Fans of the Miami Heat basketball team will generally pay the highest average ticket price to catch a game. Here’s how the average ticket price of different Florida teams stacks up. As in other states, baseball games carry the lowest average ticket price. Miscellaneous Cost of Living Factsįlorida has plenty of major league sports teams to keep fans happy. A 31-day STAR card for Jacksonville’s public transportation costs just $50, with a reduced fare of $30. A monthly pass for public transit in Miami-Dade County will cost you $145, or $72.50 if you qualify for a discounted fare. Public transportation options in Florida aren’t amazing, as the Sunshine State is a driving state. The average annual premium in the state is $2,219, or $185 per month. As far as car insurance prices go, Florida has some of the highest average rates based on data from. TransportationĪccording to GasBuddy, Florida’s gas prices average $2.76 per gallon. Floridians pay a tax of 11.44% on satellite services like DirecTV. Service providers bill a maximum of 5.07%, with the remaining 2.37% left for consumers to pay on their own. This comes out to 48 cents per gallon on beer and $6.50 per gallon on spirits.Ī special tax on communications services means consumers pay 7.44% extra on all phone, internet and television services. There’s also a special tax on alcohol, in Florida. Florida’s gas tax is 41.36 cents per gallon on regular gas, the 10th-highest in the nation. The bad news is that Floridians pay high gas taxes. In turn, the state has a sales tax rate that maxes out at 8%, though, which is lower than the top rates in other big states, like California. Some counties add their own sales tax to that 6%, with anywhere from a 0.5% to 2% hike. ![]() ![]() Plus, the average effective property tax rate in Florida is 1.02%, which is less than the national average.įlorida has a statewide sales tax of 6%. As a matter of fact, there’s no state income tax in Florida. Of that estimate, just about $3,000 is allocated for the purchase of food.įlorida is a low-tax state, which means that taxes don’t pay a huge role in the cost of living in Florida. On a larger scale, the MIT Living Wage Calculator shows that an adult with no children in Florida will need a living wage of $25,324 before taxes. In Sarasota, the prices of each of these items is slightly lower at $3.37 and $2.17. In Jacksonville, a gallon of milk goes for $3.58 and a pound of apples is priced at $2.26. Foodĭo you associate food in Florida with gator, Cuban cuisine, citrus, seafood or even key lime pie? Whatever your food style, you’ll pay varying amounts for it depending on where you live within the state. This is likely due to the hot and humid climate, which has many residents running the air conditioning for most of the year. The data from the EIA also shows that residents of Florida consume the sixth most kWh per month in the country at 1,089. That’s 13% higher the national average of $111.67. Residents pay an average monthly electricity bill of $126.44, based on information from the U.S. If you have further questions about how these numbers will affect your personal financial situation, consider working with a financial advisor.įlorida’s energy prices are on the high side. Look through these price differences carefully when searching for a place to live in Florida. rent comparisons for the biggest cities in the Sunshine State. The table below illustrates the home value vs. That places Miami $180 above the national mark and Daytona Beach $157 beneath it. In comparison, the national median rent for a two bedroom apartment is $1,175. According to March 2019 rent data from Apartment List, a two bedroom apartment in Miami has a median rent of $1,355, while the same apartment type in Daytona Beach has a $1,018 median rent. If you don’t have the funds to make a down payment yet, renting could be a legitimate possibility. In fact, its median home value is $317,273. More than 70% of Miami’s residents choose to rent, possibly because home’s are more expensive than other large cities in the Florida. On the other hand, Miami is a much more renter-centric city. ![]() ![]() Many cities in Florida are affordable options for homeowners, such as Jacksonville, where the median home value is $186,519 and more than half of the city’s residents own homes. The state suffered a high rate of foreclosure and home values took a dive, though it’s rebounded nicely. Florida was hit hard by the housing market crash in 2008.
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