Is it Expensive to Live in Central Florida?

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Last Updated on January 29, 2024

There is a reason why Florida is known as the “Space Coast.” The state is full of beautiful beaches and plenty of opportunities for one to get into space. If you are looking to relocate to Florida, especially to the central part of the state, you might be wondering if it’s worth it. The cost of living in Florida is definitely high, and some people might even call it excessive. If you’re looking to live a life of luxury, you might want to consider other states. Otherwise, you might want to rethink moving to Florida.

How Is the Cost of Living in Florida?

The cost of living in Florida is high because:

The state is expensive to live in. The cost of living in Florida is about 15% higher than the national average. There are plenty of luxurious areas in Florida, though, so if you want the good life, you’ll have to pay for it. The property tax is high. One of the major complaints people have about Florida is the high property tax. If you buy a house or condo in a decent area, you’ll have to pay thousands in taxes each year. It’s a pain, especially if you’re trying to save for retirement or build a nest egg. There is a high demand for workers in Florida. Thanks to the sunshine state’s hot weather and beautiful beaches, there is a high demand for people to work there. According to the Bureau of Labor Statistics, around 60,000 people are needed in Central Florida to keep the economy running. If you’re looking to relocate there for work, you might want to consider searching for a location with a high demand for your skills. The state has a lot of social events and festivals. If you love to socialize and meet people, you’ll have your pick of festivals and social events to attend. People in Florida enjoy their lives and take pride in their communities. If you’re looking to relocate there for a change of pace, you might want to consider attending some of these events to meet people. Florida is frequently affected by natural disasters. Most people in Florida have experienced the devastating effects of hurricanes and other natural disasters. If you move there and a disaster hits, you’ll have to deal with the overwhelming consequences. Everyone in Florida knows how serious these situations can be, so if you’re looking for a cheap place to live, Florida might not be the best option. Try a safe location in a warmer state if you’re worried about hurricanes. The crime rate in Florida is high. If you want to live in a safe and secure neighborhood, you might want to consider moving out of state. Although the crime rate in Florida is not as bad as in other parts of the country, it’s still relatively high compared to other states. The last thing anyone wants is to live in fear of being robbed or assaulted. If you’re looking for a place where you can easily walk around without worry, you might want to look elsewhere.

 

Is Central Florida Worth It?

If you’re looking to relocate to Florida for work, you have a lot to choose from. The space coast offers a lot of opportunities for those in the STEM (science, technology, engineering, and math) industries. According to Payscale, a popular online salary marketplace, the average salary for someone with a bachelor’s in computer science in Florida is around $77,000 per year. The average salary for someone with a bachelor’s in economics is around $66,000 per year. There is also a high demand for software engineers and computer scientists in Central Florida, which is unsurprising considering the state is home to the Institute of Computer Science at the University of Central Florida. If you are interested in a career in tech, you can’t go wrong.

On the other hand, if you want to live in Florida and are considering the Central part of the state, you might not want to. The cost of living there is very high, and it’s one of the most expensive places to live in the country. Just a few items can put a major dent in your wallet, especially if you’re not used to spending a lot of money. For example, groceries can cost you a fortune, and gas is extremely expensive, often leading to financial stress. If you are lucky enough to get a job that offers health insurance, there will be monthly premiums to pay, which can add up quickly.

Despite having a lot of expensive habits, life in Florida is still luxurious. The beaches are beautiful and serene, there is plenty to do in the summer, and the winters are a pleasant change from the freezing temperatures people are used to in other parts of the country. If you think you can handle the high cost of living in Florida, then go for it. Just make sure you’re prepared for the high prices that come along with it – otherwise, you might end up regretting your decision to move to Florida.