Can you live cheap in Florida?
Despite being a haven for beachfront homes, celebrities, and year-round tourism, Florida is still an affordable place to live. If you have some flexibility when moving to the Sunshine State, you can still find an affordable cost of living in Florida that boasts beaches, culture, and a strong job market.
Where do the rich live in Florida?
Palm Beach
In Florida, Palm Beach is home to more billionaires than any other city. A total of 11 billionaires live in Palm Beach with a combined net worth of $61.6 billion. Of Palm Beach residents with a minimum 10-figure net worth, Thomas Peterffy is the wealthiest, worth an estimated $25.2 billion.
Is moving to Florida worth it?
Florida is also a hugely popular destination for retirees. It has no state income tax, a low cost of living, and its large population of retirees means that there are lots of recreational activities for seniors. It also has a huge selection of Active Adult Communities and a decent healthcare system.
What are the most affordable places to live in Florida?
According to Money magazine, Deerfield Beach, Florida is one of the most affordable places to live if you are looking for living by the beach. Most beach side property is priced well over $400,000.
What are the most affordable cities in Florida?
Located in Central Florida just East of Tampa, Fort Meade is the Sunshine State ’s most affordable city for 2019. This little city in Polk County crushed our HomeSnack’s snackabiliy scale by earning an 8.5/10 for affordability.
What is the cheapest city in Florida?
Panama City boasts ample employment opportunities, services, and activities relative to its low housing cost, which is why it tops our list of the cheapest places to live in Florida.
Where is the cheapest place to retire in Florida?
The Cheapest Place to Retire in Florida. Bartow, Florida, 40 miles east of Tampa, is one of the cheapest places to retire in the state.