The housing cost in Pensacola are 27% lower than the national average and the utility cost are 11% lower than the national average. I am pushing 60 years old and single so I need affordable, small town feel, local gatherings and by the water. 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. On the other hand, the average annual cost of childcare for two children is around $11,499, again less than the national average. Also, the city draws visitors as it holds a strong position in the entertainment industry. Here you can enjoy a more suburban life with a simple standard of living. Due in part to weather concerns, the average Florida resident pays more than almost anyone else in the country for property insurance and car insurance. Its pretty easy to find a suitable job in Jax. A 2019 Joblist study that compared wages to cost of living in the US ranked Florida last out of all 50 states in terms of affordability. What is the best way to find a job in the area you suggest? Both have lots of job opportunities. Unlike many large cities in the US, Jacksonville has maintained its affordability. Overall cheapest and most expensive states to live in for 2022. 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. Vero Beach is the cheapest place to buy a house in Florida as the median home price is around $341,423, which is 14% lower than the national average. Here are. A family of four spends $9,380 on average on food in Mount Dora. Edgewater is one of the bigger cities on our list, but it still retains a small town, seaside community feel. Cheap labor and building costs help Oklahoma land in the No. 3. 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. It is a great place not only for retirees but also for people looking for recreational activities. unemployment and better growth, according to US News annual report. Cities like Chapel Hill, Charlotte and Greensboro made the list. Those from New York, which CNBC's analysis named the second most expensive state in terms of cost of living, might have benefitted from the move. 4) Which state has more jobs or lower unemployment Illinois or Florida, Illinois has an unemployment rate of just 4.2%, which would normally be a very respectable rate. The only difference is rather than complaining about the cold and snow in Illinois, youll complain about the heat and humidity in Florida. But, Lake Alfred is also very affordable cost of living is about 14% lower than the rest of Florida, making it one of the cheapest and safest place to live in Florida. For cost of living and housing data, we used the latest U.S. Census report, the AreaVibes living index, and Zillows housing market data. I currently pay $1850 for 3 bedroom apartment but have lived in my place for 3 years and its about to go up another $200 this Aug 22. But, unlike most other large cities, Jacksonville is one of the most affordable places to live if you love Florida. From here you can easily visit Cape Canaveral and the Kennedy Space Center. Bartow is located 50 miles southwest of Orlando and 40 miles east of Tampa. In Melbourne, you are always in the mood to stroll along the gorgeous Melbourne Beach Pier for some relaxation and peace. Next, come to a movie setting Geddon Horror Park for a thrilling experience. Florida is cheap. But, they are usually so cheap for a reason high crime, no job opportunities, etc. Best State to Buy a Used Car: Florida. Stay up to date with what you want to know. 7) Which state has a lower overall tax burden Illinois Versus Florida. Here you will find 16 acres of land at the museum Pioneer Florida Museum examining and illustrating the state history in the liveliest manner. 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. 2. This list is a very helpful part in my researching where to move to. The downtown Dunedin area may be expensive but the outskirts of Dunedin is one of the cheapest areas to live in Florida. Timber Pines is a peaceful little suburb of Tampa located on the western coast of central Florida. What would you suggest? Cost-of . You can walk, run, ride on a horse, or do whatever you want. From the waterparks, golf clubs to scenic hiking trails like the Pinellas Trail, Dunedin is packed with recreational outdoor activities. 2. There are numerous parks and rivers in Milton as well as hiking trails through state parks nearby. 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. It is obviously cooler near the beaches, but most of them are expensive. Is it more expensive to live in Chicago or Florida? 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? Massachusetts. Some people may ultimately choose to move to Florida, but keep their remote job in a higher paying state. But does better quality of life ratings = higher resident happiness? While they can likely count on warm temperatures in the years ahead, not everyone will find themselves better off financially. Locations are then indexed against this number. A single adult expense in Vero Beach is around $33,640 annually. I want to rent and live in a safe area and where there is high employment 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. 15. 12019. Once a tobacco manufacturing hub is now a hub of art and culture. 5) Which state has better health care quality Illinois or Florida. The cost of living index in Vero Beach is 95.2 based on a US average of 100. University of Wisconsin economics professor Steven Deller agreed. High cost of living. I would suggest coming to Saint Joe Road to get the most exhilarating zipline ropes courses. 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. The housing market here is even crazier right now with houses that are appraising at $225,000, selling for over $450,000. where to apply for senior low cost housing or section 8 housing? Are you looking for a place with a high quality of life as well as an affordable cost of living in Florida? $287,466 is the average cost of new home construction in the U.S. according to HomeAdvisor. That's a whole other house! The incomes and the cost of living in most states are proportionate to how you perceive your income. The state's overall tax burden, however, remains among the lowest in the nation, and is among the reasons so many retirees move there. Related Post: 10 Fastest-Growing Cities in Florida. Thank you John. Its considered one of the best places to live in Florida on a budget. It has a low crime rate and a population of roughly 183,942. Alaska. In the evening, enjoy the beauty of Community Park. 2) Which state is a safer place to live overall, Illinois or Florida? Hi Shekyra, you can choose Cape Coral. Hi Pamela, you can look for Cape Coral. The cost of living is even lower than the Illinois average of 99something nearly unheard of in the Chicago areaand the median home price is a good $157,000 less than that of Chicago. But it alone is not enough to justify a move to Florida at least from a financial perspective. But like any other city, there are bad parts too. For crime data, we referenced the latest FBI crime reportand cross-analyzed it with AreaVibes crime review. 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. The average cost of internet access in the U.S. is $66.20 per month. As someone who lives in the city limits of Orlando, I would not say affordable. 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. 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. The average home cost in Bartow is under $275,000. The 1.9% increase was the largest of any US state over this period. You learn stuff you didnt count on. All rents are less than $1,600 per month, on average. Fort Meade offers several outdoor recreation activities like canoeing and kayaking. I would suggest you to check Dunedin which is affordable and summer is not that hot. I am looking to move from Panama City beach Florida soon. Well, there is a small historic downtown with over 25 specialty shops, boutiques, and restaurants. Compare that to Indiana, which has an individual rate of 3.23% and a business rate of 5.75%. The historic downtown of Vero Beach is vibrant with cafes, restaurants, and shops where you can easily spend time strolling around. 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. You still get to enjoy places like Fort Myers Beach, Naples, Bonita Springs (All Short distant drive Beaches) I suggest Cape Coral. 7. Wish you a happy and safe retired life. This put education in the state above the national average. Are these data still applying to current year? Miami housing costs are 36.8% more expensive than Chicago housing costs. How can you miss kayaking near Mount Dora? Lower Cost of living Winner? The median income in Sunny Isles Beach comes in at $51,760 and the median home value is $363,400 for 2023. Neither states rating is in the top 25 states but Illinois is ranked slightly higher. It is not far from either Coast, and there is decent shopping in the next towns, not so far from Fort Meade. 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. However, transportation and grocery might be a bit pricier but cheaper than nearby Fort Myers. Everybody wants to live in a community where they can feel safe, where unemployment is not an issue, where they can have easy access to grocery stores, restaurants, entertainment, recreation, medical facilities, and more. One bedroom studio rent can be available for under $1200 per month. The city of Bartow and the surrounding area are filled with historical buildings and classic architecture. 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. There are currently a fair amount of 2 and 3 bedroom houses available for under $200,000. The average rent of a 2 bedroom home in Quincy is around $1500. You can grow oranges and grapefruit in your own yard. Hi Luann, if you are looking for a cheap and pet-friendly place to live in Florida, I will highly recommend Jacksonville. The ten states with the lowest property tax rates are: Hawaii, Alabama, Louisiana, Colorado, District of Columbia, Delaware, South Carolina, West Virginia, Wyoming, and Arkansas. Depending on where you live, property taxes can be a small inconvenience or a major burden. 6) Which state has better overall school ratings Illinois or Florida. It offers the 2nd lowest rent prices on our list of cheapest cities to live in Florida, while its home prices are 35% lower than the rest of Florida. While they can likely count on warm temperatures in the years ahead, not everyone will find themselves better off. Palm Coast, located on Florida's upper east coast, is home to one of Florida's best-kept-secret beaches, so residents don't have to fight tourists for prime beach space. Valparaiso. If you earn $40,000 a year, you can easily survive here. From here, Miami its just 135 miles away. If what youll save on taxes and the cost of living in Florida will be so minimal that it would take you 20 years to break even on what it cost you to move from Illinois, you may want to do so figuring first. Health Care Quality Winner? Coming in at #1 is Tavares, which is a suburb of Orlando and is in one of the fastest growing counties in Florida. It is very quiet and has good schools that offer IB programs. "Florida is above the national average, but it's not even close to the most expensive place to live," he said. Im tired of shoveling snow. The "City of Palms" has long. Fort Meade is a small city in Polk County, located around 50 miles east of Tampa. Most retirees live on a fixed income and the data shows that money will currently go farther in Florida than Illinois. Health related expenses are 18.2% more in Miami. Kentucky. Titusville is home to Kennedy Space Center Visitor Complex, you cannot miss Valiant Air Command Warbird Museum, and the American Space Museum & Space Walk of Fame. The cheapest city to live in florida, and safest, is Cape Coral. According to the latest reports, Mississippi tops the list of the most affordable states in America in 2019. Lets find out! Floridas overall crime rate is not that different than Illinois, but it is slightly higher. The average health cost and food costs of a single adult are around $3,937 and $ 3,280 per year respectively. Its median home value, however, remains in the middle of the pack compared to the rest of the country. Nearby, there is the bustling town of Mount Dora, which is routinely named as one of the best places to live in Florida. Job opportunities are skyrocketing in Gainesville. 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. According to our data, the average annual rate. Here, I come to the end of the list of cheapest places to live in Florida, giving a complete insight into the cost, expenses, house price, crime rate, employment and healthcare. The cost of living in Plant City is 94.7 based on a US average of 100. Very informative! I always want to experience blood-curdling thrills like cemeteries, lighthouses, closed schools, theaters, and many more. It is only 1 hour by car from Fort Myers and 1.5 hours from Tampa. Who doesnt like to live in a city with a casual, laid-back atmosphere with amazing attractions, spectacular scenery, and a plethora of job opportunities? Florida has the 9th best economy in the same report. 1) Mississippi. According to MIT's living wage calculator, food costs in Florida and Texas run $3,351 per year for a single adult. Illinoisans wellbeing based on the latest surveys came in at 49th. Living in the Magnolia state costs around 15% less than the nationwide average. Illinois relies more than Indiana on individual and business income taxes. While the cost of living in Florida is far from lowest, it's considerably cheaper overall than Illinois. 1. Indeed, the lack of an income tax is a major financial perk for Floridians. This is consistent with the fact that Floridians need a higher living wage to survive. 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. Thanks for the info. Illinois taxes individual income at a rate of 4.95% and business income at 7%. 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. Florida by a wide margin. Top editors give you the stories you want delivered right to your inbox each weekday. The states with the highest average car insurance include California, Florida, and Louisiana. Thank you so much Teri for your kind comment. For me, it was always different. You have landed on the right page. In many parts of Florida, you can buy a new home for a relatively cheap price. Arcadia doesnt just offer low housing rates. 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. Based on housing costs, utilities, and taxes, the average person could live on a budget of $1800-$2,000 a month. I moved to SW Florida in 1994. The biggest attraction is the beach life, as the coastline in New Smyrna Beach is just 10 minutes away from the center of town. But Florida doesn't just have the weather, the beaches, and Disney World going for it. If you are planning to move to Florida, Jacksonville may be a perfect financial destination. Therefore, Lake Wales is one of the most affordable places to live in Florida, that also provides a safe community. 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? Moreover, it is safe and offers plenty of outdoor activities. Floridas tax burden is higher overall than what you may think, but it does not have a personal income tax. Jacksonville is again lower than the Florida average also, which stands at $237,000. If youre a beach lover, you are lucky to own a house in Jacksonville. 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. This post may contain affiliate links. If youre looking for affordable, small-town feel, Edgewater could be the best option for you. The quality of education can vary from school to school even within the same district in the same state. In the center of town, you can find a Publix at the Lynn Haven Shopping Center, which is also across from a Walmart. I want somewhere affordable but still close to the city. Florida is not Cheap Get Cautious about Tornadoes and Hurricanes: . Jacksonville is located right at the top of the state, close to the border between Florida and Georgia. Click through to see the cost of renting versus owning a home in your state. I have a cleaning business so I will need condos, beach houses etc My income? Florida is ranked right in the middle that divides the most expensive states from the more affordable. 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. The nature scene in Tavares is outstanding. So, if you are looking for the absolute cheapest total lifestyle in a safe and desirable community, then look no further than Haines City. 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. 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. The cost of living index in Mount Dora is 100.4 based on a US average of 100. as well as other partner offers and accept our. You can go to Blanton Park, Chain of Lakes, and Pritchard House. With around $2500 per month, you will be able to cover all of your basic costs. According to the records in 2018, Florida is home to more than 21.3 million people. The city features several family-friendly attractions including public parks, lakes, scenic walking trails. Dunedin is a small beach town with good schools, a low crime rate, a low cost of living, average job prospects. ET TV: CBSSN Live stream the MVC men's basketball . The city is known for its peaceful lifestyle with a large lake as its centerpiece. 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. 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. Healthcare expense in Dade City are 5% lower than the national average. ("Domicile" is a legal . Although, there are still plenty of things to do, from the numerous parks that surround the lake to the cute historic district on East Stuart Avenue that is filled with shops and restaurants. In 2016, Florida was awarded as the fourth fastest-growing state in the United State of America. 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. 22: Texas. The Cost Of Living In Jacksonville Makes Anything Bearable. It makes the dream of home ownership farther and farther away. Are there any mobil home parks that may help me lower costs? 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. As per 247wallst.com, the median home value in Plant City is around $154,300, less than the national average. What is the best state to retire in 2020? It is affordable and has a very good healthcare system. Enjoy the vibe of Rock Creek Run and Wekiva River. is this a good place to market and get settled? READ ALSO: 10 Best Anti-Theft Travel Backpacks: Buying Guide. According to my analysis of various publicly available sources, it would be harder to bored in Illinois than in most other states, because the state simply has more things to do and see. Check outZillowfor the latest offers. Plant City already has fame in the world for celebrating the Florida Strawberry Festival. The monthly budget comes in at less than $2400 a month in Gainesville. It is 13% safer than other US cities recording 26.91 crime rates (per 1,000 residents). Milton, Florida offers one of the best income to home price ratios in Florida and is great for people who are looking for strong wages and cheap housing. Especially on a fixed income. Great and informative article! I would start by read this shocking article from US News before doing any school rating research. Illinois. The monthly rent for a one-bedroom studio in a normal area is around $1100. 8) Things has more things to do Illinois Versus Florida. As of October, the cost of a one-bedroom apartment in the state had increased 36% since the start of the pandemic, per Apartment List, with only New Mexico and Idaho seeing a higher uptick. This is truly an authentic small town as you wont find any big chain stores here. don't cover as much of the healthcare costs. www.wikipedia.org. With a housing index of 69, median rent prices of about $1,000, utility index of 89, grocery index of 91, and transportation index of 90 . 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. * School ratings vary widely, depending upon the criteria the particular organization uses. It also features several parks and historic buildings like Fort Meade Historical Society worth visiting. It is considered 13% safer than other US cities. You can click on the link to know more about it but in this post, we will only focus on the most inexpensive cities in Florida to live in. Valparaiso is a small city in northwest Florida. Contact us at: hello (at) strategistico (dot) com. The idyllic temperature and stunning white sand beaches made it a popular romantic getaway in Florida. It is home to 50,298 people in America. Vero Beach is considered 28% safer than other US cities. With a monthly expenditure of $2200-2800, you can expect a happy life with all the basic amenities. The cheapest place to live in Flordia is Jacksonville. Building Wealth 8 Places Where It's Better to Rent Than Buy Buying a home might not always be the best financial strategy. Timber Pines was also named the 13th best city to retire in across all of America, so consider moving soon before too many people find out about this hidden gem. Overall, with a monthly budget of $2200-$2500, one person can live comfortably in Quincy, Florida. Of course there are many variables that will determine the actual cost such as exact distance of the move, the number of items being moved, and additional services such as packing and unpacking. Lots of Land Contributes to Lower Prices There's even a surprising amount of coastline that is undeveloped, he said.