Florida vs North Carolina

Enter your current annual income to compare its purchasing power between the two states.

In $100,000 in Florida

$96,712

Price level 103.4

The same income in North Carolina

$106,045

Price level 94.3

$100,000 has $9,333 more purchasing power in North Carolina.

Figures are in national-average dollars: what the income buys once each state's prices are accounted for (US = 100). Source: BEA Regional Price Parities, 2024, released February 19, 2026. How it's calculated

Salary needed in North Carolina

$91,199

to match $100,000 in Florida, before tax.

We compare it with your current income after local prices.

Show the math
adjusted = income ÷ (RPP ÷ 100)
Florida: $100,000 ÷ (103.4 ÷ 100) = $96,712
North Carolina: $100,000 ÷ (94.3 ÷ 100) = $106,045
difference: $106,045 − $96,712 = +$9,333
Where the difference comes fromPrice components

Where the difference comes from

Price level by component, 100 = US average. The Difference column compares the destination price level with the origin; higher means the destination is more expensive.

Regional price parity by component for the two states, with the percentage difference.
Component Florida North Carolina Difference
All items 103.4 94.3 −8.8%
Housing rents 122.1 81.4 −33.3%
Goods 98.1 96.6 −1.5%
Utilities 90.1 88.6 −1.7%
Other services 101.3 98.2 −3.1%

BEA Regional Price Parities · SARPP · 2024 · rel. February 19, 2026 · Official data

Housing reality checkRent, homes & property tax

Housing reality check

ACS median gross rent, home value, and real estate taxes paid — statewide context beyond the index.

Florida Median rent$1,669/mo Median home$359,000 Median property tax paid$2,730/yr
North Carolina Median rent$1,228/mo Median home$288,900 Median property tax paid$1,896/yr

US Census ACS 5-Year Estimates · ACS5 · 2024 · rel. December 2025 · Official data

Tax at a glanceIncome & sales tax

Tax at a glance

Hand-curated, tax year 2026 · verified 2026-07-20

Top marginal and average combined rates do not estimate a household's total tax liability.

Income and sales tax for the two states.
Tax Florida North Carolina
Income tax (top rate) None 3.99%
Sales tax (combined avg) 6.98% 7.00%

Tax Foundation (income & sales) · Tax · 2026 · rel. tax year 2026 · Manually maintained · verified 2026-07-20

Official data Manually maintained 2 of 3 metrics sourced from official sources, 1 manually maintained. How every number is calculated →

Who comes out ahead in North Carolina?

The answer depends on your situation. Each card compares statewide medians for one situation; the state named is the one the numbers favor.

Keeping the same salary (remote work, pension) Favors North Carolina

An unchanged income buys about 9.7% more in North Carolina than in Florida. On $100,000 that is $9,333 of national-average purchasing power a year.

Renting Favors North Carolina

Median gross rent is $1,669 in Florida and $1,228 in North Carolina, $441 a month ($5,292 a year) less in North Carolina. Renters spend a median 35.2% and 29.5% of income on rent.

Buying a home Favors North Carolina

The median home is worth $359,000 in Florida (4.8× median household income) and $288,900 in North Carolina (4×). Median property taxes equal 0.76% and 0.66% of the median home value.

Earning a typical local income Favors North Carolina

Median household income is $74,568 in Florida and $72,388 in North Carolina. After adjusting for prices, that is $72,116 and $76,764: local pay goes further in North Carolina.

Looking for work Favors North Carolina

Unemployment is 4.6% in Florida and 3.6% in North Carolina (July 2026). North Carolina has the tighter labor market by 1.0 points. Pay for specific jobs is compared below.

Florida and North Carolina head to head

Statewide figures the calculator above does not show. “Edge” (bold on small screens) marks the state with the lower cost or higher income on that row; rows without a clear better direction are left blank.

Florida compared with North Carolina on income, housing, taxes, and jobs.
MeasureFloridaNorth CarolinaEdge
Income
Median household income $74,568 $72,388 Florida
Adjusted for local prices $72,116 $76,764 North Carolina
Housing
Homeownership rate 67.6% 66.6%
Rent as % of renter income 35.2% 29.5% North Carolina
Owner costs as % of income 18.9% 16.0% North Carolina
Home value ÷ household income 4.8× 4× North Carolina
Home price change, 2020–2025 · FHFA index +59.6% +62.6%
Taxes
Top income tax rate None on wages 3.99% (flat) Florida
Combined sales tax (avg) 6.98% 7.00% Florida
Median property tax paid $2,730 $1,896 North Carolina
Property tax ÷ home value 0.76% 0.66% North Carolina
Jobs
Unemployment (July 2026) 4.6% 3.6% North Carolina
Minimum wage $15.00/hr $7.25/hr
Everyday costs
Median rent, 2 bedrooms $1,664/mo $1,164/mo North Carolina
Average electric bill (2024) $156/mo $144/mo North Carolina
Electricity price 14.1¢/kWh 14.1¢/kWh North Carolina
Health care spending per person (2025) $10,574 $9,310
All consumer spending per person (2025) $66,061 $55,700
People
Population change since July 2020 +8.7% +7.2%
Net moves from other states +828,686 +468,133
Median age 42.6 39.1
Bachelor's degree or higher (25+) 34.1% 35.7%
No health insurance 11.5% 9.9% North Carolina
Average commute 28.0 min 25.1 min North Carolina
Crime (2025, per 100,000 residents)
Violent crime 260.9 330.3 Florida
Property crime 1,176.1 1,779.9 Florida
Murder 3.2 6.5 Florida
Climate (1991–2020 averages)
Average temperature 71.4°F 59.6°F
July average high 91.6°F 88.1°F
January average low 47.0°F 30.3°F
Precipitation 54.4 in 50.8 in

Sources: Census ACS 2024 5-year estimates, FHFA house price index via FRED, BLS LAUS, Tax Foundation 2026, US DOL minimum wage, EIA, BEA consumer spending, Census population estimates, FBI crime estimates, and NOAA statewide climate. Median property tax covers owner-occupied homes. Spending is in current dollars and reflects both prices and incomes.

Who is moving between Florida and North Carolina

Florida → North Carolina33,591±4,724
North Carolina → Florida25,865±5,677

In 2024, about 33,591 people living in North Carolina had lived in Florida a year earlier, and about 25,865 made the opposite move. On net, North Carolina gained about 7,726 residents from Florida that year.

Census State-to-State Migration Flows (ACS 1-year, 2024). ± values are 90% margins of error. Florida and North Carolina profiles list each state's largest sources and destinations. What the biggest moves trade →

Salary in North Carolina that matches your Florida pay

Pre-tax salary needed in North Carolina to keep the same purchasing power, using the all-items price levels (103.4 and 94.3).

Salary in FloridaEquivalent in North CarolinaDifference
$40,000 $36,480 −$3,520
$60,000 $54,720 −$5,280
$80,000 $72,959 −$7,041
$100,000 $91,199 −$8,801
$150,000 $136,799 −$13,201
$200,000 $182,398 −$17,602

What the same job pays in Florida and North Carolina

BLS median annual wages (May 2025), then the same wages adjusted for each state's price level. The last column names the state where the job's median pay buys more.

OccupationFloridaNorth CarolinaFL adjustedNC adjustedGoes further in
Registered Nurses $84,190 $84,350 $81,422 $89,449 North Carolina
Software Developers $130,980 $134,710 $126,673 $142,853 North Carolina
Elementary School Teachers $58,930 $54,930 $56,992 $58,250 North Carolina
Electricians $57,250 $56,800 $55,368 $60,233 North Carolina
Heavy & Tractor-Trailer Truck Drivers $50,640 $51,530 $48,975 $54,645 North Carolina
Accountants and Auditors $79,250 $82,050 $76,644 $87,010 North Carolina
Police & Sheriff’s Patrol Officers $74,470 $59,300 $72,021 $62,884 Florida
Pharmacists $135,970 $138,860 $131,499 $147,253 North Carolina
Dental Hygienists $91,980 $97,850 $88,956 $103,765 North Carolina
Welders, Cutters, Solderers & Brazers $50,640 $50,590 $48,975 $53,648 North Carolina

Prices inside each state

A statewide price level averages cities and rural areas. The BEA also publishes price levels for metro areas; here is the range in each state.

Florida

  • Lowest Wildwood-The Villages, FL 85.4
  • Highest Miami-Fort Lauderdale-West Palm Beach, FL 114.2
  • Metro areas 22

North Carolina

  • Lowest Rocky Mount, NC 88.0
  • Highest Raleigh-Cary, NC 98.2
  • Metro areas 16

Compare two metro areas directly →

Florida vs North Carolina: the read

The bottom line

Compare a $100,000 income in Florida and North Carolina: its purchasing power is $96,712 and $106,045, respectively, in national-average terms — a gain of $9,333. North Carolina is the cheaper of the two, running at 94.3 on the price index versus 103.4.

Where the difference comes from

The widest gap on the index is housing rents: Florida sits at 122.1 and North Carolina at 81.4 (100 = national), and North Carolina has the edge there. Rent is also the largest item in most household budgets, so this gap does the most to separate the two states' overall price levels.

Housing

Median rent runs $1,669 in Florida against $1,228 in North Carolina, and the typical home $359,000 versus $288,900. North Carolina is the more affordable place to buy.

Taxes

On tax, Florida has no wage income tax and a combined sales tax of 6.98%; North Carolina has 3.99% top income tax and 7.00%. Those headline rates are useful screening facts, but they do not calculate either household's total liability.

Full profiles: Florida · North Carolina. Every figure here is sourced on the pages linked above.

Florida vs North Carolina: common questions

Is it cheaper to live in Florida or North Carolina?

North Carolina is cheaper overall. Its price level is 94.3 against 103.4 in Florida (US = 100), so the same basket of goods and services costs about 8.8% less there. The difference is usually largest for rent.

What salary in North Carolina matches $100,000 in Florida?

About $91,199, before tax. That is $100,000 × 94.3 ÷ 103.4. Income tax, your actual rent or mortgage, and commuting costs can all shift the break-even point.

Which state has lower taxes, Florida or North Carolina?

Florida has no tax on wage income and an average combined sales tax of 6.98%. North Carolina has a flat income tax with a top rate of 3.99% and 7.00%. Median real estate taxes paid by owners are $2,730 and $1,896 a year. Which state costs a household less depends on its income, spending, and whether it owns a home.

Do people earn more in Florida or North Carolina?

Median household income is $74,568 in Florida and $72,388 in North Carolina. Adjusted for prices, that is $72,116 and $76,764 in national-average dollars, so households in North Carolina have more purchasing power at the median.

Are more people moving from Florida to North Carolina or the other way?

In 2024, about 33,591 people moved from Florida to North Carolina and about 25,865 moved from North Carolina to Florida, according to Census state-to-state migration estimates. That is a net gain of about 7,726 for North Carolina.

Comparing a different pair? Use the full tool →