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Texas vs Florida

A comprehensive side-by-side comparison of cost of living, wages, taxes, and housing between Texas and Florida. Updated for 2026.

Quick Summary

Texas is 8.9% cheaper to live in than Florida. However, Texas has a higher median household income ($67,321 vs $63,030). Average rent for a 1-bedroom is $1,100/mo in Texas vs $1,450/mo in Florida.

Cost of Living Index

93.9

Texas

102.8

Florida

8.7% lower in Texas

Minimum Wage ($/hr)

$7.25

Texas

$14

Florida

48.2% lower in Texas

Median Household Income

$67,321

Texas

$63,030

Florida

6.8% higher in Texas

Average 1BR Rent ($/mo)

$1,100

Texas

$1,450

Florida

24.1% lower in Texas

State Sales Tax Rate

6.25%

Texas

6.00%

Florida

4.2% higher in Texas

Frequently Asked Questions

Is Texas or Florida cheaper to live in?expand_more

Texas has a lower cost of living index (93.9 vs 102.8), making it approximately 8.7% cheaper than Florida overall.

What is the minimum wage difference between Texas and Florida?expand_more

Texas has a minimum wage of $7.25/hr while Florida has $14/hr. The difference is $6.75/hr.

Which state has higher median income: Texas or Florida?expand_more

Texas has a higher median household income at $67,321, compared to $63,030 in Florida.

Explore Individual States

Texas

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Florida

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