CostByState

Texas vs Florida

A side-by-side comparison of Texas and Florida — taxes, housing, income, and cost of living — with a salary-equivalence calculator for anyone considering the move.

vs
Salary$Household
Housing
regional rent-level cost of living

Take-home pay on $100,000

Texas

$79,180/yr take-home

$6,598/mo · 20.8% effective tax

Federal tax
$13,170
State tax (None)
$0
FICA
$7,650

Florida

$79,180/yr take-home

$6,598/mo · 20.8% effective tax

Federal tax
$13,170
State tax (None)
$0
FICA
$7,650

The numbers

Median home pricelower is cheaper
Texas
$302,550
Florida
$377,578
Mortgage on median home (6.43%, 20% down)principal + interest
Texas
$1,519/mo
Florida
$1,895/mo
Median household incomehigher is better
Texas
$79,721
Florida
$77,735
Per-capita income
Texas
$41,614
Florida
$43,582
Home price ÷ incomeyears of income per home
Texas
3.8×
Florida
4.9×
Electricity
Texas
17.0¢/kWh
Florida
15.4¢/kWh
Population
Texas
31,290,831
Florida
23,372,215

Monthly cost of living · renting

Texas$3,591/mo
Florida$3,827/mo
HousingFoodTransportHealthcareOther

Salary equivalence

$100,000 in Texas buys the same lifestyle as $107,397 in Florida

For a household of 1 adult, renting. Florida's cost of living is 106.6% of Texas's, and the figure accounts for both states' income taxes. Home price is an asset; this compares monthly living cost. An estimate, not financial advice.

Texas vs Florida: what the numbers say

Thinking about moving from Texas to Florida? Here's how the two states line up on the numbers that shape your budget. On state income tax, Texas is None and Florida is None.

Housing is usually the biggest factor. A typical home costs $302,550 in Texas versus $377,578 in Florida — Texas is cheaper by about $75,029. Overall cost of living runs $3,591 a month in Texas and $3,827 in Florida for a single adult, and the typical household earns $79,721 versus $77,735.

Because prices differ, the same paycheck stretches differently: Florida's cost of living is about 106.6% of Texas's. Use the calculator above to see exactly what your Texas salary would need to be in Florida to keep the same lifestyle, taxes included.

Income matters too, not just costs. The typical household earns $79,721 in Texas versus $77,735 in Florida, so a state that looks pricier on paper can still come out ahead if local pay is higher. That's why the salary-equivalence figure — which folds in both taxes and cost of living — is a better guide for a move than any single cost-of-living index on its own.

Frequently asked questions

Is it cheaper to live in Texas or Florida?
Texas has the lower typical monthly cost of living for a single adult. The table above breaks down housing, taxes, and more, and the calculator shows the salary equivalence between the two.
What salary do I need in Florida to match Texas?
It depends on your current salary and filing status. Enter them in the calculator above to see the Florida salary that preserves your Texas purchasing power after taxes and cost-of-living differences.

Explore further

Dig into either state on its own, or compare a different pair.

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