FMEA compiled residential utility rates from around the state in September 2019 and found that Gainesville had the highest rate of any municipality, at almost $154 per 1200 kilowatt hours.
Rates from communities of all sizes were collated for the report, which included some from North Central Florida.
Are utilities more expensive in Florida?
To arrive at these figures, we used a Cost of Living Index that compares a dozen Florida communities to the national average in numerous spending categories. A value below 100 indicates that Florida’s cost of living is lower than the national average in that categorytake a look!
Housing Costs in Florida
Let’s start with the cost of housing. Florida’s median home prices in the summer of 2021 were more than $382,000, just a smidgeon below than the national median of $385,000! 4
Rent, on the other hand, is a different story: Florida’s median monthly rent for a two-bedroom apartment was approximately $1,500, nearly 27% more than the national median of $1,200! 5
Remember that not all of Florida is the same price. When entire housing costs are taken into account, Florida ranges from 17% lower than the national average in Daytona Beach to 51% more in Fort Lauderdale! 6
Check out the cost differences between these Florida cities to choose the one that best matches your budget:
In Florida, utility expenses such as energy and phone use range from 13% lower than the national average in Tallahassee to 56% higher in Gainesville. 8 In terms of utility expenses, Miami is in the middle of the pack among Florida cities, and is nearly identical to the national average. You’ll definitely want to turn up the air conditioning. The Miami Heat aren’t called that for nothing.
We’re going to Publix, so grab your shopping basket! If you move to Florida, you might be able to buy some oranges and key lime pies at this prominent Southeastern supermarket chain, which was founded and is headquartered in the Sunshine State. In Florida, grocery prices range from 4% lower than the national average in Pensacola to 19% higher in Miami. 9
Tampa, on the other hand, is in the middle of the Florida price spectrum. For roughly $12, you can get a picnic of fried chicken, bread, salad, chips, and soda in Tampa, which is 4% higher than the national average. 10 But, hey, a beach picnic is surely worth the extra cash.
Get your engines going! Transportation costs in Florida range from 12% less than the national average in Jacksonville to 11% more in Fort Myers. 11
When it comes to transportation, Daytona Beachhome to everything racing, including NASCAR’s headquarters and the Daytona 500falls into the middle of the pack among Florida communities, with transportation expenses nearly 2% cheaper than the national average.
Because Florida is mostly a driving state, you’ll want to purchase the correct coverage to keep your transportation costs down. Talk to one of the independent insurance brokers we recommend about bundling your auto insurance for a discount.
In Jacksonville, health-care expenses are 16 percent lower than the national average, while in Vero Beach, they are 10% higher. 13 Meanwhile, Tampa, on Florida’s Gulf Coast, is in the middle of the pack, with health-care expenses that are nearly 2% cheaper than the national averagenot bad. 14
Here’s how Tampa’s health-care prices compare to those in the rest of the country:
Can you guess how much Florida’s income tax is? Nothing, zilch, zilch, zilch, zilch, zilch, zilch, zilch 16 That’s correct, the Sunshine State doesn’t deduct any of your hard-earned money from your paycheck or retirement income, which is one of the many reasons why Florida is such a popular retirement destination.
Keep in mind that Florida’s state sales tax is still 6% or 7.08 percent if you include the state’s average local tax rate.
17 However, considering the percentage, Florida is only the 22nd highest in the USA in terms of overall sales tax. 18
The negative is that Florida has some of the highest telephone and gas taxes in the country, as well as some additional unique taxes.
19 Don’t worry if all of this tax stuff makes you dizzy. Connect with one of our certified tax advisors to learn more about how moving to Florida will affect your taxes.
Miscellaneous Goods and Services
Miscellaneous costs cover a wide range of goods and services, such as typical restaurant fare, clothing, entertainment, activities, and personal care. These prices in Florida range from 8% cheaper than the national average in Palm Coast to 8% higher in Fort Myers. 20
Gainesville is the most affordable city in Florida in terms of miscellaneous costs, which are 3% lower than the national average. The average “Florida Man” can order a pizza for $9, get a haircut for $22, and buy a new shirt for $24 in Gainesville. For comparison, the typical U.S. city’s prices are $11, $19, and $31. 21
In Florida, how much do electric bills cost?
The cost of energy in Florida is quite expensive. According to the US Energy Information Administration, residents pay an average monthly electricity price of $126.44. (EIA). The national average is $111.67, thus this is a 13 percent increase.
According to EIA data, Florida people utilize the sixth most kWh per month in the country, at 1,089. This is most likely owing to the hot, humid climate, which forces many households to use air conditioning for the majority of the year.
What in Florida consumes the most electricity?
- Florida used less energy per capita than all but three other states in 2019, but it was the third-largest energy consumer overall, using nearly eight times as much as it produced.
- Florida’s many tourists contributed to the state being the third-largest consumer of motor gasoline in 2019 and the third-largest consumer of jet fuel in 2020.
- Natural gas generated over 75% of Florida’s total electricity net generation in 2020, making it the state’s second-largest electricity generator behind Texas.
- The residential sector in Florida consumes more than half of the power consumed in the state, accounting for the biggest percentage of any state. More than 9 out of 10 families use electricity for home heating and air conditioning.
- Florida will surpass Arizona in total solar power generating capacity in 2020, putting it fourth in the country behind California, Texas, and North Carolina.
Who in Florida has the highest electric rates?
FMEA compiled residential utility rates from around the state in September 2019 and found that Gainesville had the highest rate of any municipality, at almost $154 per 1200 kilowatt hours. Rates from communities of all sizes were collated for the report, which included some from North Central Florida.
Which state has the most expensive utility bills?
While there are plenty of reasons to call any of these states home, one of them is probably not enjoying your utility bills.
When you arrive in this tropical paradise, do you get a sense of aloha? When you get your first utility bill, you might not notice it as much. Due to the remote location of the islands and the expenditure connected with bringing these crucial resources to the people who live there, natural gas and power costs are high.
Which city has the most expensive energy?
Because of its rising population, clean energy breakthroughs, and young workforce, this city is often referred to as the San Francisco of the South. Despite being one of the loveliest and cleanest cities on the list, it nevertheless has a price tag. Fortunately, I don’t see Charlotte’s living costs rising significantly in the near future, and utilities are only about $7.00 higher than the national average of $253.00.
Which service is the most costly?
1. Hawaii: Hawaii’s main culprits are electricity and natural gas, both of which are among the most expensive in the US. The average monthly cost of electricity is $300.04, while natural gas is $232.20. This helps to explain Hawaii’s high average monthly power bill of $730.86.
3. Rhode Island: Natural gas and internet expenses in Rhode Island are among the highest in the US, ranking fourth and second, respectively.
4. Connecticut: Natural gas costs an average of $114.11 per month in Connecticut, which is more than the national average. Connecticut’s average electricity cost of $187.29 is very high, ranking third in the country.
5. New York: The average cost of electricity in New York is $173.84 per month. This helps to explain why the average monthly utility expenses in the state are so high.
6. New Hampshire: At $169.35 and $107.67, respectively, New Hampshire’s electricity and natural gas costs are higher than the national average.
8. Massachusetts: Electric bills in Massachusetts are among the highest in the country, averaging $185.05 per month.
9.Vermont: Monthly electricity and natural gas bills in Vermont are higher than the national average, at $160.20 and $110.43, respectively. As a result of this combination, this state is ranked eighth on this list.
10. Maine: Maine is at the bottom of the list of states with the highest utility costs. Maine residents may see why they’re in 10th place by looking at their average natural gas and electricity rates, which are $146.30 and $132.04, respectively.
2. Utah: Utah has below-average power, natural gas, and internet service. At $52.33 per month, natural gas is the second most cheap fuel in the US.
3. Montana: Montana is the third-cheapest state for utility expenses, with natural gas costing an average of $52.12 per month in 2018, the lowest rate in the US.
5. Nevada: Low natural gas prices are a major element in Nevada’s ranking as the fifth most cost-effective state in the United States. Electricity is also reasonably priced here, costing an average of $101.71 per month in 2018.
6. Louisiana: The average monthly electric bill in Louisiana was $86.83 in 2018. Because of this, the state was ranked sixth most economical in terms of monthly utility expenses.
7. Oregon: Residents of Oregon are lucky in that their monthly electricity and natural gas bills are lower than the national average. As a result, the state boasts some of the most affordable monthly utility costs in the country.
8. South Dakota: While their power rates aren’t particularly cheap, residents of South Dakota pay less for internet service and natural gas than the majority of their countrymates.
9. Arkansas: With an average monthly electric bill of $89.52, Arkansas is one of the lowest-cost states in the US. The average internet bill in the state was $51.04 per month, which placed 48th in the US.
10. Wisconsin: In 2018, Wisconsin’s monthly power expenses were among the highest in the country, but internet connection and natural gas costs were significantly lower than the national average.
Are water costs in Florida expensive?
With a few exceptions, the water part of a utility bill is often smaller than power, gas, cable, and internet. In 2019, an average U.S. family of four paid $72.93 a month for water, based on 100 gallons per person per day. The least costly cost of water in any state, according to RENTCaf data, is in Florida, where the average cost of a water bill is $6. Wisconsin and Vermont come in second and third, respectively, with average water costs of $18.
At $95 a month, Alaska has the most costly water expenditures of any state, followed by West Virginia at $72. Florida ($6), Wisconsin ($18), Vermont ($18), Maine ($19), North Carolina ($20), Arkansas ($22), District of Columbia ($22), Mississippi ($23), Nebraska ($23), and South Dakota ($24) are the 10 states with the lowest water prices.