Florida vs Georgia: Cost of Living
Side-by-side comparison · 2023 Census ACS & Tax Foundation data
Florida
- Median Home
- $325,000
- Median Rent
- $1,564/mo
- Median Income
- $71,711
- Income Tax
- None
Georgia
- Median Home
- $272,900
- Median Rent
- $1,306/mo
- Median Income
- $74,664
- Income Tax
- 5.5%
| Category | Florida | Georgia |
|---|---|---|
| Median Home Value | $325,000 | $272,900 |
| Median Gross Rent | $1,564/mo | $1,306/mo |
| Median Household Income | $71,711 | $74,664 |
| Per Capita Income | $41,055 | $39,525 |
| Unemployment Rate | 4.8% | 5.1% |
| Poverty Rate | 12.6% | 13.5% |
| Avg Commute | 29.7 min | 28.9 min |
| Taxes | ||
| State Income Tax (top rate) | None | 5.5% |
| Total Sales Tax | 7.0% | 7.3% |
| Property Tax Rate | 0.9% | 0.9% |
Green = better value for that metric. Data from 2023 Census ACS 5-Year Estimates and Tax Foundation.
Frequently Asked Questions
Is Florida or Georgia cheaper to live in?
Based on median home values, Georgia is more affordable. Florida's median home value is $325,000 vs Georgia's $272,900. However, income levels also matter — Florida's median household income is $71,711 while Georgia's is $74,664.
Does Florida or Georgia have lower income taxes?
Florida has no state income tax. Georgia's top state income tax rate is 5.5%.
What is the difference in cost of living between Florida and Georgia?
Median home values differ by $52,100. Median rents differ by $258/mo. Median incomes: Florida $71,711, Georgia $74,664.