USA Cost of Living Compare US cities and states with official data

Florida vs Michigan: 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 Michigan?

  • Overall, Michigan is 7.0% less expensive than Florida (BEA, 2024).
  • To keep the same standard of living, $75,000 in Florida works out to about $69,800 in Michigan, before taxes.
  • Most of the difference is housing, which costs 32.6% less in Michigan. Goods are 2.1% lower and other services 0.4% lower.
  • After adjusting for local prices, personal income per person is $53,569 in Michigan and $57,131 in Florida (6.2% lower in Michigan; BEA, 2024, in 2017 dollars).
  • Inside each state, metro price levels run from 90.5 in Battle Creek, MI to 100.9 in Ann Arbor, MI (Michigan) and from 85.4 in The Villages, FL to 114.2 in Miami, FL (Florida), US = 100.
  • The gap has widened since 2019, when Michigan was 4.3% less 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.

Try your own salary

18% matches BEA's average basket. Set your own share if housing takes more or less of your budget.

Category by category

Both states against the US average (100).

Housing drives the gap: 32.6% lower in Michigan than in Florida

Price level by category, 2024. US average = 100.

  • Florida
  • Michigan
All items
103.4 96.2
Goods
98.1 96.0
Housing (rents)
122.1 82.3
Utilities
90.1 100.2
Other services
101.3 100.9

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by metropolitan area, 2024 (US = 100).

Show the numbers
FloridaMichigan
All items103.496.2
Goods98.196.0
Housing (rents)122.182.3
Utilities90.1100.2
Other services101.3100.9
CategoryFloridaMichiganMichigan vs Florida
All items103.496.2−7.0%
Goods98.196.0−2.1%
Housing (rents)122.182.3−32.6%
Utilities90.1100.2+11.2%
Other services101.3100.9−0.4%
Income per person, adjusted for prices $57,131 $53,569 −6.2%
Regular gas, week of October 19, 2026* $3.98 $4.14 +4.1%
Salary to match $75,000 in Florida $75,000 $69,800 −7.0%

Index values: BEA, 2024, US = 100. Income: BEA real personal income per person, 2017 dollars. Gas: EIA weekly retail prices. *Midwest region average (EIA has no separate Michigan figure).

Cheapest and most expensive places in each state

Florida

  1. The Villages, FL 85.4
  2. Sebring, FL 92.5
  3. Homosassa Springs, FL 93.5
  4. Tallahassee, FL 93.9
  5. Ocala, FL 95.2
  6. Gainesville, FL 96.7
  7. Crestview, FL 97.0
  8. Lakeland, FL 97.1
  9. Panama City, FL 97.3
  10. Pensacola, FL 97.7
  11. Sebastian, FL 98.3
  12. Deltona, FL 99.4
  13. Jacksonville, FL 99.5
  14. Palm Bay, FL 100.0
  15. Port St. Lucie, FL 100.2
  16. Punta Gorda, FL 100.5
  17. Tampa, FL 100.9
  18. Orlando, FL 101.4
  19. Cape Coral, FL 102.3
  20. North Port, FL 102.4
  21. Naples, FL 103.2
  22. Miami, FL 114.2

Michigan

  1. Battle Creek, MI 90.5
  2. Saginaw, MI 90.9
  3. Jackson, MI 91.8
  4. Bay City, MI 91.9
  5. Midland, MI 91.9
  6. Niles, MI 92.4
  7. Muskegon, MI 92.5
  8. South Bend, IN 92.9
  9. Flint, MI 93.0
  10. Traverse City, MI 93.4
  11. Monroe, MI 93.5
  12. Kalamazoo, MI 94.8
  13. Lansing, MI 95.0
  14. Grand Rapids, MI 95.5
  15. Detroit, MI 100.3
  16. Ann Arbor, MI 100.9

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 Michigan has been fairly stable since 2008

Overall price level each year, 2008–2024. US average = 100.

  • Florida
  • Michigan
US average = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
FloridaMichigan
2008101.795.9
2009100.596.0
2010100.496.2
2011100.895.2
2012101.195.0
2013100.795.2
2014100.995.5
2015101.393.7
2016101.193.6
2017100.992.7
2018100.394.5
201999.695.4
2020100.694.4
2021101.494.3
2022102.393.6
2023103.694.3
2024103.496.2

Goods

  • Florida
  • Michigan
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
FloridaMichigan
200898.995.3
200997.097.7
201097.398.2
201197.498.5
201298.098.2
201398.698.4
201498.398.6
201597.497.8
201697.597.7
201798.497.3
201897.798.5
201996.196.1
202097.495.9
202198.494.7
202298.093.3
202398.295.8
202498.196.0

Housing (rents)

  • Florida
  • Michigan
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
FloridaMichigan
2008115.187.8
2009111.085.0
2010108.786.8
2011108.283.9
2012108.883.2
2013107.482.7
2014108.283.3
2015109.380.7
2016109.482.4
2017110.581.0
2018110.780.7
2019112.082.0
2020113.680.7
2021112.980.7
2022116.380.8
2023123.278.9
2024122.182.3

Utilities

  • Florida
  • Michigan
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
FloridaMichigan
200898.695.8
2009101.2103.3
201096.2104.8
201195.3104.9
201293.5106.4
201393.6105.9
201495.399.3
201592.499.4
201689.9100.0
201787.5101.2
201891.1102.4
201994.498.7
202089.8103.1
202190.0101.7
202294.897.7
202393.799.7
202490.1100.2

Other services

  • Florida
  • Michigan
US = 100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities by state, 2024 (US = 100).

Show the numbers
FloridaMichigan
200899.099.3
200999.098.7
201099.897.8
2011101.096.5
2012100.996.5
2013100.397.0
2014100.597.4
2015101.895.3
2016101.394.6
2017100.193.4
201899.296.2
201998.399.2
202098.898.1
2021100.498.4
2022101.297.9
2023101.598.5
2024101.3100.9

What incomes buy in each state

Income per person after adjusting for prices: $53,569 in Michigan, $57,131 in Florida

Real personal income per person, constant 2017 dollars (adjusted for each state's price level and for inflation).

  • Florida
  • Michigan
  • United States

Source: U.S. Bureau of Economic Analysis, real personal income by state (SARPI), 2008–2024.

Show the numbers
FloridaMichiganUnited States
2008$43,259$41,949$45,816
2009$41,209$40,151$44,204
2010$42,735$40,986$44,808
2011$43,268$42,724$45,957
2012$43,189$43,541$46,796
2013$42,278$43,149$46,358
2014$43,812$44,089$47,661
2015$45,693$47,218$49,396
2016$46,126$48,000$49,828
2017$48,141$48,928$51,006
2018$49,935$48,921$52,242
2019$52,128$49,306$53,683
2020$53,897$53,586$56,514
2021$56,789$55,679$59,365
2022$55,163$53,454$57,104
2023$56,138$53,903$58,088
2024$57,131$53,569$59,195

More

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.

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