Housing Comparison
California
Florida
How California and Florida compare on housing: median housing value, median gross rent, median monthly owner costs with mortgage, and more.
Overview
Key differences
Median Housing Value
Florida has lower median home values than California by $345,700.
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Median Gross Rent
Florida has lower median rent than California by $412.
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Median Monthly Owner Costs With Mortgage
Florida has lower owner costs with a mortgage than California by $833.
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Owner Costs Without Mortgage
Florida has lower owner costs without a mortgage than California by $116.
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Homeownership Rate
Florida has a higher homeownership rate than California.
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Home Value to Income Ratio
Florida has a lower home value to income ratio than California.
View detailed comparisonFull Housing Breakdown
| Metric |
CA
|
FL
|
|---|---|---|
|
Median Housing Value
|
$693,700
|
$348,000
|
|
Median Gross Rent
|
$1,856/mo
|
$1,444/mo
|
|
Median Monthly Owner Costs With Mortgage
|
$3,001/mo
|
$2,168/mo
|
|
Owner Costs Without Mortgage
|
$882/mo
|
$766/mo
|
|
Homeownership Rate
|
55.8%
|
67.0%
|
|
Home Value to Income Ratio
|
8.25x
|
5.12x
|
|
Rent to Income Ratio
|
26.5%
|
25.5%
|
|
Owner Costs to Income
|
21.0%
|
19.2%
|
|
Home Insurance Cost
|
$1,348/yr
|
$10,240/yr
|