Cost of Living in Florida, OH

With a cost of living index of 74, Florida, OH is one of the most affordable cities in the country. Living here is 26% cheaper than the national average and 3% below the Ohio state average of 78. Florida is a small community of 221 residents.

Housing costs are the biggest factor in Florida's cost of living. The median monthly rent is $1,188 (10% below the US median of $1,319), and the median home value sits at $75,500 (75% below the national median of $304,900). At current prices, the median home costs roughly 1.2x the median household income — well within traditional affordability guidelines.

The median household income in Florida is $63,417, which is 16% lower than the national median of $75,149. Residents spend roughly 22% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Florida. The area sees an average annual temperature of 50°F, with summers averaging 71°F and winters around 28°F. Annual rainfall totals 33 inches spread over roughly 127 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.