Moving to Florida used to be a popular option for retirees, but today it's more like the American dream for individuals of all ages and backgrounds. Around 22 million people call this tourist hotspot home all year round because to the pleasant weather, many beaches, reasonable taxes, and relaxed "live and let live" attitude. You may visit the Caribbean without leaving the United States of America; Florida includes little villages, large cities, gorgeous natural preserves, luxurious hotels, quirky customs, and even a series of tropical islands.

Relocating to Florida means spending every day in paradise, but it's no secret that life in the Sunshine State doesn't come cheap. The national average house value in the United States was $357,589 in October 2022, up 13.5% from 2021, while the average home value in Florida was $406,876 (up 25% from 2021).

While the cost of living is greater in phrazle California, the state does not impose personal income tax, and there is a wealth of natural and man-made attractions within easy reach. Moreover, in October 2022, Florida's unemployment rate was 2.7%, lower than the national rate of 3.7%, and the state's minimum pay was $10 per hour, higher than the federal minimum wage of $7.25.

Zillow gave Travel + Leisure information on Florida's "typical property values," or the median of the state's predicted home prices. As it is based on each property's unique Zestimate, this statistic covers the worth of all residences, not just what is sold or advertised at any one moment, which is a key distinction from metrics like median selling price.

The median price of a property in Miami, Florida, which is considered the state's most exciting metropolis, is $474,701. Of course, there is a wide range of areas in this thriving metropolis, with significant price disparities between, say, South Beach and interior suburbs. Yet, Miami provides its citizens with a one-of-a-kind mix of economic prospects, Florida-Cuban culture, sizzling nightlife, interesting history, and beachside lifestyle due to its status as a worldwide center of finance, culture, arts, and international commerce.

Miami is your best chance for tropical big city life. While the cost of living is greater than the national average, the unemployment rate is much lower at 1.7% in Miami than it is in the rest of the country. Also, although the national average for personal income is $55,477, residents of Miami can expect to earn $64,849.

Want to avoid the hustle and bustle of large city life while yet being near to Miami? The median value of a property in West Palm Beach is $437,939 (a whopping increase of 28.8 percent from 2021 to 2022).

This world-class metropolis has all the conveniences of a much bigger metro, yet it seems more like a friendly little town owing to its historic districts, long-time residents, and dedication to sustainable growth. It's convenient to reach anyplace you want to go, since ritzy Palm Beach is only over the bridge, Miami is an hour distant on the Brightline, and there are three international airports within a 70-mile radius.

The unemployment rate in West Palm Beach is 2.3%, and the city has a population of little under 118,000. Palm Beach County has the highest average pay in Florida at $61,040 and has led the state in recent years in both income and population growth, despite having a higher cost of living than less desired metro areas.

West Palm Beach makes up for its lack of cheap housing with a thriving job market, a wide variety of recreational choices (particularly near the ocean, such as snorkeling and board sports), and a vibrant arts, culture, and entertainment scene in the city's central business district.