10 Cheapest Places to Live in Florida

by Ray Roman | Last updated on January 15, 2024

If you’re searching for a community with a high quality of life and affordability, look no further than Florida. As the third most populated state in the United States and the fastest growing, Florida offers many options for individuals seeking affordable living. Here are the Cheapest Places to Live in Florida.

However, it’s important to note that housing prices and other factors can fluctuate over time. In this article, we’ll explore some of the most affordable places to live in Florida based on current data.

Plant City, Florida

Located near Tampa and Orlando, Plant City is a charming town known for its strawberry festival and historic downtown area. With a median home price of $375,000 and a cost-of-living index of 94.7, Plant City offers an attractive combination of affordability and quality of life.

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The town’s median income is approximately $54,900, making it an ideal place for families.

Plant City is widely recognized for its annual Strawberry Festival, a beloved event that spans 11 days in March. The festival attracts tourists from across the state and features renowned entertainers, showcasing the town’s rich agricultural heritage and delicious strawberries.

Aside from its strawberry festivities, Plant City boasts a charming and historic downtown area. The downtown district has local businesses, boutique shops, eateries, and various entertainment options. Strolling through the streets of downtown Plant City offers a nostalgic experience and a glimpse into the town’s history.

Dade City, Florida

Situated east of Tampa, Dade City is a small town with a rich history and easy access to many popular Florida destinations.

With a median home price of $352,000 and a cost-of-living index of 86.7, Dade City offers affordability and its small-town charm.

Dade City’s downtown area exudes a charming ambiance with its historic buildings, local shops, and eateries. Visitors and residents can explore the town’s unique antique shops, and boutiques, and enjoy the warm hospitality of the community. The town also boasts two zoos, making it an appealing destination for animal lovers.

For outdoor enthusiasts, Dade City is surrounded by picturesque landscapes and natural attractions. The town is located near several state parks, allowing residents to enjoy activities like hiking, camping, and wildlife spotting.

Additionally, the TreeHoppers Aerial Adventure Park in Dade City offers thrilling experiences for those seeking adrenaline-pumping adventures.

Melbourne, Florida

Located on Florida’s Space Coast, Melbourne is a beach lover’s paradise. With beautiful beaches, golf courses, and outdoor activities, it provides a high quality of life at an affordable price.

The median home price in Melbourne is $329,950, and the cost-of-living index is 90.9.

One of the main draws of Melbourne is its stunning beaches. With easy access to the coast, residents can enjoy miles of sandy shores, ideal for swimming, sunbathing, surfing, and beachcombing. The city’s beachfront parks, such as Paradise Beach Park and Melbourne Beach, offer amenities like picnic areas, volleyball courts, and boardwalks, making them popular destinations for residents and visitors.

In addition to its coastal attractions, Melbourne is known for its abundance of outdoor recreational opportunities. The city boasts numerous golf courses, nature trails, and parks where residents can engage in activities like hiking, biking, birdwatching, and wildlife spotting. The nearby Brevard Zoo is also a favorite among families, providing a chance to get up close to various animals and participate in educational programs.

Edgewater, Florida

Nestled between Daytona Beach and Cape Canaveral, Edgewater offers affordable living in a coastal setting. The town provides access to beaches, nature trails, and springs, making it an ideal location for outdoor enthusiasts.

The median home price in Edgewater is $318,500, and the cost-of-living index is 91.2.

One of the main attractions of Edgewater is its access to Atlantic Ocean beaches. Residents and visitors can enjoy the sun, sand, and surf at nearby New Smyrna Beach, which is consistently ranked as one of the best beaches in Florida. The area is perfect for swimming, surfing, fishing, and other water activities, making it a popular destination for beachgoers of all ages.

In addition to its coastal offerings, Edgewater is renowned for its natural springs and waterways. The town is situated near the Indian River Lagoon, a diverse ecosystem that provides opportunities for boating, kayaking, and wildlife viewing. Nearby parks, such as the Canaveral National Seashore and Mosquito Lagoon Aquatic Preserve, offer pristine natural environments where visitors can observe birds, manatees, dolphins, and other wildlife species.

Gainesville, Florida:

Home to the University of Florida, Gainesville combines the energy of a college town with natural beauty. The city offers numerous biking and hiking trails, state parks, and outdoor activities.

With a median home price of $300,000 and a cost of living index of 89.9, Gainesville provides affordable living for its residents.

Gainesville’s downtown area, known as Downtown Gainesville, is a hub of activity with its eclectic mix of local shops, restaurants, art galleries, and music venues.

The Bo Diddley Plaza, located in the heart of downtown, hosts regular events, concerts, and festivals, further enhancing the city’s cultural scene. The popular weekly farmers market, held downtown, showcases local produce, crafts, and artisanal products.

Nature lovers and outdoor enthusiasts will appreciate Gainesville’s abundant natural beauty. The city is surrounded by picturesque landscapes, including lush forests, natural springs, and scenic trails.

Popular outdoor destinations such as Paynes Prairie Preserve State Park and the nearby Devil’s Millhopper Geological State Park offer opportunities for hiking, birdwatching, and experiencing Florida’s unique ecosystems.

Bartow, Florida:

Bartow, the oldest city in Polk County, boasts a rich history and a small-town atmosphere. The city features historical landmarks, antique shops, and a welcoming downtown area.

With a median home price of $299,000 and a cost-of-living index of 83.8, Bartow provides affordable housing options for its residents.

Homosassa Springs, Florida:

Located on Florida’s Gulf Coast, Homosassa Springs offers a relaxed lifestyle with abundant nature and outdoor activities. It is known for fishing, boating, and its abundant manatee population.

With a median home price of $289,000 and a cost-of-living index of 85.3, Homosassa Springs provides an affordable coastal living experience.

Titusville, Florida:

As part of Florida’s Space Coast, Titusville offers a unique blend of natural beauty and aerospace industry presence. The city provides easy access to beaches and state parks, along with opportunities to witness rocket launches.

With a median home price of $278,500 and a cost-of-living index of 87.1, Titusville offers affordable living with a touch of space exploration.

Fort Meade, Florida:

Fort Meade, the oldest city in Polk County, is known for its Victorian homes and historical landmarks. With a population of under 10,000, Fort Meade offers a small-town atmosphere and affordable living.

The median home price in Fort Meade is $180,000, and the cost-of-living index is 79.5.

Quincy, Florida

Located near Tallahassee, Quincy is a small city with Victorian charm and a quaint downtown district. With a median home price of $136,000 and a cost-of-living index of 80.5, Quincy is one of the most affordable places to live in Florida.

The city’s low population and affordable housing make it an attractive option for individuals seeking a quiet and affordable lifestyle.

Cheapest Places to Live in Florida Final Thoughts

Florida offers a variety of affordable places to live, each with its own unique charm and attractions. Whether you prefer coastal living, small-town atmospheres, or proximity to major cities, Florida has options to suit your preferences.

However, it’s essential to stay updated on current housing prices and other factors that may influence affordability. Always research the latest data and consult with local real estate professionals to make informed decisions about the best places to live in Florida.