 33. 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. Besides the popular theme parks, you can visit Kennedy Space Center and enjoy Boggy Creek Airboat Tour with your family. Keeping the above points in mind I have sorted out the list of the best and cheapest places to live in Florida where you can enjoy warm weather, stunning landscapes, and gorgeous beaches without breaking your bank. Population: 21,892 Cost of Living Index: 92 Average Home Price: $207,000 (22% below Florida average) Average Rent Price: $1,005 per month Crime Rate per 1,000 Residents: 16.7 (34% below Florida average) Unemployment Rate: 3.7% 10 Year Job Growth Outlook: +43% Location: See in Google Maps. The Pros and Cons of Living in Florida - ToughNickel 10 Affordable Beach Towns In Florida | Neighborhoods.com It has earned a name as Monarch City and the Tree City of the USA. With 400 miles of canals, the city is also known as Waterfront Wonderland. Edgewater has one of the lowest cost of living in Florida, as well as a strong school system. Housing is the main factor in the cost of living and median home prices are very favorable for individuals in Orlando. Florida by a large gap. 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. Most and Least Expensive States to Build a Home | GOBankingRates (Utility costs in the two states are about equal.) Fly or Drive from Illinois to Florida Population: 20,768 Cost of Living Index: 99 Average Home Price: $238,000 (10% below Florida average) Average Rent Price: $1,120 per month Crime Rate per 1,000 Residents: 15.5 (39% below Florida average) Unemployment Rate: 3.6% 10 Year Job Growth Outlook: +34% Location: See in Google Maps. Building Wealth 8 Places Where It's Better to Rent Than Buy Buying a home might not always be the best financial strategy. Florida is ranked right in the middle that divides the most expensive states from the more affordable. A cost of living index above 100 means Florida, Florida is more expensive. 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. Both states are in the bottom 25 of states with higher rates, but Illinoiss overall crime rate is lower than Florida. Also, it is 11% safer than other US cities. It is affordable and has a very good healthcare system. Which state is the cheapest to live in? Hello I am a single mom with 3 kids looking for a kid friendly safe neighborhood but something very affordable with good paying jobs. The Average Cost of Medicare by State | 2022 Medicare Costs The lowest-cost silver plan, the MDWise Marketplace Silver Basic, costs $3,432 a year with its higher-than-average monthly premium of $286. Access your favorite topics in a personalized feed while you're on the go. According to the latest reports, Mississippi tops the list of the most affordable states in America in 2019. Cost Of Living: $43,308. 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. The 6 Most Affordable Cities in Florida - Livability Overall Score 6.0 Quality of Life 6.5 The cost of living in Bartow is 12% lower than the state(Florida) average. So, Dade City is waiting for many adventures! 4. Here you have 1 in 68 chances to be a victim of property crime and 1 in 47 chances to become a victim of violent crime. Read More. It has the 14th-highest average cost to build a home. If moving to Florida with school age children, thorough research on education is strongly recommended. Of course, the city is also quite safe, coming in slightly below average in its crime rate compared to the rest of Florida. Whether you are a digital nomad, an expat, a retiree or just moving to Florida to start a new life, you will find plenty of affordable places to live in Florida. Home to the University of Florida and Santa Fe College,Gainesville is one of the safest and cheapest places to retire in Florida. The minimum wage of $7.25 per hour leaves families at the poverty threshold. The only difference is rather than complaining about the cold and snow in Illinois, youll complain about the heat and humidity in Florida. These comments were consistent with a 2022 CNBC analysis, which said Florida was the 27th best state in terms of cost of living. 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? Texas. The lower crime rate makes it one of the safest places to live in Florida. The city is known for its peaceful lifestyle with a large lake as its centerpiece. One bedroom studio rent can be found under $1400 per month. Thank you Linda for your kind comment. From there come to cherish time at Golden Sands Beach, Jaycee Park, or Wabasso Beach Park to enjoy the salty air. The cost of auto insurance can vary by state and insurance company, with an average rate of $1,758 a year nationwide for a good driver with good credit. Florida. Dunedin is a small beach town with good schools, a low crime rate, a low cost of living, average job prospects. You must visit Ichetucknee Springs State Park during the summer months and enjoy the cool activities in this popular Florida springs to beat the heat. Meanwhile, Pensacola Beach is only about 40 minutes away. It may very well be one of the most affordable places to live in Florida that is truly worth living in. Florida. Above 100 means more expensive.) Best State to Buy a Car - Car and Driver Hi Maria, my vote is for Brownsville and Gladeview for young adults. It also has the lowest average housing costs in the nation at 33.7%. Florida was rated below the national average in the 29th* spot. Virtually every big city amenity can be found here hospitals, clinics, churches, big box stores like Target, Walmart, The Home Depot, and all your favorite restaurants and fast food joints, making it one of the most affordable cities in Florida that also has access to all of these stores and services. Definitely, Cape Coral is one of the least expensive places to live in Florida. You have given me so much information; the cities you mentioned appear to be more affordable than the West Coast. Arcadia doesnt just offer low housing rates. Valparaiso. Housing costs are lower as well as grocery and healthcare. Illinois $25,000 per person/$50,00 per accident $20,000 per . Cost of Living in the U.S. vs. the U.K.: What's the Difference? Especially Homosassa Springs and Hernando are quiet towns full of nature and wildlife. ET TV: CBSSN Live stream the MVC men's basketball . IDK why everyone is asking you about affordable places to live when this is literally a list of affordable places to live! I just hope you dont mind making a bunch of U-turns- The Cape as locals call it- The bigger city offers numerous resorts on the beachfront as well as Daytona International Speedway, Daytona Beach International Airport, and many other shopping and nightlife options. Then youve just come to the right place. The Bicycle Festival and Christmas Festival in Mount Dora draw a lot of visitors here. If thats not enough, you can also get to Orlando or Tampa in less than 1 hour in either direction, making this one of the mostinexpensive places to live in Florida that also has a top location near other big cities. Neither states rating is in the top 25 states but Illinois is ranked slightly higher. With a monthly expenditure of $2200-2800, you can expect a happy life with all the basic amenities. An amount below 100 means Florida is cheaper than the US average. Although, Im trying to write about other cities, but as of now you can search the cost of living in x city on Google. Unlike most quality of life ratings, school ratings are all over the place and often contradict each other. Florida is hotter and more humid than where you moved from, and it doesn't end when summer does. If you are looking for your dream home in Florida at cheap, look no further and move to Quincy. 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. Along West Baker Street, go to Parkesdale Farm Market. Additionally, a November Forbes analysis using data from the Kaiser Family Foundation found Florida to be the fourth most expensive state for healthcare in the country, adding that residents with employer-provided family health coverage pay over $7,000 annually, the highest premium of any state. Tavares took our top spot based on having the best mix of cheap living, low crime, and great job prospects, all within a city that offers its residents an exciting mix of things to do. Surrounded by exotic beaches, small-town, friendly people, and many more. 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. It would have ranked higher on our list, but its future job prospects are only average compared to the rest of the nation and it can feel a bit secluded. The study found that in all but 10 places, it is indeed cheaper to buy than to rent though in some of those places, the cost difference is minimal. Population: 7,934 Cost of Living Index: 93 Average Home Price: $143,000 (46% below Florida average) Average Rent Price: $678 per month Crime Rate per 1,000 Residents: 19.5 (23% below Florida average) Unemployment Rate: 4.0% 10 Year Job Growth Outlook: +39% Location: See in Google Maps. Enjoy a happy life in the Sunshine State. Two weeks before you move, visit your local post office (it doesn't have to be in Tampa), complete a change-of-address card or do it online. According to the records in 2018, Florida is home to more than 21.3 million people. There are also modern chain stores like Walmart and Winn-Dixie at the edge of town. It is also less than 2 hours away from Orlando, giving you easy access to many major cities, but in an affordable and quaint suburb. There are numerous parks and rivers in Milton as well as hiking trails through state parks nearby. Fort Meade is a small city in Polk County, located around 50 miles east of Tampa. A: You can move to Homestead in southern Florida where the cost of living is affordable, but the option is limited. Based on all these factors, a single individual could be able to live comfortably on an average budget of around $2300-2800 a month. Americans are moving to Florida for better weather and lower taxes. How to Watch LSU at Florida in Men's College Basketball Today: Game Date: March 4, 2023 Game Time: 6 p.m. There are numerous parks, lakes, and golf courses across the city along with a terrific range of restaurants that serve a wide range of international cuisines. Population: 5,629 Cost of Living Index: 91 Average Home Price: $171,000 (35% below Florida average) Average Rent Price: $697 per month Crime Rate per 1,000 Residents: 9.1 (64% below Florida average) Unemployment Rate: 4.2% 10 Year Job Growth Outlook: +38% Location: See in Google Maps. Haines City is also the biggest city on our list, which offers many things to do and makes it a fun place to live. The average cost to build an 1,800-square-foot home here is the lowest in the U.S. Population: 16,199 Cost of Living Index: 86 Average Home Price: $223,000 (16% below Florida average) Average Rent Price: $907 per month Crime Rate per 1,000 Residents: 17.8 (29% below Florida average) Unemployment Rate: 3.4% 10 Year Job Growth Outlook: +51% Location: See in Google Maps. Walmart offers the most employment opportunity to the residents of Plant City. It is located on Floridas east coast just 30 minutes from Daytona Beach and 1 hour from Orlando. 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. With average home prices, this is a cheap place in Florida to live in. Florida Museum of Natural History is also a popular tourist attraction in Gainesville. The cost of living index in Dade City is 89.4 based on a US average of 100. Florida also has more stuff to do and see than most states, its why over 110,000,000 tourist a year now visit the state. Florida is cheap. It's also one of the largest cities in the United States. This is another worst reason not to live in Florida if you are aware of the sinkhole. Top editors give you the stories you want delivered right to your inbox each weekday. On the other hand, the national median monthly rent is around $1,023. Also, you will easily find amenities like a Winn-Dixie and a Chick-fil-A, and growing job opportunities as well. Port Charlotte is an amazing place to live with low taxes and a median housing price of $166,600. Many have also been drawn there because it's one of nine states with no state income tax, which could potentially save them thousands of dollars per year. You can explore Apalachicola River Blueway National Recreation Trail, Lake Talquin State Forest, The Shade Tobacco Museum, and many more attractions during the weekend. Plant City already has fame in the world for celebrating the Florida Strawberry Festival. The city has direct access to Interstate 95 and is only about two hours south of Savannah, Georgia. You can access many Atlantic ocean beaches which are just a short drive away from Edgewater. If everything were equal, such as you would earn the same income in Florida as Illinois, it would be hard to argue against moving to Florida from Illinois. Despite the lack of an income tax, Florida has higher sales and property taxes than some of its peers, and due to Florida law, some newcomers are seeing higher property tax increases than longstanding residents. The year-round sunny weather is perfect for people looking to soak up some rays. It is a peaceful safe town where you can buy condos at a very reasonable price. The 10 Most Expensive Places To Live In Florida For 2023 - HomeSnacks Pricing for various packages can vary a lot even in the same location. Definitely, Cape Coral is one of the least expensive places to live in Florida. I am really glad that the article helped a senior citizen like you. Hello, when this article was written? The plan also has a high deductible of $5,000, and even after the deductible is met, the policyholder can expect a $200 copay for urgent or emergency care visits. FAQ on Cheapest Places to Live in Florida. The 7 Cheapest Places to Live in Florida in 2023 | REthority Cape Coral also has several pros and cons, housing cost in Mount Dora is around $242,900, 10 Best Anti-Theft Travel Backpacks: Buying Guide, 10 Best Places to Live on The Gulf Coast of Florida, 8 Most Affordable Places in Hawaii to Live in, 15 Most Affordable Hiking Boots: Buying Guide, Top 10 Most Affordable Places to Live in California, 10 Insanely Cheap Places To Travel In The USA, 10 Best Places to Live in Florida in 2023, 11 Most Dangerous Cities In California To Avoid, 10 Insanely Cheap Countries To Live In Europe, 14 Best Places For Snorkeling In Florida A Lifetime Experience, 13 Best Nude Beaches in New York for Sun-Worshippers, 14 Best Botanical Gardens in Florida To Visit, 14 Stunning Yosemite Sunset Spots Secret Trails & Meadows, 23 Free Things to Do in Long Beach, California. Before Moving to Tampa, Consider These Pros and Cons - Life Storage Blog I want to rent and live in a safe area and where there is high employment They may avoid the most competitive rental markets like Miami-Dade and Orlando. As someone who lives in the city limits of Orlando, I would not say affordable. Illinois, California, ETC are moving here and buying houses with cash and taking up a lot of the rentals in the . For crime data, we referenced the latest FBI crime reportand cross-analyzed it with AreaVibes crime review. Quincy is the city where most of the residents own their house. In many parts of Florida, you can buy a new home for a relatively cheap price. Alaska. These places ensure excellent warm weather, varied outdoor activities, mouth-watering foods, a great place to hang out, job opportunities, good hospitals, schools, and a strongly knitted community feel. Please see our disclaimers to learn more about our site. Is Florida an expensive state to live in? - Quora 10 Fastest Growing Cities in Florida for 2023, 12 Stunning Resorts in Florida for Every Budget, Regret Moving to Florida? Orlando offers all these things and surprisingly thisCentral Floridaparadise offers low-cost living. 6. But, it is only 20 minutes from the nearest beach. The population of Cape Coral is about 175,000. 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. Median Home Cost = $180,000.00 ( Affordable) Yet another area that helps Jacksonville's overall score is the median home cost here. What would you suggest? What Is the Cheapest Type of House to Build in 2023? 1) Which state has a lower overall cost of living, Illinois or Florida? The cost of construction labor is cheaper in Arizona than in a majority of states. There is no shortage of free attractions in Orlando. ___ 2) Which state is a safer place to live overall, Illinois or Florida? Health Care Quality Winner? Cheapest State to Buy a Car | A Guide to Out of State Car Buying It is green all around trees line virtually every street of this city. Florida cost of living is 103.1 100=National Average AVERAGE RENT BY BEDROOM SIZE When we put together this list of the cheapest places to live in Florida, we not only considered the latest data on cost of living, but also housing values, crime rates, and desirability to give you the most complete list of cities that you would truly want to live in. Ample job opportunities evidenced by one of the lowest unemployment rates in the nation and the growth of remote work have made it possible for many Americans to move to the Sunshine State. Reasonable cost of living. Even you can find one-bedroom apartment rent as low as $1050 per month. By clicking Sign up, you agree to receive marketing emails from Insider Rents are also very affordable the average cost is only $678 per month, which makes it one of the cheapest places to rent in Florida. Indiana vs. Illinois: Cost of Living and Taxes Comparison Guide Okay, at this point Florida has won 6 of the 9 states versus state quality of life comparisons. The downtown Dunedin area may be expensive but the outskirts of Dunedin is one of the cheapest areas to live in Florida. Where is the best area for lower cost housing? Floridas tax burden is higher overall than what you may think, but it does not have a personal income tax. However being expensive or not, is relative. 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. Yes, its safe statistically with a lower crime rate. Ill take this info, do other comparable searches including crime rates, COL, average age etc and hope for the best! That's a whole other house! Strolling through the very walkable downtown is so peaceful. On average, the median income of an individual is $24,436. The cheapest place to live in Flordia is Jacksonville. Job opportunities are skyrocketing in Gainesville. Illinois fell just inside the bottom 25 states in the overall quality of health care provided, according to the US Agency for Healthcare Research and Quality. Whats life like in Lake Wales? Not only is Texas 8% cheaper than Florida overall, but housing, utilities and groceries all cost significantly less in the Lone Star State. The cost of living in Orlando, FL is -13.7% lower than in Chicago, IL.You would have to earn a salary of $51,755 to maintain your current standard of living. But it alone is not enough to justify a move to Florida at least from a financial perspective. This city is indeed one of the most affordable places to live in Florida. 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.