Cheapest Areas to Live in Florida – The Cheapest Places – Find an Affordable Place
In the pursuit of affordable living options, Florida offers numerous areas that cater to a range of budgets. With its sunny climate, diverse attractions, and vibrant communities, the Sunshine State of Florida is an enticing destination for those seeking a lower cost of living. If you’re looking to make the most of your Florida budget without compromising on quality of life in Florida, we’ve conducted a comprehensive Florida data study to identify the cheapest places to live in Florida. Our Florida analysis has revealed that Madison County Florida stands out as the most affordable area in Florida, making it an excellent choice for those seeking affordability in the beautiful state of Florida. Check out our other data studies on the cheapest housing in Florida and the average home prices in Florida.
Table of Contents
These are the Cheapest Places in Florida for Living Close to the Beaches or Not
These are the Most Affordable Cities in Florida
These are the Cheapest County Places to Live in Florida
Frequently Asked Questions From People Like You
Methodology:
In an era of rising living prices and financial uncertainty in Florida, the quest for affordable living places in Florida is more pertinent than ever. To provide a comprehensive and reliable guide in the cheapest places in Florida, we embarked on a data-driven study aimed at identifying the most affordable areas to live in Florida. Our study, grounded in rigorous methodology and open-source data, took into account a myriad of factors impacting the cost of living throughout the area of Florida.
Our Florida Affordability Score, calculated for each Florida city and FLorida county in Florida, was determined using a weighted formula: Affordability Score = (Weight1 * Factor1) + (Weight2 * Factor2) + … + (WeightN * FactorN). The factors we evaluated include the Florida cost of life index for the area, Florida median home price for the area, Florida median rent for the area, Florida property tax rates for the area, Florida income to housing cost ratio for the area, Florida unemployment rate for the area, Florida average utility prices for the places, Florida average grocery prices for the place, Florida transportation prices for the place, and Florida health care prices for the place.
We sourced our Florida data from credible public and open data sources, ensuring the integrity and reliability of our findings for the most affordable places to live in Florida. Like similar studies conducted by organizations such as Niche and the Minnesota Department of Employment and Economic Development, our methodology centers on providing a comprehensive assessment of the affordability of an area. It includes key factors such as Florida housing, Florida food, Florida utilities, and Florida taxes, in an attempt to measure the overall Florida affordability and relative Florida cost of living of an area in Florida.
Notably, our Florida study on the affordable places to live in Florida does not describe what Florida families are spending, but rather estimates the Florida cost of living, similar to the approach used in the Minnesota study. This is a crucial distinction as it reflects a realistic and practical evaluation of Florida living costs.
Our Florida analysis on the most affordable places to live in Florida focuses on the potential effects of geographical location in Florida on Florida living costs, examining each Florida city and Florida county individually in Florida. This approach allows us to deliver more detailed and useful information to our readers in our study on the cheapest places to live in Florida.
We hope that this Florida study serves as a trusted resource in your quest for affordable living in Florida. Stay tuned for a comprehensive exploration of our Florida findings in the subsequent sections of this Florida article.
These are the Cheapest Places in Florida for Living Close to the Beaches or Not
1. Madison County
Madison county is the cheapest place to live on our list and there is no other cheaper city or county in the state.
Affordability Score = 21,410.72675
Average Cost of a House for People in Madison County Florida: $142,000
Average Property Taxes for People in Madison County Florida: $736
Average Housing Cost to Income Ratio for People in Madison County Florida: 26.95%
Average Unemployment Rate for People in Madison County Florida: 2.8%
Madison County, Florida, is the cheapest charming rural locale town situated in the northern part of the state. Although it doesn’t have any beaches due to its inland location, it offers a wealth of other attractions. Bordered by other counties and the state of Georgia to the north, Madison County is a place renowned for its historic sites and abundant outdoor recreational activities. Its lack of direct coastal access does not diminish its appeal, as it continues to captivate visitors with its unique charm and diverse offerings. Visit this place and put it on your list of cheap places to live in Florida. The average cost of life insurance is $21 per month.
2. Dixie County
Affordability Score ≈ 23,244.98
Average Cost of a House for People: $154,450
Average property taxes for People: $503
Average Housing Cost to Income Ratio for People: 17.20%
Average Unemployment Rate for People: 3.1%
Dixie County, is the second cheapest with an affordability score of approximately 23,244.98 for this place, this place stands out as one of the most economical places to live in Florida. This county offers a unique blend of affordability and coastal living, making it an attractive choice for those seeking a cost-effective lifestyle without sacrificing proximity to Florida’s renowned beaches. The average property tax in Dixie County is a mere $503, and the housing cost to income ratio is a low 17.20% for this place, further emphasizing the affordability of this place so no need for personal loans. Whether you’re a retiree seeking budget-friendly places to live or a young professional looking for a cost-effective place to start, Dixie County could be your ideal destination in your search for a town or place to call home. The average cost of car insurance is $104.76 per month.
3. Calhoun County
Average cost of a house: $164,711
Average property taxes: $725
Average housing cost to income ratio: 25.75%
Average unemployment rate: 2.8%
Affordability Score ≈ 24,818.475
Calhoun County, is the third cheapest with an affordability score of approximately 24,818.475, emerges as one of the most cost-effective places to live in Florida. This rural county offers a blend of affordability and tranquility, making it an attractive option for those seeking a slower pace of life out of the available places to live. The average property tax in Calhoun County is a mere $725, further enhancing its affordability as one of the best places to live that is cheap. Despite its rural character, the county’s unemployment rate is relatively low at 2.8%, indicating a stable local economy as one of the best places to live for residents that need to be employed. The housing cost to income ratio is also favorable at 25.75%, suggesting that housing expenses are manageable for most residents that live in this place and finding an affordable neighborhood to live is a reality in this town.
4. Putnam County
Affordability Score = 27,145.77675
Average Cost of a House: $180,000
Average Property Taxes: $813
Average Housing Cost to Income Ratio: 26.75%
Average Unemployment Rate: 3.7%
Putnam County shines as the fourth cheapest and an affordable gem in Florida out of the available places to live. With an average house price of $180,000 and property taxes at $813, the area offers great value. Residents enjoy a healthy housing cost to income ratio of 26.75% and benefit from a low unemployment rate of 3.7%. The region stands out for its quality healthcare, with HCA Florida Putnam Hospital at the heart of the community, offering a wide range of services. The presence of the Cancer Center of Putnam further enhances the healthcare landscape. For a cost-effective, quality lifestyle, consider Putnam County, whether you desire beach proximity or not.
5. Palatka City
Affordability Score ≈ 28,219.260
Cost of Living: 93.2
Average Cost of a House: $187,209.92
Average Food Costs:
$4.80
Average Property Taxes: $813
Average Housing Cost to Income Ratio: 26.75%
Average Unemployment Rate: 3.7%
Palatka, is the fifth cheapest and a small city with a cost of living index of 93.2, is an affordable choice in Florida, whether you want to be near the beach or not. Housing costs are attractive, with an average house price of $187,209.92, and a housing cost to income ratio of 26.75%. The city is home to young professionals and boasts a climate of hot summers and mild winters. Palatka scores well on walkability and public transport, and is surrounded by parks, green spaces, and bodies of water. However, it’s worth noting the safety and employment ratings, with a low average unemployment rate of 3.7%
6. Holmes County
Affordability Score ≈ 28,265.86
Average Cost of a house in holmes county: $186,000
Average Property Taxes: $555
Average housing cost to income ratio: 23.30%
Average unemployment rate: 2.8%
Holmes County, is the sixth cheapest and a charming, rural county with a population of over 20,000, offers an affordable and community-oriented lifestyle. The average cost of a house stands at $186,000, with property taxes averaging $555. With an average housing cost to income ratio of 23.30% and an unemployment rate of 2.8%, this county presents a balance of affordability and opportunity, earning it an impressive affordability score of approximately 28,265.86. From its nature-filled landscapes to community-driven events, Holmes County provides an attractive package for those seeking small-town living with the benefits of a tight-knit community.
7. Lafayette County
Affordability Score = 31,153.918
Average Cost of a House in Lafayette County: $206,735
Average Property Taxes: $938
Average Housing Cost to Income Ratio: 18.70%
Average Unemployment Rate: 2.8%
With its low average housing cost of $206,735 and property taxes of $938, Lafayette County is the seventh cheapest and an affordable living option in Florida, whether you’re yearning for beach proximity or not. Despite the low costs, the county doesn’t compromise on quality of life. Most residents own their homes, and it’s known for its family-friendly environment and highly rated public schools. The affordability score of 31,153.918, combined with a low unemployment rate of 2.8% and a housing cost to income ratio of 18.70%, make Lafayette County an attractive choice for individuals and families seeking to make the most of their dollar in Florida.
8. Hamilton County
Affordability Score = 33,403.2273
Average cost of a house: $222,000
Average property taxes: $668
Average housing cost to income ratio: 26.60%
Average unemployment rate: 3.7%
In Hamilton County, real estate is not only affordable but also charming and the eighth cheapest. With an average house cost of $222,000, property taxes averaging $668, and a housing cost to income ratio of 26.60%, it’s a cost-effective choice. This rural area is rich in history and Southern charm, attracting those who value community and natural beauty. Its low unemployment rate of 3.7% further enhances its appeal, reflected in its Affordability Score of 33,403.2273. From its pristine springs and rivers to its welcoming community, Hamilton County offers a quality of life that is as attractive as its cost of living.
9. Glades County
Affordability Score = 34,535.9744
Average Cost of a House: $229,250
Average Property Taxes: $970
Average Housing Cost to Income Ratio: 24.40%
Average Unemployment Rate: 3.1%
Located in the Florida Heartland, Glades County is the ninth cheapest and a hidden gem that offers affordability, history, culture, and a close-knit town. An average house costs $229,250, with property taxes around $970, making it a cost-effective option. The average housing cost to income ratio of 24.40% underlines its affordability. With a low unemployment rate of 3.1% and an Affordability Score of 34,535.9744, Glades County presents a promising economic picture. Beyond the economics, the county boasts a rich life. Glades County Schools have grown to serve 1,600 students with a diversity score of 0.62 and a student-teacher ratio of 15:1, providing a nurturing educational environment. Whether you prefer the calm of the inland or desire access to Florida’s other attractions, Glades County is a compelling choice.
10. Sebring City
Affordability Score ≈ 35,062.721
Cost of Living: 93.1
Average Cost of a House: $236,812.27
Average Cost of Rent: $1,039
Average Property Taxes: $938
Average Housing Cost to Income Ratio: 30.40%
Average Unemployment Rate: 3.4%
Average Utility Costs: $188.84
Average Food Costs: $3.51
Average Cost of Gas: $3.290
Average Cost of Healthcare: $3,552
Sebring, Florida, emerges as an affordable and inviting place to call home. With a cost of living index of 93.1, it offers a favorable financial landscape. The average house cost of $236,812.27 and rent at $1,039 present affordable housing options in the town. Property taxes average $938, and the housing cost to income ratio is 30.40% in the town. The unemployment rate stands at 3.4%, highlighting a stable economy in the town. Sebring also enjoys reasonable utility costs of $188.84, and essential expenses such as food and gas are also affordable at $3.51 and $3.290, respectively in the town. Healthcare costs average $3,552. These factors contribute to an Affordability Score of approximately 35,062.721, making Sebring an attractive choice for those seeking affordable living in Florida.
10. Sebring City
Affordability Score ≈ 35,062.721
Cost of Living: 93.1
Average Cost of a House: $236,812.27
Average Cost of Rent: $1,039
Average Property Taxes: $938
Average Housing Cost to Income Ratio: 30.40%
Average Unemployment Rate: 3.4%
Average Utility Costs: $188.84
Average Food Costs: $3.51
Average Cost of Gas: $3.290
Average Cost of Healthcare: $3,552
Sebring, Florida, emerges as an affordable and inviting place to call home. With a cost of living index of 93.1, it offers a favorable financial landscape. The average house cost of $236,812.27 and rent at $1,039 present affordable housing options in the town. Property taxes average $938, and the housing cost to income ratio is 30.40% in the town. The unemployment rate stands at 3.4%, highlighting a stable economy in the town. Sebring also enjoys reasonable utility costs of $188.84, and essential expenses such as food and gas are also affordable at $3.51 and $3.290, respectively in the town. Healthcare costs average $3,552. These factors contribute to an Affordability Score of approximately 35,062.721, making Sebring an attractive choice for those seeking affordable living in Florida.
11. Highlands County
One of the Best Affordability Scores = 35,840.77915
12. Suwannee County
One of the Best Affordability Scores = 37,230.5717
13. Lake City
One of the Best Affordability Scores ≈ 37,464.523
14. Jackson County
One of the Best Affordability Scores ≈ 37,522.35
15. Gilchrist County
One of the Best Affordability Scores = 37,633.06293
16. Okeechobee County Florida
One of the Best Affordability Scores = 38,056.2774
17. Tallahassee City
One of the Best Affordability Scores ≈ 39,629.644
Average Cost of Rentals Monthly Median Income: $1,256.80
18. Daytona Beach City
One of the Best Affordability Scores ≈ 40,333.95
Average Cost of Rent for an Apartment or House: $1,345
19. Jefferson County
One of the Best Affordability Scores = 40,799.9269
20. Columbia County
One of the Best Affordability Scores = 41,015.2735
21. Marion County
Affordability Score = 41,234.0304
22. Citrus County
One of the Best Affordability Scores = 42,152.97665
23. Homosassa Springs City
One of the Best Affordability Scores ≈ 42,655.716
Average Cost of Rent for an Apartment or House: $1,081.60
24. Ocala City
Affordability Score ≈ 42,721.3285
25. Union County
Affordability Score = 43,155.77353
26. DeSoto County
Affordability Score = 43,348.92655
27. Bradford County
Affordability Score = 43,477.27645
28. Gainesville Florida
Affordability Score in Gainesville ≈ 44,291.357
Cost of Living in Gainesville: 97.3
Average Cost of a House in Gainesville: $291,620.62
Average Cost of Rent in Gainesville: $1,192.20
Average Utility Costs in Gainesville: $266.12
Average Food Costs in Gainesville: $4.52
Average Property Taxes: $1,984
Average Housing Cost to Income Ratio: 27.75%
Average Unemployment Rate: 2.8%
29. Hardee County
Affordability Score = 44,709.37935
30. Washington County
Affordability Score ≈ 44,880.05
31. Gadsden County
Affordability Score = 45,045.878
32. Hendry County
Affordability Score = 45,173.878
33. Baker County
Affordability Score ≈ 45,203.05
34. Leon County
Affordability Score = 45,264.4774
35. Wakulla County
Affordability Score = 45,322.08185
Average Cost of Rent: $1,141.80
36. Pensacola
Affordability Score ≈ 45,459.109
37. Duval County
Affordability Score = 46,277.02815
38. Taylor County
Affordability Score = 46,986.624
39. Alachua County
Affordability Score = $47,064.92775
40. Lakeland City
Affordability Score ≈ 47,292.6625
Average Cost of Rent: $1,311.60
41. Hernando County
Affordability Score = 47,682.22675
42. Polk County
Affordability Score in Polk and Bartow = 48,931.52635
Average Cost of a House in Polk and Bartow: $324,936
Average Property Taxes in Polk and Bartow: $1,274
Average Polk and Bartow Housing Cost to Income Ratio in Polk and Bartow: 26.35%
Average Polk and Bartow Unemployment Rate in Polk and Bartow: 3.3%
43. Levy County
Affordability Score ≈ 49,057.64
Average Cost of Rent: $895.60
44. Pasco County
Affordability Score for Pasco and Dade City = 49,649.3766
Average Cost of a House in Pasco and Dade City: $329,633
Average Property Taxes in Pasco and Dade City: $1,363
Average Housing Cost to Income Ratio in Pasco and Dade City: 26.60%
Average Unemployment Rate in Pasco and Dade City: 3.0%
45. Volusia County
Affordability Score = 49,699.1777
46. Clay County
Affordability Score = 52,737.3741
47. Brevard County
Affordability Score = 52,739.0272
48. Sumter County
Affordability Score = 54,261.58105
49. Panama City
Affordability Score ≈ 54,433.631
50. Jacksonville City
Affordability Score ≈ 54,867.552
51. Okaloosa County
Affordability Score = 54,950.3264
52. Flagler County
Affordability Score Including All Things = 55,008.3583
53. Punta Gorda City
Affordability Score Including All Things ≈ 55,392.726
54. Lake County
Affordability Score Including All Things = 55,760.97725
55. Tampa City
Affordability Score Including All Things ≈ 55,870.2775
56. Indian River County
Affordability Score Including All Activities = 57,268.3792
57. Seminole County
Affordability Score Including All Activities and Things = 57,964.9761
58. St. Lucie County
Affordability Score Including All Activities = $58,112.77865
59. Escambia County
Affordability Score Including All Activities = 58,597.27755
60. City of Orlando
Affordability Score Including All Parks ≈ 58,713.9055
61. Osceola County
Affordability Score Including All Parks and Kissimmee = 58,782.7339
Average Cost of a House in Osceola and Kissimmee: $389,971
Property Taxes in Osceola and Kissimmee: $1,887
Average Housing Cost to Income Ratio in Osceola and Kissimmee: 30.80%
Average Unemployment Rate: 3.1%
62. Hillsborough County
Affordability Score Including All Parks = $59,152.4266
63. City of Port St. Lucie
Affordability Score Including All Parks ≈ 59,369.8995
64. Bay County
Affordability Score Including All Parks = 59,568.775
65. Santa Rosa County
Affordability Score Including All Parks = 60,799.17385
66. City of The Villages
Affordability Score Including All Beaches ≈ 61,519.3625
67. Liberty County
Affordability Score Including All Beaches ≈ 62,356.637
68. Lee County Including Cape Coral. Storage facilities are prevalent in this area
Lee County and Cape Coral Affordability Score = 62,582.7779
Average Cost of a House for People in Cape Coral: $415,000
Average Property Taxes for People in Cape Coral: $2,197
Average Housing Cost to Income Ratio for People in Cape Coral: 27.90%
69. City of Fort Myers
Affordability Score ≈ 63,786.785
70. Charlotte County
Affordability Score to Be Home Here = 64,002.33195
71. City of Melbourne
Affordability Score to Be Home Here in Melbourne ≈ 64,901.82055
Cost of Living in Melbourne: 99.3
Average Cost of Rent in Melbourne: $1,499.40
Average Cost of a House in Melbourne: $425,000
Average Property Taxes in Melbourne: $1,618
Average Housing Cost to Income Ratio in Melbourne: 27.20%
Average Unemployment Rate in Melbourne: 2.7%
Average Cost of Gas in Melbourne: $3.311
Average Cost of Healthcare: $4,260
72. Nassau County
Affordability Score to Be Home Here = 65,031.67475
73. Pinellas County
Affordability Score to Be Home Here = 67,741.87745
74. Orange County
Affordability Score to Be Home Here = 67,825.87765
75. City of Miami
Affordability Score to Be Home Here ≈ 68,009.29455
76. City of Vero Beach
Affordability Score to Be Home Here ≈ 68,231.50725
77. City of Crestview
Affordability Score to Be Home Here ≈ 68,365.2
78. Broward County
Affordability Score Including All Products = 69,252.64115
79. Franklin County
Median Affordability Score to Be Home Here = 70,108.13
80. Sarasota County
Median Affordability Score to Be Home Here = 70,226.32235
81. Gulf County
Median Affordability Score to Be Home Here = 74,891.71975
82. Manatee County
Median Affordability Score to Be Home Here = 76,798.7778
83. Palm Beach County
Median Affordability Score to Be Home Here = 82,889.7799
Average cost of a house in Palm Beach: $549,900
84. Martin County
Median Affordability Score to Be Home Here = 83,600.2787
85. St. Johns County
Median Affordability Score to Be Home Here = 88,907.5262
86. Naples
Median Affordability Score to Be Home Here ≈ 89,283.8865
87. Walton County
Median Affordability Score to Be Home Here = 94,803.27685
88. Sarasota
Median Affordability Score to Be Home Here ≈ 96,230.9501
89. Miami-dade County
Affordability Score to Be Home Here = 100,165.7324
90. Collier County
Affordability Score to Be Home Here = 127,862.7794
91. Monroe County
Affordability Score to Be Home Here = $130,552.93225
92. Key West
Affordability Score to Be Home Here ≈ 144,150.9015
These are the Most Affordable Cities in Florida
1. Palatka – Affordability Score ≈ 28,219.260
Palatka is the most affordable city out of the cities in the state.
2. Lake City – Affordability Score ≈ 37,464.523
Lake City is the second most affordable city out of the cities in the state.
3. Tallahassee – Affordability Score ≈ 39,629.644
Tallahassee is the third most affordable city out of the cities in the state.
Average Cost of Rent: $1,256.80
4. Daytona Beach – Affordability Score ≈ 40,333.95
Daytona Beach is the fourth most affordable city out of the cities in the state.
5. Homosassa Springs – Affordability Score ≈ 42,655.716
This is the fifth most affordable city out of the cities in the state.
Average Cost of Rent in Homosassa Springs: $1,081.60
6. Ocala – Affordability Score ≈ 42,721.3285
Ocala is the sixth most affordable city out of the cities in the state.
Average Cost of Rent: $1,185
7. Gainesville Florida – Affordability Score ≈ 44,291.357
Gainesville is the seventh most affordable city out of the cities in the state.
Average Cost of Rent: $1,192.20
8. Pensacola – Affordability Score ≈ 45,459.109
This is the eighth most affordable city out of the cities in the state.
Average Cost of Rent in Pensacola: $1,351.20
Cost of Living Index for Pensacola: 97.9
Average Cost of a House: $300,258.58
9. Lakeland – Affordability Score ≈ 47,292.6625
Lakeland is the ninth most affordable city out of the cities in the state.
10. Panama City – Affordability Score ≈ 54,433.631
Panama City is the tenth most affordable city out of the cities in the state.
11. Jacksonville – Affordability Score ≈ 54,867.552
Average Living Cost in Jacksonville is 99.
Average Median Cost of a House in Jacksonville is $362,670.75
Average Monthly Cost of Rent Including All Bedroom Apartment and Houses in Jacksonville is $1,431.60
Top Neighborhoods Average Cost Org of Utilities: $182.76
Average Food Costs Within the Square Miles of Jacksonville: $3.72
Average Property Taxes in Jacksonville: $1,500
12. Punta Gorda – Affordability Score ≈ 55,392.726
12. Punta Gorda – Affordability Score ≈ 55,392.726
13. Tampa – Affordability Score ≈ 55,870.2775
13. Tampa – Affordability Score ≈ 55,870.2775
14. Orlando – Affordability Score ≈ 58,713.9055
15. Port St. Lucie – Affordability Score ≈ 59,369.8995
15. Port St. Lucie – Affordability Score ≈ 59,369.8995
16. The Villages – Affordability Score ≈ 61,519.3625
Average cost of Rent: $1,125.40
17. Fort Myers – Affordability Score ≈ 63,786.785
18. Melbourne – Affordability Score ≈ 64,901.82055
19. Miami – Affordability Score ≈ 68,009.29455
20. Vero Beach – Affordability Score ≈ 68,231.50725
21. Crestview – Affordability Score ≈ 68,365.2
22. Naples – Affordability Score ≈ 89,283.8865
23. Sarasota – Affordability Score ≈ 96,230.9501
24. Key West – Affordability Score ≈ 144,150.9015
These are the Cheapest County Places to Live in Florida
1. Madison County – Affordability Score = 21,410.72675
2. Dixie County – Affordability Score ≈ 23,244.98
3. Calhoun County – Affordability Score ≈ 24,818.475
4. Putnam County – Affordability Score = 27,145.77675
5. Holmes County – Affordability Score ≈ 28,265.86
6. Lafayette County – Affordability Score = 31,153.918
7. Hamilton County – Affordability Score = 33,403.2273
8. Glades County – Affordability Score = 34,535.9744
9. Highlands County – Affordability Score = 35,840.77915
10. Suwannee County – Affordability Score = 37,230.5717
11. Jackson County – Affordability Score ≈ 37,522.35
12. Gilchrist County – Affordability Score = 37,633.06293
13. Okeechobee County Florida – Affordability Score = 38,056.2774
14. Jefferson County – Affordability Score = 40,799.9269
15. Columbia County – Affordability Score = 41,015.2735
16. Marion County – Affordability Score = 41,234.0304
17. Citrus County – Affordability Score = 42,152.97665
18. Union County – Affordability Score = 43,155.77353
19. DeSoto County – Affordability Score = 43,348.92655
20. Bradford County – Affordability Score = 43,477.27645
21. Hardee County – Affordability Score = 44,709.37935
22. Washington County – Affordability Score ≈ 44,880.05
23. Gadsden County – Affordability Score = 45,045.878
24. Hendry County – Affordability Score = 45,173.878
25. Baker County – Affordability Score ≈ 45,203.05
Average Cost of Rent: $975.20
26. Leon County – Affordability Score = 45,264.4774
27. Wakulla County – Affordability Score = 45,322.08185
28. Duval County – Affordability Score = 46,277.02815
29. Taylor County – Affordability Score = 46,986.624
30. Alachua County – Affordability Score = 47,064.92775
31. Hernando County – Affordability Score = 48,931.52635
32. Levy County – Affordability Score ≈ 49,057.64
33. Pasco County – Affordability Score = 49,649.3766
34. Volusia County Including Edgewater – Affordability Score for Volusia and Edgewater = 49,699.1777
35. Clay County – Affordability Score = 52,737.3741
36. Brevard County – Affordability Score = 54,261.58105
37. Okaloosa County – Affordability Score = 54,950.3264
38. Flagler County – Affordability Score = 55,008.3583
39. Lake County – Affordability Score = 55,760.97725
40. Indian River County – Affordability Score = 57,268.3792
41. Seminole County – Affordability Score = 57,964.9761
42. St. Lucie County – Affordability Score = 58,112.77865
43. Escambia County – Affordability Score = 58,597.27755
44. Osceola County – Affordability Score = 58,782.7339
45. Hillsborough County – Affordability Score = 59,152.4266
46. Bay County – Affordability Score = 59,568.775
47. Santa Rosa County – Affordability Score = 60,799.17385
48. Liberty County – Affordability Score ≈ 62,356.637
49. Lee County – Affordability Score = 62,582.7779
50. Charlotte County – Affordability Score = 64,002.33195
51. Nassau County – Affordability Score = 65,031.67475
52. Pinellas County – Affordability Score = 67,741.87745
53. Orange County – Affordability Score = 67,825.87765
54. Broward County – Affordability Score = 69,252.64115
55. Franklin County – Affordability Score = 70,108.13
56. Sarasota County – Affordability Score = 70,226.32235
57. Gulf County – Affordability Score = 74,891.71975
58. Manatee County – Affordability Score = 76,798.7778
59. Palm Beach County – Affordability Score = 82,889.7799
60. Martin County – Affordability Score = 83,600.2787
61. St. Johns County – Affordability Score = 88,907.5262
62. Walton County – Affordability Score = 94,803.27685
Average Cost of Rent: $1,252.60
63. Miami-dade County – Affordability Score = 100,165.7324
64. Collier County – Affordability Score = 127,862.7794
65. Monroe County – Affordability Score = 130,552.93225
Frequently Asked Questions From People Like You
What is the Cheapest Area of Florida to Live?
According to our extensive data study on the affordability of living in Florida, Madison County emerges as the most affordable area in the state. With its low cost of living, Madison County offers residents the opportunity to enjoy a comfortable lifestyle while stretching their budgets further. From affordable housing options to reasonable expenses for daily necessities, Madison County provides an attractive destination for individuals and families looking for affordable living arrangements. Whether you’re seeking a peaceful rural setting or exploring the possibilities of a budget-friendly lifestyle, Madison County stands out as the top choice for those looking for the cheapest area to live in Florida.
Where is the Nicest But Cheapest Place to Live in Florida?
Based on our comprehensive study, Madison County emerges as the most affordable place to live in Florida with an affordability score of 21,410.72675. It’s followed closely by Dixie County and Calhoun County with scores of 23,244.98 and 24,818.475 respectively. These areas offer a lower cost of living, affordable housing, and lower property taxes. For instance, the average cost of a house in Palatka, Madison County, is $187,209.92, and the property tax in Dixie County is as low as $503. Furthermore, the cost of living index in Palatka is 93.2, one of the lowest in the state. Therefore, if you’re looking for the nicest yet cheapest place to live in Florida, consider these counties.
What is the Cheapest County in Florida
Based on our comprehensive study, Madison County emerges as the most affordable county in Florida, with an affordability score of 21,410.72675. This score takes into account various factors such as housing costs, utility costs, food costs, property taxes, and the cost-to-income ratio. However, it’s important to note that while Madison County is the cheapest, it may not necessarily meet everyone’s lifestyle needs or preferences. Therefore, it’s crucial to consider other factors such as employment opportunities, education, healthcare, and amenities when choosing a place to live.
Is Florida a Cheap State to Live In?
Florida’s affordability varies significantly across its cities and counties. Our study shows that Madison County, with an affordability score of 21,410.73, is the most affordable area in Florida. On the other hand, Monroe County, with an affordability score of 130,552.93, is the least affordable. The cost of living index also varies, with Sebring having the lowest index at 93.1 and Key West the highest at 140.
The average cost of a house in Florida ranges from $187,209.92 in Palatka to $958,087.14 in Key West. Rent costs also vary, with Levy County being the cheapest at $895.60 and Fort Lauderdale the most expensive at $2,083.80.
In terms of utilities, Williston has the lowest average cost at $146.04, while Leesburg has the highest at $283.05. The average unemployment rate ranges from 1.7% in Monroe County to 4.1% in Hendry County.
In conclusion, while Florida offers affordable living options in some areas, it can be quite expensive in others. It’s crucial to research and consider these factors when deciding where to live in Florida.