The Cost of Living in Florida Vs. Texas

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Florida and Texas each provide distinct advantages that draw people from all across the United States to live and vacation there, with distinct safety, quality-of-life and tax burdens depending on where you choose to reside.

Florida truly is known as “The Sunshine State!”

Cost of Living

Cost of living calculators can help you assess where to live by providing estimates of how much income is necessary to meet basic expenses in any location, which can provide invaluable information when considering relocation or purchasing real estate in another state.

Florida may boast lower overall living costs than Texas; however, its housing costs surpass the national average due to a number of factors; including its many popular cities that drive up rental costs.

Florida remains an affordable living option despite high real estate costs in smaller towns and rural areas, while utility prices in Florida are significantly less than the national average, making Florida an excellent option for those looking to enjoy the sun and sea without breaking their budget.


Many individuals considering moving to Florida or Texas do so with affordability as their top priority, according to Business Insider. Both states are popular choices among those looking for refuge from skyrocketing property taxes and stringent lockdown policies in New York, Business Insider reports.

Florida housing costs are higher than Texas when it comes to housing costs, meaning you will require a higher living wage in Florida to make ends meet than in Texas.

Real estate prices differ depending on where you live, with Florida typically boasting higher average home prices than Texas. Rent prices have also seen steady increases. Ascertaining these costs impacts is essential when creating an effective budget plan and Unbiased can connect you with a financial advisor who will assist in developing one tailored to meeting your goals.


Food expenses are one of the main costs consumers face. From milk purchases to fast-food chain meals, food costs can quickly add up and impact your daily budget.

Consumer Expenditure Survey data indicates that Americans spend over $7,000 each year on food expenses. Consumers can control this expense by eating out less and cooking at home more. Entertainment costs, such as movie tickets or box seats at baseball games can vary widely depending on where you live; for instance, a movie ticket in Houston might cost more than in Dallas; utility prices also influence cost of living factors.


Florida and Texas are popular choices among newcomers because of their affordable living costs and warm climates, but which state should you choose? To make an informed decision, it is essential to compare how each state compares on critical factors such as crime rates, housing market security, affordability and lifestyle amenities.

Home values in Florida tend to exceed national averages while rent prices tend to be lower; but overall you would require a higher salary in Florida to maintain the same standard of living than you would in Texas.

NerdWallet’s cost of living calculators take into account household size and essential expenses such as food, utilities and transportation – but do not take into account local taxes which vary based on state and metropolitan area.

Health Care

One key factor when deciding between Florida and Texas is cost of healthcare. Although both states have expanded insurance coverage, some people still face financial barriers when accessing medical services. According to a new survey, about one third of New Yorkers and Californians reported postponing or forgoing treatment due to costs; only about three out of 10 Floridians and Texans did this.

Florida and Texas both boast lower overall costs of living than the national average when considering home prices and utility rates, plus both offer wide ranging industries that employ people. Texas boasts an active housing market in Dallas and Austin where young professionals take advantage of strong incomes, low crime rates, affordable homes and a forward-thinking culture to take advantage of Texas’ benefits.