{"id":105096,"date":"2026-04-12T12:10:07","date_gmt":"2026-04-12T15:10:07","guid":{"rendered":"https:\/\/ubirataonline.com.br\/florida-cost-of-living-surges-as-prices-quintuple-pace-of-growth-squeezing-residents\/"},"modified":"2026-04-12T12:10:09","modified_gmt":"2026-04-12T15:10:09","slug":"florida-cost-of-living-surges-as-prices-quintuple-pace-of-growth-squeezing-residents","status":"publish","type":"post","link":"https:\/\/ubirataonline.com.br\/en\/florida-cost-of-living-surges-as-prices-quintuple-pace-of-growth-squeezing-residents\/","title":{"rendered":"Florida cost of living surges as prices quintuple pace of growth, squeezing residents"},"content":{"rendered":"


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FLORIDA<\/strong> \u2013 The cost of living in Florida has accelerated at nearly five times its previous pace over the last decade, driven largely by housing, insurance and rent increases that are outstripping wages and forcing some residents to consider leaving the state.<\/p>\n

A new report from Florida TaxWatch <\/a>shows that while prices rose modestly through the 2010s, the rate of increase has surged in the 2020s. The state\u2019s regional price growth averaged about 1.3% annually in the previous decade but has jumped to roughly 5.8% per year in recent years, a nearly fivefold increase. <\/p>\n

That rapid acceleration is being felt across nearly every household expense, from rent and groceries to child care and utilities, with housing costs leading the spike.<\/p>\n

Nearly 90% of Floridians surveyed in 2025 said they were concerned about inflation, and about half reported considering moving out of the state because of rising costs.<\/p>\n

Housing costs dominate affordability crisis<\/b><\/p>\n

The report identifies housing as the primary driver of Florida\u2019s affordability challenges.<\/p>\n

Homeowners are facing some of the highest insurance costs in the nation. Average annual property insurance premiums reached $2,794 through 2025, up 63% since 2020. Combined with rising property taxes, annual housing-related costs can exceed $10,000 for many homeowners.<\/p>\n

Renters are also under pressure. Florida\u2019s average rent climbed from $1,194 in 2015 to $2,208 in 2025 an 85% increase over the decade. During that time, the state jumped from the 14th most expensive rental market in the country to the sixth.<\/p>\n

The report notes that rent growth accelerated sharply after 2020, mirroring broader inflation trends but rising faster than much of the southern United States.<\/p>\n

Everyday essentials rising, too<\/b><\/p>\n

Beyond housing, essential goods and services have also seen significant price increases:<\/p>\n