Thinking about moving to the Sunshine State? Florida continues to attract homebuyers from across the country thanks to its no state income tax, warm weather, and vibrant lifestyle. But as with any move, it’s important to understand the Florida cost of living—especially in 2025, when prices and expenses vary significantly by city.
If you’re planning to buy a home, here’s what you need to know about Florida home expenses, from insurance and utilities to property taxes and local differences.
🏠 Home Insurance in Florida: Higher but Necessary
One of the biggest home expenses in Florida is homeowners insurance—and in 2025, it’s more important than ever due to weather-related risks and industry changes.
- Average annual premium (2025): $4,200–$6,500 depending on location and provider
- Factors that affect price: Proximity to the coast, flood zones, roof age, and wind mitigation features
💡 Tip: Homes with newer roofs, hurricane shutters, and updated electrical systems often qualify for lower premiums.
💡 Utilities in Florida: What to Expect Monthly
Thanks to the warm climate, electricity is the largest utility expense, especially in summer months when A/C runs daily.
- Electric: $150–$300/month depending on home size and efficiency
- Water/Sewer: $40–$80/month
- Internet/Cable: $60–$120/month depending on provider
🏡 Energy-efficient appliances, smart thermostats, and solar panels are popular upgrades to help manage Florida home expenses.
🏠 Home Insurance in Florida: Higher but Necessary
One of the biggest home expenses in Florida is homeowners insurance—and in 2025, it’s more important than ever due to weather-related risks and industry changes.
- Average annual premium (2025): $4,200–$6,500 depending on location and provider
- Factors that affect price: Proximity to the coast, flood zones, roof age, and wind mitigation features
💡 Tip: Homes with newer roofs, hurricane shutters, and updated electrical systems often qualify for lower premiums.
💡 Utilities in Florida: What to Expect Monthly
Thanks to the warm climate, electricity is the largest utility expense, especially in summer months when A/C runs daily.
- Electric: $150–$300/month depending on home size and efficiency
- Water/Sewer: $40–$80/month
- Internet/Cable: $60–$120/month depending on provider
🏡 Energy-efficient appliances, smart thermostats, and solar panels are popular upgrades to help manage Florida home expenses.
🏛️ Property Taxes: Varies by County
Florida’s property tax rate is moderate compared to other states, but it can vary by location.
- Statewide average (2025): ~0.83% of assessed home value
- Homestead Exemption: Florida homeowners can save up to $50,000 off their taxable value for a primary residence
- Popular counties:
- Miami-Dade: 0.97%
- Orange County (Orlando): 0.98%
- Hillsborough County (Tampa): 0.96%
- Sarasota County: 0.85%
- St. Johns County (St. Augustine): 0.73%
- Miami-Dade: 0.97%
🔍 Be sure to research county-specific taxes when budgeting for your move.
🌆 Florida Cities: Cost of Living Breakdown in 2025
Here’s a quick comparison of Florida cost of living in key cities:
| City | Median Home Price | Monthly Expenses (est.) | Notes |
| Miami | $580,000+ | High | Coastal insurance, urban energy costs |
| Orlando | $415,000+ | Moderate | Growing tech, family-friendly suburbs |
| Tampa | $430,000+ | Moderate | Strong resale market, lower property taxes |
| Jacksonville | $370,000+ | Lower | Affordable housing, lower utility costs |
| Sarasota | $510,000+ | Moderate-High | Popular for retirees, beach lifestyle |
| Tallahassee | $320,000+ | Low | More affordable overall, inland safety from storms |
Each city has its trade-offs. While Miami offers a world-class lifestyle, smaller cities like Tallahassee or Ocala may provide more budget-friendly options.
📊 Budgeting Tips for Florida Homebuyers in 2025
- Use a total cost calculator (not just mortgage payments)
- Factor in insurance, HOA fees, utilities, and commuting
- Consider newer or inland homes to save on insurance
- Research city and county tax rates before making an offer
🏡 Final Thoughts
Understanding the Florida cost of living in 2025 is key to making a confident move. While expenses like insurance and utilities may be higher in some areas, Florida still offers financial perks like no state income tax and a wide range of lifestyle choices.
Whether you’re relocating for work, retiring, or simply seeking the sunshine, make sure your budget reflects the full picture of Florida home expenses.