Soaring Costs Push Florida’s Middle Class to Other States

Florida is seeing a sharp domestic outflow of working-age adults as living expenses climb. Home prices have jumped to an average of $375,000, up from $253,000 before the pandemic. Insurance premiums now approach $8,500 a year, nearly triple the national average. Wages have not kept pace, and the cost of raising a child over 18 years now tops $280,000. Young adults aged 20–29 make up nearly a quarter of those leaving. Many move to Georgia, North Carolina or Tennessee in search of more affordable housing and lower expenses. Surveys show 90% of Floridians worry about inflation, 80% fret over housing costs, and half have considered relocating. Local panels and workshops in 2026 will address regional growth, affordable housing solutions and career transitions. Interested in comparing living costs between Florida cities and states like Tennessee or North Carolina?

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