Moved from Virginia to Florida (2023)

FAQs

Is it cheaper to live in Florida or Virginia? ›

With so much to offer you might expect Florida to be an expensive place to live but it's actually quite affordable. In fact, the cost of living in Florida is slightly less than Virginia. Of course this depends on where you live in the state, but the overall cost of living in Florida is roughly 8% lower than Virginia.

Florida is an excellent location if you're looking for work. According to Wallethub, Florida is the 14th best state to find a job. The unemployment rate in Florida was only 2.5% in December 2022. With the national unemployment rate at 3.4%, many people move to Florida to take advantage of opportunities in their fields.

There's no state income tax in Florida

While you'll still have to pay sales and property taxes, your overall state tax burden in Florida will be much less than in most other states. As a result, you'll be able to save more of your hard-earned money for entertainment, vacations and belongings.

The main difference in taxation between Florida and Virginia is the tax rate. Generally, the tax rates in Florida are higher than those in Virginia.

The most pleasant time to move in Florida is between mid-December and early March when the weather is nearly perfect. There are a few hot weeks sprinkled in here and there, but overall the weather is ideal for moving.

How long does it take to establish residency in Florida for tax purposes? Most states implement what is known as the 183-day rule, which requires that a person reside in Florida for at least 183 days (more than six months) to be considered a resident.

Do I have to change my license if I move to Florida? ›

As a new Florida resident, you must obtain a valid Florida driver license within 30 days of establishing residency to drive on Florida roads.

Lazing under the sun has also been shown to reduce the risk of getting certain diseases, and particularly cancers of the breasts, colon, ovaries and kidneys. The warm temperatures experienced in Florida also help alleviate joint problems such as arthritis.

Florida is one of the most expensive states for housing, and Miami is the least affordable city in the country, according to a report.

Virginia has a 5.30 percent state sales tax rate, a max local sales tax rate of 0.70 percent, and an average combined state and local sales tax rate of 5.75 percent. Virginia's tax system ranks 26th overall on our 2023 State Business Tax Climate Index.

MoneyGeek's analysis found that Wyoming is the most tax-friendly state in America, followed by Nevada, Tennessee, Florida and Alaska. States that received a grade of A all share something in common: no state income tax. Washington and South Dakota — which both received a B — also have no state income tax.

The cost of living in Orlando, FL is -7.1% lower than in Richmond, VA. You would have to earn a salary of $55,739 to maintain your current standard of living. Employers in Orlando, FL typically pay -3.8% less than employers in Richmond, VA.

A good salary — one that allows for necessities, fun, and savings — might start at $60,000 for a single, childless renter in Florida and $75,000 for a similar homeowner.

Florida was the fastest-growing state in 2022, per a Census Bureau report. The state's population has been steadily increasing for decades. But some people who moved there have come to regret their decision.

What are the biggest problems of living in Florida? ›

Top Reasons to Move to Florida

The Sunshine State is known for its warm weather and sunny days, which can be attractive to those looking to escape colder climates. Florida is a popular destination for retirees due to its warm climate, low taxes, and affordable cost of living.

And their findings revealed Florida came in at #10 on the happiest states list, jumping into that spot from traditionally low or middle rankings. "Florida residents report a higher well-being in the purpose, community, social relationships, and physical health elements than a majority of states," they write.

24 after more than 60 metrics across seven broad quality-of-life categories were put into consideration. Florida ranked 31st in health care, 29th in education, 37th in crime and corrections, 11th in infrastructure, 43rd in opportunity, seventh in economy and ninth in government.

No state income tax in Florida, cheaper real estate and the weather are the top reasons broker Melissa Cantway said people are still moving here.

Niceville is the coldest place in Florida measuring by the coldest annual average temperature. If you're measuring by coldest annual average temperature, then Niceville, at just 66 degrees Fahrenheit, is the coldest place in Florida.

According to the Move.org report, 65% of the people who moved were between the ages of 25 and 44 and most people moved between August and October of 2020.

As a general rule, the best time to move to Florida is in the fall or winter, when the housing market is less competitive and the costs are lower. If you have children or want to avoid the long festive weekends, the fall or winter months are the best times to move to Florida.

Naples. This smaller metro area on the Gulf Coast is the No. 1 spot out of the 150 most populous metro areas in the U.S. for its low rates of property crime, violent crime and murder. Naples also ranks sixth for desirability, making it the most desirable Florida metro area for 2022-2023.

The paper is reporting that Floridians and others are migrating to Alabama's Gulf Coast, prompted by high prices in the Sunshine State and its transient lifestyle. That's one of the reasons why Baldwin County grew faster than any other Alabama county from 2010 to 2020.

Do you save money moving to Florida? ›

No state income tax, cheaper real estate and the weather are the top reasons people are opting to move to Florida, but residents could be spending what they're saving in other areas.

Establish a Residence

You must obtain a residence in Florida. That can be a purchased home, duplex, condo or rental property. You also must establish intent to remain permanently at this residence. Spending 183 days in the state can help establish residency but is not the only step that needs to be taken.

you can have dual state residency when you have residency in two states at the same time. Here are the details: Your permanent home, as known as your domicile, is your place of legal residency. An individual can only have one domicile at a time.

Deed, mortgage, monthly mortgage statement, mortgage payment booklet or residential rental/lease agreement; or. Florida voter registration card; or. Florida vehicle registration or title (print a duplicate registration at MyDMV Portal); or. Utility bill; or.

Will I have to retake the driving test or written test to get a Florida driver license? No. Although out-of-state driver licenses or IDs are not allowed as primary identification, the department will accept them in exchange for written and driving exams.

When buying a car in Florida an initial registration fee of $225 (including the tag)is applied. Florida title transfer fees range between $75.25 and 85.25. You'll also need to pay 6% (of the vehicle price) for Florida sales taxes.

Which city in Florida has the lowest crime rate? The Villages has the lowest county violent crime and property crime rate in Florida. What is the safest area to live in Florida? According to our research, the three safest cities in Florida are The Villages, Palm Coast, and Riverview.

Miami, Florida, which includes the city and the island of Miami Beach came in the number one spot on the list. The Henley and Partner's report stated that during December 2022, there were over 800 centi-millionaires with homes in the Florida city. Miami has also seen a millionaire growth rate of 75% from 2012 to 2022.

What is the healthiest city in Florida? ›

Healthiest Weight Initiative

The number one public health threat to Florida's future is unhealthy weight.

The cost of living in Virginia is 0% than the national average. Housing is 4% higher than the national average, while utilities are 1% higher. When it comes to basic necessities such as food and clothing, groceries are around 1% higher than in the rest of the country, while clothing costs 1% higher.

Using 2021 data, the Bureau of Economic Analysis found that the average total personal consumption cost in Florida is $50,689 per year. Here's how that breaks down. That translates to about $4,224 per person, per month.

Florida is the least affordable place to live in the U.S.

States With Lowest Cost of Living

Mississippi is the state with the lowest cost of living in the US, with a cost of living index of 85. This means that the cost of living in Mississippi is 15% lower than the national average. The state has a low cost of housing, groceries, and utilities.

Naples. This smaller metro area on the Gulf Coast is the No. 1 spot out of the 150 most populous metro areas in the U.S. for its low rates of property crime, violent crime and murder. Naples also ranks sixth for desirability, making it the most desirable Florida metro area for 2022-2023.

Dade City is possibly the most affordable place to live in Florida. The median cost in Dade City is about $179,500, which falls well below Florida and the national average. You can expect to pay about $1,372 for a one-bedroom apartment in the city. It's a spacious and safe place to live.

What city in Florida has the cheapest rent? ›

Fort Wayne, Indiana, was named the city with the lowest cost of living for 2022.

The ten most expensive states to live in are Hawaii, Massachusetts, California, New York, Alaska, Maryland, Oregon, Connecticut, New Hampshire, and Vermont. Hawaii is the most expensive state to live in, with a cost of living index of 184.

Researchers at the personal finance publication ranked the 50 states based on scores in five categories: affordability, economy, education and health, quality of life, and safety. Massachusetts topped 2022's list, scoring 62.65 out of 100. New Jersey came in second, dropping from the top spot last year.

The cost of living in Florida is 1% higher than the national average. Housing is 4% higher than the national average, while utilities are 1% higher. When it comes to basic necessities such as food and clothing, groceries are around 2% lower than in the rest of the country, while clothing costs 2% lower.

To live comfortably in Virginia, an annual income of $64,947 is needed, according to the 50/30/20 budgeting rule (50% for necessities, 30% for discretionary expenses, and 20% for savings). Virginia's median household income is $74,222, making it an affordable place to live.