Planning to study abroad and worried about the cost of living in Florida? Well, we are here to refine your research about the cost of living in Florida in 2024. The cost of living in Florida might just be the ticket to the sunny escape you’ve been dreaming about.
With its sun-soaked beaches, palm trees, and vibrant cities, Florida undoubtedly holds a special place in many people’s hearts. But before you pack your bags and head south, it is really important to understand the cost of living in Florida in 2024. Keep reading further to know more about how much living in this tropical paradise can cost you.
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An Overview of Cost of Living in Florida
According to the Bureau of Economic Analysis, the average cost of living in Florida is USD 50,689 annually. The cost of living in Florida varies between USD 4,000 to USD 5,000 monthly. The cost of living can vary significantly depending on the city and lifestyle choices. Overall, Florida tends to have a moderate cost of living compared to other states, but urban areas like Miami and Orlando can be pricier.
Florida with its beautiful beaches, vibrant culture, and warm weather is a preferable choice for study abroad aspirants. And it is really important to understand the cost of living in Florida before moving or planning to study abroad.
| Expense Category | Estimated Monthly Cost of living in Florida |
| Accommodation | USD 800 – USD 2,500 |
| Tuition Fee | USD 500 – USD 1,700 (monthly) |
| Food Expenses | USD 250 – USD 400 |
| Transportation Costs | USD 50 – USD 150 |
| Utility Cost | USD 250 – USD 350 |
| Estimated cost of living in Florida | USD 1,800 – USD 5,000 |
Also Read: Planning to study abroad? Well, check out our blog on the best places to study abroad in the US to avail world-class education.
Cost of Student Properties in Florida
The first and foremost thing that actually contributes to the cost of living in Florida is the cost of accommodation. Housing is often the largest expense for international students. Florida offers a wide range of options, from bustling urban areas to serene coastal towns. If you are on a tight budget and want to cut down your cost of living in Florida, you can try staying in a shared or double occupancy apartment.
Check out the table below for some of the top cities with their average rent of 1-bedroom apartments and shared housing apartments as well. This table will provide you with an idea of the cost of accommodation in Florida.
| City | Average Rent (1-Bedroom) | Shared Housing (Per Person) |
| Miami | USD 2,500 | USD 800 – USD 1,200 |
| Orlando | USD 1,800 | USD 500 – USD 900 |
| Tampa | USD 1,600 | USD 400 – USD 800 |
| On-Campus | USD 3,000 – USD 10,000 (per year) | N/A |
Cost of Studying in Florida
Tuition fee is one of the most expensive and primary parts of the cost of studying in Florida. With home to several prestigious and world-class universities, Florida promises to provide you with a high-quality education and a fantastic lifestyle. But remember, tuition fee is something that can directly increase or decrease your cost of living in Florida.
The choice of the course and the university you have chosen to pursue your dream impacts your cost of living directly. Check out the top 3 universities with their tuition fees and calculate your cost of living in Florida accordingly.
| Top Universities in Florida | Tuition Fees |
| University of Florida | USD 6,381 to USD 28,659 |
| University of Tampa | USD 21,810 to USD 29,820 |
| University of Miami | USD 55,036 to USD 75,330 |
Cost of Food in Florida
Food is an important component of the cost of living in Florida. It can increase or decrease the cost of living in Florida and your budget drastically. If you’re cooking for yourself, expect to spend about USD 200-USD 300 per month on groceries. Eating out is an option, but dining out regularly can become expensive. Many universities have on-campus dining plans that can be a cost-effective way to manage food expenses. However, to reduce the cost of living in Florida, it is advisable to consider homemade food. Here is a compilation of basic food items you may consume daily.
| Type of Food | Cost of Food |
| Milk | USD 1.12 |
| White Bread | USD 3.37 |
| Eggs | USD 4.38 |
| Chicken Fillets | USD 11.82 |
| Vegetables | USD 3 – USD 5 |
| Fruits | USD 4 – USD 6 |
Cost of Transportation in Florida
Transportation in Florida can be quite manageable. Many universities offer shuttle services or have easy access to public transportation. Bus and tram fares are generally inexpensive, often around USD 2-USD 3 per ride. To reduce the cost of living in Florida you can go for the bus and tram passes that are offered especially to the international students. If you plan on using a car, factor in the cost of gas, insurance, and parking.
Florida’s gas prices are generally lower than the national average, but insurance can be relatively high, especially for young drivers. Here is a basic compilation of the modes of transportation and their costs that can directly impact your cost of living in Florida in 2024.
| Mode of Transport | Cost |
| Bus | USD 1.76 (one-way ticket) |
| Trolley | USD 2 (one-way ticket) |
| Taxi | USD 2.70 per mile (one-way ticket) |
| Miami Monthly Transit Pass | USD 50 – USD 100 |
| Orlando Monthly Transit Pass | USD 50 – USD 100 |
| Gas Prices | USD 3.00 – USD 4.00 per gallon |
| Car Insurance | USD 1,500 – USD 2,500 annually |
Cost of Utilities in Florida
Utilities are another important component that contributes to the cost of living in Florida. It includes the cost of your phone bills, electricity bills, and even your internet bills. It is advisable to confirm with your student accommodation provider about the inclusion of the utilities in the rent of accommodation. Here is how much you’d ideally spend on utilities in Florida.
| Utility | Estimated Monthly Cost |
| Electricity | USD 150 – USD 250 |
| Water and Sewage | USD 50 – USD 100 |
| Internet and Cable | USD 60 – USD 100 |
Also Read: If you are looking for accommodation in Los Angeles, Check Out our blog on Cheapest Student Accommodations in Los Angeles
FAQs
The cost of living in Florida varies between USD 4,000 to USD 5,000 monthly. The cost of living in Florida can vary significantly depending on the city and lifestyle choices.
On-campus housing costs vary by university and type of accommodation. Generally, international students can expect to pay between USD 800 and USD 1500 per month for on-campus housing. Some universities offer different meal plans, which can also impact the overall cost.
Utility costs for international students living off-campus usually range from USD 150 to USD 250 per month. This includes electricity, water, and garbage collection. Internet costs add an additional USD 50 to USD 80 per month.
International students should budget approximately USD 200 to USD 300 per month for groceries. Costs can vary based on dietary preferences and shopping habits.
Yes, many universities offer scholarships, grants, and financial aid specifically for international students. Check with your university’s financial aid office or international student services for information on available financial assistance.
Hope you liked reading about the cost of living in Florida in 2024. Reach out to Fly Homes now at 1800572118 to secure the finest accommodation abroad.
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