Florida vs Connecticut: cost of living compared
Statewide price levels and incomes from BEA (2024); gas prices from EIA (weekly).
Is it cheaper to live in Florida or Connecticut?
- Overall, living costs in Connecticut and Florida are within 1% of each other (BEA, 2024).
- To keep the same standard of living, $75,000 in Florida works out to about $75,100 in Connecticut, before taxes.
- Housing is 4.1% lower in Connecticut, goods 0.7% lower and other services 1.3% higher, which roughly cancel out.
- Utility prices (electricity, gas, water) are 62.6% higher in Connecticut.
- After adjusting for local prices, personal income per person is $74,254 in Connecticut and $57,131 in Florida (30.0% higher in Connecticut; BEA, 2024, in 2017 dollars).
- Inside each state, metro price levels run from 99.8 in Waterbury, CT to 106.9 in Bridgeport, CT (Connecticut) and from 85.4 in The Villages, FL to 114.2 in Miami, FL (Florida), US = 100.
- The gap has narrowed since 2019, when Connecticut was 4.3% more expensive than Florida.
derived Calculated from BEA Regional Price Parities and real personal income by state. Statewide averages mix cities and rural areas; taxes are not included. How we calculate.
Category by category
Both states against the US average (100).
Overall prices are about the same in Florida and Connecticut
Price level by category, 2024. US average = 100.
- Florida
- Connecticut
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).
Show the numbers
| Florida | Connecticut | |
|---|---|---|
| All items | 103.4 | 103.6 |
| Goods | 98.1 | 97.3 |
| Housing (rents) | 122.1 | 117.0 |
| Utilities | 90.1 | 146.5 |
| Other services | 101.3 | 102.7 |
| Category | Florida | Connecticut | Connecticut vs Florida |
|---|---|---|---|
| All items | 103.4 | 103.6 | +0.2% |
| Goods | 98.1 | 97.3 | −0.7% |
| Housing (rents) | 122.1 | 117.0 | −4.1% |
| Utilities | 90.1 | 146.5 | +62.6% |
| Other services | 101.3 | 102.7 | +1.3% |
| Income per person, adjusted for prices | $57,131 | $74,254 | +30.0% |
| Regular gas, week of October 19, 2026* | $3.98 | $4.25 | +6.7% |
| Salary to match $75,000 in Florida | $75,000 | $75,100 | +0.2% |
Index values: BEA, 2024, US = 100. Income: BEA real personal income per person, 2017 dollars. Gas: EIA weekly retail prices. *New England region average (EIA has no separate Connecticut figure).
Cheapest and most expensive places in each state
Florida
- The Villages, FL 85.4
- Sebring, FL 92.5
- Homosassa Springs, FL 93.5
- Tallahassee, FL 93.9
- Ocala, FL 95.2
- Gainesville, FL 96.7
- Crestview, FL 97.0
- Lakeland, FL 97.1
- Panama City, FL 97.3
- Pensacola, FL 97.7
- Sebastian, FL 98.3
- Deltona, FL 99.4
- Jacksonville, FL 99.5
- Palm Bay, FL 100.0
- Port St. Lucie, FL 100.2
- Punta Gorda, FL 100.5
- Tampa, FL 100.9
- Orlando, FL 101.4
- Cape Coral, FL 102.3
- North Port, FL 102.4
- Naples, FL 103.2
- Miami, FL 114.2
Connecticut
- Waterbury, CT 99.8
- Norwich, CT 100.4
- Hartford, CT 102.7
- New Haven, CT 104.6
- Bridgeport, CT 106.9
Metro areas ordered from cheapest to most expensive. BEA, 2024, US = 100.
How the gap has changed since 2008
The price gap between Florida and Connecticut has narrowed since 2008: 8.8 points then, 0.2 now
Overall price level each year, 2008–2024. US average = 100.
- Florida
- Connecticut
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Florida | Connecticut | |
|---|---|---|
| 2008 | 101.7 | 110.5 |
| 2009 | 100.5 | 110.7 |
| 2010 | 100.4 | 107.0 |
| 2011 | 100.8 | 107.8 |
| 2012 | 101.1 | 107.6 |
| 2013 | 100.7 | 107.7 |
| 2014 | 100.9 | 107.0 |
| 2015 | 101.3 | 107.5 |
| 2016 | 101.1 | 107.5 |
| 2017 | 100.9 | 107.2 |
| 2018 | 100.3 | 104.0 |
| 2019 | 99.6 | 103.9 |
| 2020 | 100.6 | 105.1 |
| 2021 | 101.4 | 102.9 |
| 2022 | 102.3 | 106.4 |
| 2023 | 103.6 | 104.2 |
| 2024 | 103.4 | 103.6 |
Goods
- Florida
- Connecticut
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Florida | Connecticut | |
|---|---|---|
| 2008 | 98.9 | 109.6 |
| 2009 | 97.0 | 108.7 |
| 2010 | 97.3 | 103.6 |
| 2011 | 97.4 | 103.8 |
| 2012 | 98.0 | 104.6 |
| 2013 | 98.6 | 104.3 |
| 2014 | 98.3 | 103.4 |
| 2015 | 97.4 | 103.2 |
| 2016 | 97.5 | 103.6 |
| 2017 | 98.4 | 104.4 |
| 2018 | 97.7 | 101.4 |
| 2019 | 96.1 | 98.7 |
| 2020 | 97.4 | 99.0 |
| 2021 | 98.4 | 97.0 |
| 2022 | 98.0 | 101.1 |
| 2023 | 98.2 | 98.6 |
| 2024 | 98.1 | 97.3 |
Housing (rents)
- Florida
- Connecticut
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Florida | Connecticut | |
|---|---|---|
| 2008 | 115.1 | 131.4 |
| 2009 | 111.0 | 137.0 |
| 2010 | 108.7 | 129.0 |
| 2011 | 108.2 | 129.7 |
| 2012 | 108.8 | 131.5 |
| 2013 | 107.4 | 129.6 |
| 2014 | 108.2 | 127.7 |
| 2015 | 109.3 | 132.5 |
| 2016 | 109.4 | 127.4 |
| 2017 | 110.5 | 121.4 |
| 2018 | 110.7 | 122.2 |
| 2019 | 112.0 | 118.0 |
| 2020 | 113.6 | 123.2 |
| 2021 | 112.9 | 120.9 |
| 2022 | 116.3 | 119.8 |
| 2023 | 123.2 | 116.6 |
| 2024 | 122.1 | 117.0 |
Utilities
- Florida
- Connecticut
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Florida | Connecticut | |
|---|---|---|
| 2008 | 98.6 | 154.5 |
| 2009 | 101.2 | 157.1 |
| 2010 | 96.2 | 146.7 |
| 2011 | 95.3 | 138.3 |
| 2012 | 93.5 | 135.1 |
| 2013 | 93.6 | 134.2 |
| 2014 | 95.3 | 135.6 |
| 2015 | 92.4 | 139.1 |
| 2016 | 89.9 | 142.8 |
| 2017 | 87.5 | 144.6 |
| 2018 | 91.1 | 140.7 |
| 2019 | 94.4 | 143.4 |
| 2020 | 89.8 | 159.9 |
| 2021 | 90.0 | 146.5 |
| 2022 | 94.8 | 140.0 |
| 2023 | 93.7 | 153.2 |
| 2024 | 90.1 | 146.5 |
Other services
- Florida
- Connecticut
Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).
Show the numbers
| Florida | Connecticut | |
|---|---|---|
| 2008 | 99.0 | 104.6 |
| 2009 | 99.0 | 104.1 |
| 2010 | 99.8 | 102.3 |
| 2011 | 101.0 | 103.9 |
| 2012 | 100.9 | 102.7 |
| 2013 | 100.3 | 103.6 |
| 2014 | 100.5 | 103.2 |
| 2015 | 101.8 | 103.3 |
| 2016 | 101.3 | 104.0 |
| 2017 | 100.1 | 104.4 |
| 2018 | 99.2 | 100.2 |
| 2019 | 98.3 | 102.3 |
| 2020 | 98.8 | 102.4 |
| 2021 | 100.4 | 100.8 |
| 2022 | 101.2 | 104.9 |
| 2023 | 101.5 | 103.0 |
| 2024 | 101.3 | 102.7 |
What incomes buy in each state
Income per person after adjusting for prices: $74,254 in Connecticut, $57,131 in Florida
Real personal income per person, constant 2017 dollars (adjusted for each state's price level and for inflation).
- Florida
- Connecticut
- United States
Source: U.S. Bureau of Economic Analysis, real personal income by state (SARPI), 2008–2024.
Show the numbers
| Florida | Connecticut | United States | |
|---|---|---|---|
| 2008 | $43,259 | $61,522 | $45,816 |
| 2009 | $41,209 | $60,598 | $44,204 |
| 2010 | $42,735 | $63,477 | $44,808 |
| 2011 | $43,268 | $63,006 | $45,957 |
| 2012 | $43,189 | $62,569 | $46,796 |
| 2013 | $42,278 | $60,162 | $46,358 |
| 2014 | $43,812 | $62,123 | $47,661 |
| 2015 | $45,693 | $63,396 | $49,396 |
| 2016 | $46,126 | $64,086 | $49,828 |
| 2017 | $48,141 | $64,637 | $51,006 |
| 2018 | $49,935 | $68,121 | $52,242 |
| 2019 | $52,128 | $69,091 | $53,683 |
| 2020 | $53,897 | $70,018 | $56,514 |
| 2021 | $56,789 | $73,422 | $59,365 |
| 2022 | $55,163 | $69,250 | $57,104 |
| 2023 | $56,138 | $71,915 | $58,088 |
| 2024 | $57,131 | $74,254 | $59,195 |
More
- Cost of living in Florida
- Cost of living in Connecticut
- Reverse: moving from Connecticut to Florida
- All states ranked
Related state comparisons
What this comparison leaves out
- Taxes. State income, sales and property taxes differ a lot between states and are not included.
- Where you live inside the state. Statewide figures average cities and rural areas; the metro lists above show the spread.
- Your own spending mix. The default uses an average household. Use the housing slider if housing is a bigger share of your budget.
- Timing. BEA price levels and incomes are for 2024; gas prices are weekly.