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Is it cheaper to live in MA or FL?

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ago by (1.3k points)
It's cheaper to live in FL than it is to live in MA.

Florida is 11.3 percent cheaper to live in than MA or Massachusetts.

The living expenses and childcare, entertainment, sports, housing, transportation, groceries and even cost of dining out in FL is cheaper in FL than MA.

The cost of living between Florida and Massachusetts, swings in favor of Florida.

While the housing prices can vary significantly, the state of Florida is often more affordable in the average cost of living.

For example, the median home price in Florida is only around $329,000.00 and in MA or Massachusetts the median home price is over $623,000.00.

MA is a good place to live, but Florida is much cheaper to live than MA.

Even living in Florida on $3,000.00 a month or $36,000.00 a year, is possible as a single person, but it requires strategic budgeting and avoiding major tourist hubs.

To make this work, your housing costs must remain under $1,000.00 to $1,200.00 per month.

Housing will be your largest expense and so you will need to target lower cost of living areas, instead of major metro areas.

Look into northern and central inland cities of Florida for cheaper living costs, like Panama City, Pensacola, Lakeland Florida or even Ocala Florida as these areas of Florida offer average one bedroom rents and living costs, which easily fall under your threshold.

Avoid the metros for lower cost of living as places like Orlando Florida, Tampa Florida, Fort Lauderdale and Miami Florida will eat up 45 percent or more of your income on rent alone.

In Massachusetts, per Census estimates, 182,947 residents moved out of state.

The largest portion, about 66,000 residents of MA, moved to a foreign country.

In addition, the top states residents of MA moved to were California, New Hampshire, New York, and Rhode Island.

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