Maryland vs Florida
In $100,000 in Maryland
$95,238
The same income in Florida
$96,712
$100,000 has $1,474 more purchasing power in Florida.
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 Florida
$98,476
to match $100,000 in Maryland, before tax.
We compare it with your current income after local prices.
Enter an offer greater than zero, or leave this field blank.
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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.
| Component | Maryland | Florida | Difference |
|---|---|---|---|
| All items | 105.0 | 103.4 | −1.5% |
| Housing rents | 121.1 | 122.1 | +0.8% |
| Goods | 102.5 | 98.1 | −4.3% |
| Utilities | 110.9 | 90.1 | −18.8% |
| Other services | 101.6 | 101.3 | −0.3% |
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.
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.
| Tax | Maryland | Florida |
|---|---|---|
| Income tax (top rate) | 6.50% | None |
| Sales tax (combined avg) | 6.00% | 6.98% |
Tax Foundation (income & sales) · Tax · 2026 · rel. tax year 2026 · Manually maintained · verified 2026-07-20
Who comes out ahead in Florida?
The answer depends on your situation. Each card compares statewide medians for one situation; the state named is the one the numbers favor.
An unchanged income buys about 1.5% more in Florida than in Maryland. On $100,000 that is $1,474 of national-average purchasing power a year.
Median gross rent is $1,705 in Maryland and $1,669 in Florida, $36 a month ($432 a year) less in Florida. Renters spend a median 30.8% and 35.2% of income on rent.
The median home is worth $419,900 in Maryland (4.1× median household income) and $359,000 in Florida (4.8×). Median property taxes equal 0.97% and 0.76% of the median home value.
Median household income is $103,678 in Maryland and $74,568 in Florida. After adjusting for prices, that is $98,741 and $72,116: local pay goes further in Maryland.
Unemployment is 4.2% in Maryland and 4.6% in Florida (July 2026). Maryland has the tighter labor market by 0.4 points. Pay for specific jobs is compared below.
Maryland and Florida 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.
| Measure | Maryland | Florida | Edge |
|---|---|---|---|
| Income | |||
| Median household income | $103,678 | $74,568 | Maryland |
| Adjusted for local prices | $98,741 | $72,116 | Maryland |
| Housing | |||
| Homeownership rate | 67.6% | 67.6% | |
| Rent as % of renter income | 30.8% | 35.2% | Maryland |
| Owner costs as % of income | 18.1% | 18.9% | Maryland |
| Home value ÷ household income | 4.1× | 4.8× | Maryland |
| Home price change, 2020–2025 · FHFA index | +39.7% | +59.6% | |
| Taxes | |||
| Top income tax rate | 6.50% (graduated) | None on wages | Florida |
| Combined sales tax (avg) | 6.00% | 6.98% | Maryland |
| Median property tax paid | $4,093 | $2,730 | Florida |
| Property tax ÷ home value | 0.97% | 0.76% | Florida |
| Jobs | |||
| Unemployment (July 2026) | 4.2% | 4.6% | Maryland |
| Minimum wage | $15.00/hr | $15.00/hr | |
| Everyday costs | |||
| Median rent, 2 bedrooms | $1,740/mo | $1,664/mo | Florida |
| Average electric bill (2024) | $166/mo | $156/mo | Florida |
| Electricity price | 17.9¢/kWh | 14.1¢/kWh | Florida |
| Health care spending per person (2025) | $10,109 | $10,574 | |
| All consumer spending per person (2025) | $60,794 | $66,061 | |
| People | |||
| Population change since July 2020 | +1.4% | +8.7% | |
| Net moves from other states | −129,734 | +828,686 | |
| Median age | 39.4 | 42.6 | |
| Bachelor's degree or higher (25+) | 43.4% | 34.1% | |
| No health insurance | 6.3% | 11.5% | Maryland |
| Average commute | 31.1 min | 28.0 min | Florida |
| Crime (2025, per 100,000 residents) | |||
| Violent crime | 358.0 | 260.9 | Florida |
| Property crime | 1,819.7 | 1,176.1 | Florida |
| Murder | 5.3 | 3.2 | Florida |
| Climate (1991–2020 averages) | |||
| Average temperature | 55.4°F | 71.4°F | |
| July average high | 86.8°F | 91.6°F | |
| January average low | 25.3°F | 47.0°F | |
| Precipitation | 45.2 in | 54.4 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 Maryland and Florida
In 2024, about 16,358 people living in Florida had lived in Maryland a year earlier, and about 9,358 made the opposite move. On net, Florida gained about 7,000 residents from Maryland that year.
Census State-to-State Migration Flows (ACS 1-year, 2024). ± values are 90% margins of error. Maryland and Florida profiles list each state's largest sources and destinations. What the biggest moves trade →
Salary in Florida that matches your Maryland pay
Pre-tax salary needed in Florida to keep the same purchasing power, using the all-items price levels (105.0 and 103.4).
| Salary in Maryland | Equivalent in Florida | Difference |
|---|---|---|
| $40,000 | $39,390 | −$610 |
| $60,000 | $59,086 | −$914 |
| $80,000 | $78,781 | −$1,219 |
| $100,000 | $98,476 | −$1,524 |
| $150,000 | $147,714 | −$2,286 |
| $200,000 | $196,952 | −$3,048 |
What the same job pays in Maryland and Florida
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.
| Occupation | Maryland | Florida | MD adjusted | FL adjusted | Goes further in |
|---|---|---|---|---|---|
| Registered Nurses | $99,790 | $84,190 | $95,038 | $81,422 | Maryland |
| Software Developers | $138,680 | $130,980 | $132,076 | $126,673 | Maryland |
| Elementary School Teachers | $77,680 | $58,930 | $73,981 | $56,992 | Maryland |
| Electricians | $73,490 | $57,250 | $69,990 | $55,368 | Maryland |
| Heavy & Tractor-Trailer Truck Drivers | $59,360 | $50,640 | $56,533 | $48,975 | Maryland |
| Accountants and Auditors | $89,370 | $79,250 | $85,114 | $76,644 | Maryland |
| Police & Sheriff’s Patrol Officers | $77,970 | $74,470 | $74,257 | $72,021 | Maryland |
| Pharmacists | $138,990 | $135,970 | $132,371 | $131,499 | Maryland |
| Dental Hygienists | $107,830 | $91,980 | $102,695 | $88,956 | Maryland |
| Welders, Cutters, Solderers & Brazers | $60,310 | $50,640 | $57,438 | $48,975 | Maryland |
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.
Maryland vs Florida: the read
The bottom line
Compare a $100,000 income in Maryland and Florida: its purchasing power is $95,238 and $96,712, respectively, in national-average terms — a gain of $1,474. Florida is the cheaper of the two, running at 103.4 on the price index versus 105.
Where the difference comes from
The widest gap on the index is utilities: Maryland sits at 110.9 and Florida at 90.1 (100 = national), and Florida has the edge there.
Housing
Median rent runs $1,705 in Maryland against $1,669 in Florida, and the typical home $419,900 versus $359,000. Florida is the more affordable place to buy.
Taxes
On tax, Maryland has 6.50% top income tax and a combined sales tax of 6.00%; Florida has no wage income tax and 6.98%. Those headline rates are useful screening facts, but they do not calculate either household's total liability.
Full profiles: Maryland · Florida. Every figure here is sourced on the pages linked above.
Maryland vs Florida: common questions
Is it cheaper to live in Maryland or Florida?
Florida is cheaper overall. Its price level is 103.4 against 105.0 in Maryland (US = 100), so the same basket of goods and services costs about 1.5% less there. The difference is usually largest for rent.
What salary in Florida matches $100,000 in Maryland?
About $98,476, before tax. That is $100,000 × 103.4 ÷ 105.0. Income tax, your actual rent or mortgage, and commuting costs can all shift the break-even point.
Which state has lower taxes, Maryland or Florida?
Maryland has a graduated income tax with a top rate of 6.50% and an average combined sales tax of 6.00%. Florida has no tax on wage income and 6.98%. Median real estate taxes paid by owners are $4,093 and $2,730 a year. Which state costs a household less depends on its income, spending, and whether it owns a home.
Do people earn more in Maryland or Florida?
Median household income is $103,678 in Maryland and $74,568 in Florida. Adjusted for prices, that is $98,741 and $72,116 in national-average dollars, so households in Maryland have more purchasing power at the median.
Are more people moving from Maryland to Florida or the other way?
In 2024, about 16,358 people moved from Maryland to Florida and about 9,358 moved from Florida to Maryland, according to Census state-to-state migration estimates. That is a net gain of about 7,000 for Florida.
Comparing a different pair? Use the full tool →