Cost of Living in Florida: Rent, Housing & Income
Cost of living vs. U.S. average (2024)
3.4% above
Cost of living in Florida is 3.4% above the U.S. average, based on the Bureau of Economic Analysis 2024 Regional Price Parities for Florida (index 103.4; U.S. = 100). Median rent in Florida is $1,812 a month.
Cost of living in Florida by category
Overall prices
103.4U.S. = 100
Regional price parity, all items
+3.4% vs. U.S.
- Goods
- 98.1 −1.9%
- Housing (rents)
- 122.1 +22.1%
- Utilities
- 90.1 −9.9%
- Other services
- 101.3 +1.3%
BEA 2024 · Florida Details: Overall prices
Housing
$1,812/mo
Median gross rent
+22% vs. U.S.
- 1-bedroom rent
- $1,589 +22% vs. U.S.
- 2-bedroom rent
- $1,812 +22% vs. U.S.
- 3-bedroom rent
- $2,076 +24% vs. U.S.
- Median home value
- $396,900 +10% vs. U.S.
- Owner costs, mortgage
- $2,168 +7% vs. U.S.
Census ACS 2024 Details: Housing
Utilities
$169/mo
Average electric bill
+8% vs. U.S.
- Electricity price
- 15.0¢/kWh −18% vs. U.S.
- Utilities price index
- 90.1
EIA July 2026 · Florida Details: Utilities
Transportation
28.9min
Mean travel time to work
+6% vs. U.S.
- Commute mode: drove alone
- 69%
- Work from home
- 15.5%
- Gasoline (Florida)
- $4.12/gal −6% vs. U.S.
Census ACS 2024 · EIA September 2026 Details: Transportation
Food at home
$1,388/mo
Moderate-cost plan, family of 4
- Thrifty plan, family of 4
- $1,024/mo
- Liberal plan, family of 4
- $1,679/mo
- Moderate plan, single woman
- $403/mo
- Moderate plan, single man
- $478/mo
USDA August 2026 · U.S. average Details: Food at home
Child care
$200/wk
Center care, infant
+15% vs. U.S.
- Center care, toddler
- $167/wk +9% vs. U.S.
- Center care, preschool
- $155/wk +7% vs. U.S.
- Home-based care, infant
- $166/wk +16% vs. U.S.
DOL NDCP 2022 prices · Florida county median Details: Child care
Income
$77,735/yr
Median household income
−5% vs. U.S.
- Median rent as share of income
- 28%
- Home value to income
- 5.1×
Census ACS 2024 Details: Income
Housing costs in Florida
Median gross rent in Florida is $1,812 a month, 22% above the U.S. median of $1,487. The median falls in the $1,500–$1,999 range, which holds 29% of renter households paying cash rent. Another 39.1% pay $2,000 or more.
The median owner-occupied home is valued at $396,900, and 7.5% of homes are valued at $1,000,000 or more.
Housing costs: Florida vs. U.S.
Median monthly rent
Monthly owner costs
Median home value
Show the data table
| Measure | Florida | U.S. |
|---|---|---|
| Median monthly rent | $1,812 | $1,487 |
| Monthly owner costs | $2,168 | $2,035 |
| Median home value | $396,900 | $360,600 |
Rent is median gross rent; owner costs are for homes with a mortgage. American Community Survey 2024 1-year estimates. Source: American Community Survey (U.S. Census Bureau)
What renters pay in Florida
Show the data table
| Range | Florida | U.S. |
|---|---|---|
| Less than $500 | 3.8% | 6.1% |
| $500–$749 | 3% | 6.8% |
| $750–$999 | 5.2% | 11.5% |
| $1,000–$1,249 | 8.4% | 13.5% |
| $1,250–$1,499 | 11.5% | 12.9% |
| $1,500–$1,999 | 29% | 22.2% |
| $2,000–$2,499 | 21.1% | 13.2% |
| $2,500–$2,999 | 9.9% | 6.5% |
| $3,000–$3,499 | 3.9% | 3.2% |
| $3,500 or more | 4.2% | 4.2% |
Share of renter households paying cash rent. Census ACS 2024 1-year estimates, table B25063. Source: American Community Survey (U.S. Census Bureau)
Home values in Florida
Show the data table
| Range | Florida | U.S. |
|---|---|---|
| Less than $100,000 | 7.7% | 10.2% |
| $100,000–$149,999 | 3.4% | 5.7% |
| $150,000–$199,999 | 4.9% | 7.5% |
| $200,000–$249,999 | 6.6% | 8.4% |
| $250,000–$299,999 | 8.2% | 8.5% |
| $300,000–$399,999 | 19.8% | 15.9% |
| $400,000–$499,999 | 15.6% | 12% |
| $500,000–$749,999 | 19% | 16.3% |
| $750,000–$999,999 | 7.3% | 7.5% |
| $1,000,000–$1,499,999 | 3.7% | 4.3% |
| $1,500,000 or more | 3.8% | 3.7% |
Share of owner-occupied homes. Census ACS 2024 1-year estimates, table B25075. Source: American Community Survey (U.S. Census Bureau)
Monthly housing costs in Florida
| Measure | Florida | U.S. |
|---|---|---|
| Median rent (all units) | $1,812 | $1,487 |
| 1-bedroom rent | $1,589 | $1,301 |
| 2-bedroom rent | $1,812 | $1,490 |
| 3-bedroom rent | $2,076 | $1,677 |
| Owner costs with a mortgage | $2,168 | $2,035 |
Median gross rent includes utilities the renter pays. Owner costs include the mortgage, taxes, insurance, and utilities. American Community Survey 2024 1-year estimates. Source: American Community Survey (U.S. Census Bureau)
How affordable is Florida?
At the median, rent takes about 28% of household income in Florida. Housing experts treat 30% as the limit before a household is considered cost-burdened. To keep the median rent at 30% of income, a household would need to earn about $72,500 a year.
The median home is worth $396,900, or 5.1 times the median household income.
Household income in Florida
The median household in Florida earns $77,735 a year, 5% below the U.S. median of $81,604. About 11.9% of households earn $200,000 or more, while 14.4% earn less than $25,000.
Median household income: Florida vs. U.S.
Median household income (yearly)
Show the data table
| Measure | Florida | U.S. |
|---|---|---|
| Median household income (yearly) | $77,735 | $81,604 |
American Community Survey 2024 1-year estimates. Source: American Community Survey (U.S. Census Bureau)
Household income distribution in Florida
Show the data table
| Range | Florida | U.S. |
|---|---|---|
| Less than $10,000 | 5.2% | 5.1% |
| $10,000–$14,999 | 3.1% | 3.3% |
| $15,000–$19,999 | 2.8% | 2.8% |
| $20,000–$24,999 | 3.3% | 3.2% |
| $25,000–$29,999 | 3% | 3% |
| $30,000–$34,999 | 3.7% | 3.3% |
| $35,000–$39,999 | 3.6% | 3.2% |
| $40,000–$44,999 | 3.6% | 3.5% |
| $45,000–$49,999 | 3.4% | 3.2% |
| $50,000–$59,999 | 6.8% | 6.4% |
| $60,000–$74,999 | 9.9% | 9.2% |
| $75,000–$99,999 | 13.2% | 12.6% |
| $100,000–$124,999 | 10.6% | 10.4% |
| $125,000–$149,999 | 7.2% | 7.4% |
| $150,000–$199,999 | 8.9% | 9.7% |
| $200,000 or more | 11.9% | 13.7% |
Share of households. Census ACS 2024 1-year estimates, table B19001. Source: American Community Survey (U.S. Census Bureau)
Income and home values
| Measure | Florida | U.S. |
|---|---|---|
| Median household income (yearly) | $77,735 | $81,604 |
| Median home value | $396,900 | $360,600 |
American Community Survey 2024 1-year estimates. Source: American Community Survey (U.S. Census Bureau)
Price levels compared with the U.S.
The Bureau of Economic Analysis publishes Regional Price Parities: price levels for the same basket of goods and services, with the U.S. average set to 100. In 2024, Florida scored 103.4 for all items. The highest category is housing rents at 122.1; the lowest is utilities at 90.1.
Regional price parities by category (U.S. = 100)
All items
Goods
Housing (rents)
Utilities
Other services
Show the data table
| Measure | Florida | U.S. |
|---|---|---|
| All items | 103.4 | 100.0 |
| Goods | 98.1 | 99.6 |
| Housing (rents) | 122.1 | 100.6 |
| Utilities | 90.1 | 98.4 |
| Other services | 101.3 | 100.1 |
Index, U.S. = 100. Bureau of Economic Analysis Regional Price Parities, 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities
Utilities and energy costs
Households in Florida paid an average of 15.0¢ per kWh for electricity in July 2026, compared with 18.3¢ nationally. Over the past 12 months the average residential bill was $169 a month (U.S.: $157).
Energy prices: Florida vs. U.S.
Electricity price (¢/kWh)
Average electric bill (monthly)
Show the data table
| Measure | Florida | U.S. |
|---|---|---|
| Electricity price (¢/kWh) | 15.0¢ | 18.3¢ |
| Average electric bill (monthly) | $169 | $157 |
Residential customers. Electricity price for July 2026; electric bill is a 12-month average. U.S. Energy Information Administration. Source: EIA Electric Power Monthly: residential retail sales
Transportation and commuting
Workers in Florida who commute spend an average of 28.9 minutes getting to work (U.S.: 27.2 minutes). The most common way to get to work is to drive alone (69% of workers); 15.5% work from home. Regular gasoline averaged $4.12 a gallon in Florida in September 2026, compared with $4.36 nationally.
How workers get to work
Show the data table
| Means of transportation | Florida | U.S. |
|---|---|---|
| Drove alone | 69% | 69.2% |
| Carpooled | 10% | 9.2% |
| Public transit | 1.3% | 3.7% |
| Walked | 1.4% | 2.4% |
| Bicycle | 0.5% | 0.5% |
| Worked from home | 15.5% | 13.3% |
| Other (taxi, motorcycle, etc.) | 2.2% | 1.7% |
Share of workers 16 and over. Census ACS 2024 1-year estimates, table B08301. Source: American Community Survey (U.S. Census Bureau)
Travel time to work in Florida
Show the data table
| Range | Florida | U.S. |
|---|---|---|
| Less than 5 min | 1.7% | 2.8% |
| 5–9 min | 6.9% | 9.4% |
| 10–14 min | 11.4% | 13.1% |
| 15–19 min | 14.1% | 15% |
| 20–24 min | 14.4% | 14.1% |
| 25–29 min | 7% | 7% |
| 30–34 min | 16.4% | 13.7% |
| 35–39 min | 3.8% | 3.4% |
| 40–44 min | 4.7% | 4.1% |
| 45–59 min | 9.9% | 8.3% |
| 60–89 min | 6.7% | 6.3% |
| 90 min or more | 2.9% | 3% |
Share of workers who do not work from home. Census ACS 2024 1-year estimates, table B08303. Source: American Community Survey (U.S. Census Bureau)
Child care costs in Florida
In 2022, full-time center-based care for an infant had a median price of $200 a week in the median Florida county, or $10,400 over 52 weeks. That is 15% above the U.S. county median of $174. Prices are for 2022 and are not adjusted for inflation.
Weekly child care prices (2022)
| Type of care | Florida (county median) | U.S. (county median) |
|---|---|---|
| Center-based care, infant | $200 | $174 |
| Center-based care, toddler | $167 | $153 |
| Center-based care, preschool | $155 | $144 |
| Center-based care, school-age | $115 | $120 |
| Home-based family care, infant | $166 | $143 |
| Home-based family care, toddler | $150 | $132 |
| Home-based family care, preschool | $145 | $131 |
| Home-based family care, school-age | $119 | $118 |
Median weekly price for full-time care. State and U.S. figures are medians of county medians. Prices are for 2022 and are not adjusted for inflation. U.S. Department of Labor, National Database of Childcare Prices. Source: National Database of Childcare Prices (U.S. Department of Labor, Women's Bureau)
Food costs
USDA's moderate-cost food plan puts groceries for a family of four at $1,388 a month in August 2026; the thrifty plan comes to $1,024. USDA publishes these as national averages, not city figures, so they show a typical grocery budget rather than Florida prices.
Monthly cost of food at home (August 2026)
| USDA food plan | U.S. family of 4 | U.S. couple | U.S. single man | U.S. single woman |
|---|---|---|---|---|
| Thrifty | $1,024 | $630 | $383 | $304 |
| Low-cost | $1,126 | $652 | $381 | $331 |
| Moderate-cost | $1,388 | $808 | $478 | $403 |
| Liberal | $1,679 | $1,007 | $583 | $515 |
Family of 4: two adults and two children aged 6–8 and 9–11. For a single man, the Thrifty plan costs more than the Low-cost plan: USDA re-evaluated the Thrifty plan in 2021, while the other plans still use older market baskets. USDA Food and Nutrition Service, Official Food Plans, August 2026. Source: USDA Food Plans: Cost of Food at Home (monthly reports)
What these figures cover
This page uses only federal statistics: the U.S. Census Bureau, the Bureau of Economic Analysis, the Energy Information Administration, the Department of Labor and the Department of Agriculture. It does not include health care figures for Florida; we only publish numbers we can source.
Frequently asked questions
What is the average rent in Florida?
Median rent is $1,589 for a one-bedroom and $1,812 for a two-bedroom unit, including utilities the renter pays.
How much do most renters pay in Florida?
Among renter households paying cash rent, 12% pay less than $1,000 a month, 48.9% pay $1,000 to $1,999, and 39.1% pay $2,000 or more (Census ACS 2024).
How much do you need to make to live in Florida?
To keep the median rent of $1,812 at no more than 30% of income, a household needs about $72,500 a year before taxes. This covers housing only.
Is Florida more expensive than the U.S. average?
Yes. The Bureau of Economic Analysis puts overall prices in Florida at 103.4 for 2024 (U.S. = 100), 3.4% above average. Housing rents score 122.1.
How long is the average commute in Florida?
28.9 minutes one way for workers who commute, compared with 27.2 minutes nationally (Census ACS 2024).
How much does infant day care cost in Florida?
The median price for full-time center-based infant care was $200 a week in the median Florida county in 2022, according to the Department of Labor's National Database of Childcare Prices.