LivingCostFacts / state

Florida cost of living

Florida has an all-items price parity of 103.4 on the U.S. = 100 scale. Compare the statewide picture with county rents and metro price levels.

BEA 2024 · HUD FY2027 · ACS 2020–2024 · CPI through 2026-10

103.4
All-items price level

BEA 2024; U.S. = 100

$74,568
Median household income

ACS 2020–2024

$359,000
Median home value

Owner-occupied homes, ACS 2020–2024

$1,962
Typical 2BR benchmark

Population-weighted county FMR, FY2027

Read the local picture

Regional Price Parities (RPPs) compare prices across places in the same year. An index of 110 means prices are 10% above the U.S. level; 90 means 10% below. RPP measures relative price levels, while CPI measures price change over time.

Florida: RPP components

BEA 2024 regional context; each category is compared with its own U.S. = 100 benchmark. These are not county price estimates or spending shares.

  1. All items103.4
  2. Goods98.1
  3. Housing rents122.1
  4. Utilities90.1
  5. Other services101.3
0122.1

Black marker: U.S. benchmark = 100 in each row.

Put the benchmark in context

Fair Market Rent (FMR) is HUD’s estimate of the 40th percentile gross rent for standard-quality rental homes occupied by recent movers. It includes rent and most tenant-paid utilities. A household’s actual rent can differ substantially by neighborhood, lease and property.

Monthly rent by bedroom

HUD FY2027 gross monthly FMR; includes most tenant-paid utilities. Dollars per month.

  1. Studio$1,566
  2. 1 bedroom$1,665
  3. 2 bedrooms$1,962
  4. 3 bedrooms$2,532
  5. 4 bedrooms$2,947
0$2,947

Income after benchmark rent is $51,026 a year: ACS median household income minus 12 months of the population-weighted 2BR FMR. This is a comparison between separate datasets and periods, before taxes and all other expenses; it is not disposable income.

The data in view

Price levels relative to the U.S.

BEA RPP, U.S. = 100 each year. This is not an inflation index.

View chart data
Period or categoryValue
2008101.7
2009100.5
2010100.4
2011100.8
2012101.1
2013100.7
2014100.9
2015101.3
2016101.1
2017100.9
2018100.3
201999.6
2020100.6
2021101.4
2022102.3
2023103.6
2024103.4

Price levels by category

Each category has its own U.S. benchmark of 100. Components are indexes, not spending shares.

Category2024 RPP
All items103.4
Goods98.1
Housing rents122.1
Utilities90.1
Other services101.3

Monthly Fair Market Rent by bedroom

HUD 40th percentile gross rent for standard-quality units; includes tenant-paid utilities except telephone, cable and internet. These are benchmarks, not asking-rent medians.

Home sizeFY2027 monthly gross rent
Studio$1,566
1 bedroom$1,665
2 bedrooms$1,962
3 bedrooms$2,532
4 bedrooms$2,947

County cost comparison

Income: ACS 2020–2024. Rent: HUD FY2027. Rent / income = 12 × 2BR FMR ÷ median household income; it does not measure actual renter burden.

County or equivalent2BR rent / monthMedian household incomeRent / income
Alachua County$1,471$61,94928.5%
Baker County$1,110$79,83616.7%
Bay County$1,651$73,53326.9%
Bradford County$1,008$63,05019.2%
Brevard County$1,779$78,47627.2%
Broward County$2,321$77,63335.9%
Calhoun County$953$50,51722.6%
Charlotte County$1,575$69,95227.0%
Citrus County$1,194$56,54625.3%
Clay County$1,694$87,82023.1%
Collier County$2,036$90,04527.1%
Columbia County$1,187$59,20524.1%
DeSoto County$1,089$54,41724.0%
Dixie County$1,041$50,11024.9%
Duval County$1,694$71,27728.5%
Escambia County$1,548$67,50027.5%
Flagler County$1,758$77,36327.3%
Franklin County$1,068$64,10520.0%
Gadsden County$1,424$48,80135.0%
Gilchrist County$1,471$63,52327.8%
Glades County$1,127$45,87029.5%
Gulf County$1,532$61,17930.0%
Hamilton County$953$50,14422.8%
Hardee County$1,124$60,48922.3%
Hendry County$1,144$56,39324.3%
Hernando County$1,917$66,05834.8%
Highlands County$1,259$54,89727.5%
Hillsborough County$1,917$79,54028.9%
Holmes County$971$49,34323.6%
Indian River County$1,542$73,49125.2%
Jackson County$962$49,14923.5%
Jefferson County$1,424$61,21227.9%
Lafayette County$1,191$62,75722.8%
Lake County$1,959$73,16132.1%
Lee County$1,835$76,10728.9%
Leon County$1,424$66,28725.8%
Levy County$954$56,75020.2%
Liberty County$975$58,67119.9%
Madison County$978$48,48524.2%
Manatee County$2,188$78,45733.5%
Marion County$1,394$61,01027.4%
Martin County$2,069$82,94329.9%
Miami-Dade County$2,564$71,75342.9%
Monroe County$2,254$87,73830.8%
Nassau County$1,694$89,80422.6%
Okaloosa County$1,908$81,99827.9%
Okeechobee County$1,212$57,98425.1%
Orange County$1,959$79,71929.5%
Osceola County$1,959$72,63732.4%
Palm Beach County$2,349$83,58133.7%
Pasco County$1,917$70,49232.6%
Pinellas County$1,917$72,64631.7%
Polk County$1,608$65,97829.2%
Putnam County$1,040$47,93426.0%
Santa Rosa County$1,548$91,92220.2%
Sarasota County$2,188$83,41631.5%
Seminole County$1,959$85,76127.4%
St. Johns County$1,694$109,83918.5%
St. Lucie County$2,069$71,45734.7%
Sumter County$1,324$76,50820.8%
Suwannee County$999$56,65821.2%
Taylor County$953$49,07323.3%
Union County$1,019$64,14619.1%
Volusia County$1,673$70,04428.7%
Wakulla County$1,283$81,89518.8%
Walton County$1,474$81,98621.6%
Washington County$1,040$58,21021.4%

Metros with member counties in Florida

BEA 2024, U.S. = 100. Rent is a population-weighted mean of member-county benchmarks where available.