Inflation has crunched everyone’s budget. But the dream of moving to Florida is as strong as ever. Based on the latest census, cities in Florida are seeing both young and old flocking to the sunshine state. According to the latest report by the U.S. Census Bureau, from July 1, 2021, to July 1, 2022 Florida’s population increased by 1.9 percent. In the census, Florida is the third most populous state in the union and saw an increase of 416,754 people over that one year span. That’s a lot of people coming to our state, and that’s what pushed up rents. But they are coming down a little.
Vacancy rates in some Florida cities are creeping up to near 5%, which puts pressure on what landlords can charge. And that’s helping some.
GOBankingRates “analyzed data from Sperling’s Best and the U.S. Bureau of Labor Statistics to determine the average cost for utilities, healthcare, groceries and one-bedroom rents in cities throughout Florida. Cities were then ranked based on their total costs in these four categories, the percent of the population that was 65 and older and the cities’ livability scores, as determined by AreaVibes.” In the data they excluded cities with low livability scores (ie high crime).
The data was originally compiled for seniors looking to retire, but there’s a strong wave of work-from-home families moving here too. So let’s make this a little more open, but remember for the monthly expenditures – this is for one-bedroom rentals. And bare bones spending. I’m in Estero and I couldn’t imagine living on less than $5K a month. But can you live on just $3,000 a month without selling a kidney? You can.
So if you’re looking at cities in Florida for retirement, or looking for a place to move to work from home, here’s the list.
And because things live forever on the internet, the list was compiled on December 18th, 2022. Life moves fast. These lists can change quickly. Some of these places have already passed the 3K/month threshold.
And one other thing to remember if you’re moving to Florida. We drive very fast on the interstate.
