Are you searching for the cheapest place to live in Florida? If your answer is a yes, then you have reached the right place.

Florida is more than just a popular vacation spot. It also has a lot of year-round residents, especially retirees looking for a change of pace, thanks to its beautiful beaches and great weather. However, as any Floridian will tell you, where you live in the state has a significant impact on your ability to afford a certain lifestyle.

Keep reading this article till the end to learn more about the cheapest place to live in Floridaโ€ฆ

What Is The cheapest place to live in Florida?

In case you have been searching for the cheapest place to live in Florida, you do not have to look any further. Here is everything that you need to know about these cheap cities in Florida in 2023:

1. Homosassa

Homosassa
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About an hour and a half north of Tampa, Homosassa, Florida, is on the Gulf of Mexico. It’s a nature darling’s heaven, with different stops of the states close by. Additionally, it is one of the state’s best spots for sport fishing. In addition, the city’s numerous restaurants serve fresh seafood and residents can see manatees off the coast.

Homosassa inhabitants pay underneath the public normal for most expenses, including lodging, link, and telephone bills. It’s interesting to note that, on average, its homeowners pay $40 less per month than its renters.

2. Inverness

Inverness
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The second one on the list of the best places to live in Florida is Inverness. Inverness is situated in a similar district as Homosassa and Precious stone Stream. However, it is inland as opposed to coastal. While there is still admittance to water for kayaking and swimming, other open air exercises are additionally accessible.

The city has the state’s longest paved recreation trail and was designed to be walkable and bikeable. In addition, a number of excellent restaurants can be found in the city’s downtown, which is also the site of numerous annual city events.

Owning a home in Inverness is more cost-effective than renting because homeowners pay just over $750 per month for their mortgages. However, renters can save a lot of money on insurance, utilities, and other expenses in Inverness, where rent is fairly affordable.

3. Crystal River

Crystal River
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Crystal River is only a 20-minute drive north of Homosassa. It shares many of the same attractions as Homosassa, which is also on the Gulf Coast. It bills itself as the Manatee Capital of the World and is known for its open air water exercises, including fishing, kayaking, and obviously, swimming. In addition, its downtown is home to a number of excellent cafes and restaurants.

The average monthly rent here is $796, which is a little cheaper than in Homosassa. The average monthly mortgage payment is approximately $100 more. In this region, like in Homosassa, phone, cable, and satellite bills are lower than average.

4. Zephyrhills

Zephyrhills
Image Source: travlu.com

A suburb of Tampa called Zephyrhills has something for everyone. There are numerous parks in this area, as well as a skydiving facility that is renowned worldwide. A number of boutiques and an award-winning microbrewery can be found in the downtown area.

Despite the fact that housing costs are higher here than they are in the other cities on this list, they are still quite affordable in comparison to the nearby city of Tampa, where residents pay approximately $1,420 per month to own a home. In comparison, Zephyrhills’s $924 average does not appear to be too bad. The area’s utility costs are also quite reasonable.

When deciding where to live in Florida, or even if Florida is the right place for you, there are more factors to consider than just cost and personal finances. However, if you want to take advantage of the state’s great weather and outdoor activities, the five cities listed above are definitely worth a closer look.

5. Palatka

Palatka
Image Source: digital.ihg.com

According to sources, Palatka is also one of the cheapest places to live in Florida. About an hour east of Gainesville, Palatka is in northeastern Florida. A mural tour, historic homes and churches, as well as a variety of biking and hiking trails, are among the city’s attractions for those who are interested in art, history, and the natural world. Additionally, it plays host to a number of annual festivals that honor the region’s native animals and plants.

Property holders and leaseholders follow through on comparative costs in Palatka, with low mortgage rates for both under $800 each month. In addition, auto insurance is surprisingly affordable here, and utility costs are also slightly lower than the national average.

6. Cape Coral

Cape Coral
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If there is one place that you must visit, it has to be Cape Coral. The cost of housing, utilities, and healthcare in Cape Coral is lower than the national average. This city on Florida’s Gulf Coast is a great option for those looking for affordable housing with an average home price of just over $4,30,000.

Cape Coral is one of several large cities in the state that are connected by Interstate 75. It is located in the southwest of Florida, near Fort Myers. Cape Coral is home to an estimated 200,972 people and spans a little more than 119 square miles.

The median listing price of a home in Cape Coral, Florida, in January 2022 was $400,000, 42.9% more than in 2021. $238 was the average price per square foot for a listing. The average selling price of a home was $380,000.

7. Kissimmee

Kissimmee
Image Source: visitorlando.widen.net

Kissimmee is just south of Orlando in central Florida. The majority of the region’s major highways can be reached in a short drive from this stunning location.

Kissimmee is home to nearly 72,000 people. The total area of the city is less than 22 square miles. This region has 3,496 people per square mile.

The median listing price of a home in Kissimmee, Florida, in January 2022 was $350,000, a 30.6% increase from previous years. The middle posting cost per square foot for a property in the space was $192. The average selling price of a home was $327,500.

8. Dunedin 

Dunedin
Image Source: a.travel-assets.com

Found only north of Clearwater, Gulf Coast, is Dunedin. It is a very small town with relatively easier access to St. Petersburg and Tampa. The average income for this place is $46,000 yearly while normal home costs are around $254,000.

Although this is beginning to change, Dunedin has an older population. Craft breweries and handicrafts abound in this small town. Nearly ten craft breweries can be found in the region, the majority of which are downtown.

With over 85 open breweries in the area, Tampa has earned the moniker “Brewery Bay” for exploring further afield. Dunedin is additionally kid-accommodating and is known for its yearly Scottish High countries Games.

9. Titusville

Titusville
Image Source: visitspacecoast.com

Next is Titusville. Titusville, which is located on the Atlantic side of the state, has a median household income of $40,000 and a median home value of $160,800. Due to its proximity to Cape Canaveral, NASA and SpaceX are among Titusville’s top employers.

In comparison to Cocoa Beach, which has higher property values and attracts more tourists each year, Titusville is thought to be a more affordable option. Titusville is a popular place to live for cruise ship enthusiasts because it is close to Port Canaveral.

10. Jacksonville

Jacksonville
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Beautiful beaches, a thriving economy, a high standard of living, and a plethora of recreational opportunities for residents make this popular tourist destination stand out. The Ringling Museum of Art is a renowned circus museum in Sarasota where visitors can learn about the circus’s history and culture. The city is likewise notable for its promising craftsmanship scene, with exhibitions and studios springing up all over town.

In January 2022, the median price of a home in Jacksonville was $275,000, up 18.5% from previous years. For a home currently on the market, the average price per square foot is $173. Because Jacksonville has a rent-to-income ratio of 4.28, renting an apartment in the city is also affordable.

11. Melbourne

Melbourne
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The city of Melbourne is situated in the Brevard Area, Florida. It is the county seat and the county’s largest city. The Florida Institute of Technology is also based in Melbourne. The city has a populace of more than 76,000 individuals, and it is developing quickly.

Melbourne is perhaps the most secure city in Florida. Melbourne has a much lower crime rate than the national average. Outside, the city has a lot to offer its residents as well. Over a hundred parks can be found in the city, which is close to some of Florida’s most stunning beaches. Melbourne is likewise home to a few historical centers and craftsmanship exhibitions.

12. Dade City

Dade City
Image Source: upload.wikimedia.org

Last but not the least, we have Dade City. It is possible that Dade City is the cheapest place to live in Florida. The average household income is $29,000, and the median cost of a home is $122,600.

Dade City is another Tampa commuter town that is ideal for people who want to live in a more open area but work in the city. Orlando or the Ocala National Forest can be explored during the weekend for residents. Kids and adults alike will enjoy the area’s numerous nature trails and springs.

Bonus: Other Cheap Places To Live In Florida!

This is not all. There are a lot of other places in Florida that are very cheap as well. In case you thought that the list was over, you need to think again.

Here are the other places in Florida that are cheap:

1. Sarasota

Sarasota
Image Source: visitsarasota.com

Second on this list is the city of Sarasota. Beautiful beaches, a thriving economy, a high standard of living, and a plethora of recreational opportunities for residents make this popular tourist destination stand out. The Ringling Museum of Art is a renowned circus museum in Sarasota where visitors can learn about the circus’s history and culture. The city is likewise notable for its promising craftsmanship scene, with exhibitions and studios springing up all over town.

2. Gainesville

Gainesville
Image Source: oaksseniorliving.com

Home to the College of Florida and St Nick Fe School, Gainesville is an energetic school town with a lot of culture and exercises. The average cost of living in Florida is 3% higher here, making it much more affordable for the majority of people.

3. Marco Island

Marco Island
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This beautiful island on the southwest bank of Florida offers an optimal area for those looking for unwinding and investigation. From dazzling sea shores to fishing contracts and kayaking outings to workmanship displays – this island genuinely has something for everybody. Marco Island is an excellent location for experiencing both coastal beauty and outdoor adventure due to its direct access to the Gulf of Mexico and Everglades National Park nearby.

4. Key West

Key West is the best place in the United States to find a tropical island paradise. This charming island, which is at the southernmost point of Florida, has excellent restaurants and a thriving nightlife scene, crystal-clear waters, beautiful coral reefs for snorkeling or scuba diving, and stunning sunsets.

5. Palm Coast

The next one is Palm Coast. Palm Coast is the place to be if you’re looking for the ideal combination of outdoor activities and city conveniences. This bustling city offers a plethora of shopping, dining, and entertainment options in addition to miles of beachfront living and numerous nearby waterways to explore. The city is home to the main campus of Florida State University, which is in the nearby city of Daytona Beach. It also has excellent schools.

6. Bartow

Bartow is one of the most affordable places to live in Florida, with an average home price of $2,65,200. Bartow has 19,447 residents and a median income of approximately $44,297. The fact that a one-bedroom apartment in Bartow can be rented for as little as $600 makes the city an affordable location.

7. New Port Richey

Clearwater is approximately one hour north of New Port Richey, and Tampa is approximately one hour northwest. Because the city is close to Interstate 75, it is easy for commuters to get to work in larger cities.

Wrapping It Up!

In case you have been searching about the cheapest place to live in Florida, I hope that you found this blog to be of help. Please don’t hesitate to contact me if there are any additional questions or misunderstandings regarding the same.

To get to the bottom of the page, all you have to do is scroll down. Then, post your questions and concerns in the comment box provided below. And, I will be there to answer them for you!

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Ankita Tripathy

Ankita Tripathy loves to write about food and the Hallyu Wave in particular. During her free time, she enjoys looking at the sky or reading books while sipping a cup of hot coffee. Her favourite niches are food, music, lifestyle, travel, and Korean Pop music and drama.

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