New York vs Florida

Household income

Currently in

Moving to

Your $100,000 in New York is worth

$92,678

at national prices · RPP 107.9BEA RPP SARPPSource: BEA Regional Price Parities · SARPP · 2024 vintage · released February 2026 · Official API

The same income in Florida is worth

$96,712

at national prices · RPP 103.4BEA RPP SARPPSource: BEA Regional Price Parities · SARPP · 2024 vintage · released February 2026 · Official API

Your income goes +$4,034 further in Florida (+4.4% purchasing power).

Show the math

adjusted = income ÷ (RPP ÷ 100)

New York: $100,000 ÷ (107.9 ÷ 100) = $92,678

Florida: $100,000 ÷ (103.4 ÷ 100) = $96,712

difference: $96,712 − $92,678 = +$4,034

Where the difference comes from

Price level by component, 100 = US average. Higher means more expensive.

Regional price parity by component for the two states, with the percentage difference.
Component	New York	Florida	Difference
All items	107.9	103.4	−4.2%
Housing rents	122.2	122.1	−0.1%
Goods	107.3	98.1	−8.6%
Utilities	134.4	90.1	−33.0%
Other services	104.1	101.3	−2.7%

BEA Regional Price Parities · SARPP · 2024 · rel. February 2026 · Official API

Housing reality check

Typical rent and home price in each state — tangible context beyond the index.

New YorkMedian rent$1,621/moMedian home$423,800

FloridaMedian rent$1,669/moMedian home$359,000

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

Tax at a glance

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

Income and sales tax for the two states.
Tax	New York	Florida
Income tax (top rate)	10.90%	None
Sales tax (combined avg)	8.54%	6.98%

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

Official API Manually maintained2 of 3 metrics sourced from official APIs, 1 manually maintained. How every number is calculated →

New York vs Florida: the read

The bottom line

Move a $100,000 income from New York to Florida and its purchasing power changes from $92,678 to $96,712 in national-average terms — a gain of $4,034. Florida is the cheaper of the two, running at 103.4 on the price index versus 107.9.

Where the difference comes from

The widest gap is utilities: New York sits at 134.4 and Florida at 90.1 (100 = national). Florida has the edge there, and it's the main reason the two states diverge.

Housing

Median rent runs $1,621 in New York against $1,669 in Florida, and the typical home $423,800 versus $359,000. Florida is the more affordable place to buy.

Taxes

On tax, New York has 10.90% top income tax and a combined sales tax of 8.54%; Florida has no wage income tax and 6.98%. That income-tax difference can outweigh a chunk of the cost-of-living gap for higher earners.

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

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