Cost of Living Comparison
Quality of Life

Florida vs Georgia: Cost of Living

Georgia is cheaper overall by 7.1 cost-of-living points, but Florida has no state income tax, but Georgia has lower median home values.

Florida flag
Florida
FL • South
100.5
Composite cost of living index (100 = national average). Lower = more affordable.
Georgia flag
Georgia
GA • South
Winner
93.4
Composite cost of living index (100 = national average). Lower = more affordable.

Visual Comparison

Florida 100.5
Georgia 93.4

Difference: 7.1 points — Georgia leads.

Overview

A fast-reading view of the tradeoffs behind the raw cost numbers.

Living Costs
Overall

Georgia feels cheaper overall

Georgia has the lower cost-of-living index, beating Florida by 7.1 points on the overall affordability baseline.

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Housing

pay about 1.3x more for a home

Georgia has the lower median home value, while buying in Florida costs materially more at the median.

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Rent Pressure

Georgia puts less pressure on a median paycheck

Median rent takes a smaller share of household income in Georgia than in Florida, which makes monthly budgeting easier.

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Taxes

Florida has no state income tax

Florida gives residents a cleaner paycheck-level tax advantage, while Georgia still taxes income at the state level.

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Cost Stack

Florida
Overall Affordability
Cost of living index
100.5
Regional price parity
100.7
Regular gas price
$4.198/gal
Electricity price
15.92 c/kWh
Housing
Median gross rent
$1,444/mo
Median home value
$348,000
Owner costs with mortgage
-
Owner costs without mortgage
-
Taxes
State income tax
None (0%)
State sales tax
6.00%
Property tax
0.76%
Income
Median household income
$67,917
Income after median rent
$4,216
Minimum wage
$14.00/hr
Laws
Gun laws
Permissive
Alcohol system
License State
Marijuana status
Medical
Georgia
Overall Affordability
Cost of living index
93.4
Regional price parity
93.4
Regular gas price
$3.716/gal
Electricity price
14.46 c/kWh
Housing
Median gross rent
$1,211/mo
Median home value
$277,000
Owner costs with mortgage
-
Owner costs without mortgage
-
Taxes
State income tax
5.49%
State sales tax
4.00%
Property tax
0.77%
Income
Median household income
$71,355
Income after median rent
$4,735
Minimum wage
$5.15/hr
Laws
Gun laws
Permissive
Alcohol system
License State
Marijuana status
Medical

What Stands Out

  • Georgia has lower median home values.
  • Florida has no state income tax.
  • Georgia has the lower overall cost index.
  • Georgia has the higher median household income.

What This Means

Florida vs Georgia: Cost of Living in context

Georgia has a cost of living of 93.4, compared with 100.5 in Florida. Composite cost of living index (100 = national average). Lower = more affordable.

Florida
100.5
Georgia
93.4
Difference
7.1 points

People Also Ask

Florida vs Georgia Cost of Living — Common Questions

Q What is Florida's cost of living?

Florida's cost of living is 100.5.

Q What is Georgia's cost of living?

Georgia's cost of living is 93.4.

Q Which state has a lower cost of living — Florida or Georgia?

Georgia is cheaper overall by 7.1 cost-of-living points, but Florida has no state income tax, but Georgia has lower median home values.

Sources: Core demographic data comes from the 2020 U.S. Census, with land area from U.S. Census Bureau TIGER files. Income, housing, affordability, and tax fields are maintained in our comparison dataset, with minimum wage data from the U.S. Department of Labor, gas prices from AAA, and electricity rates from the U.S. Energy Information Administration. Political control and election fields use 2024 presidential results together with National Conference of State Legislatures data. Gun-law labels use the Giffords scorecard, alcohol system data comes from NABCA, and marijuana status uses NCSL's state cannabis laws tracker.