It is expensive to live in Florida compared to other states in the USA but with a very small margin difference. The prices of social amenities in Florida are not different from those in other states. The price of other services like transport is also not hiked in Florida. What is the reason for the slightly high cost of living in Florida in relation to other states? The sole reason living in Florida is more expensive compared to other states is the high cost of renting or owning a house.
Reasons Why It Is Expensive To Own A House In Florida
- Harsh weather conditions. Due to often occurrences of harsh weather occurrences in Florida, the houses need more building materials to build a stable house that will withstand these weather conditions. This means that a lot of money is needed to achieve this for building materials and hiring labor.
- Availability of land for building houses. Florida has a very big forest that experiences wildfires now and then. This makes most areas in this state unsuitable for habitation. Tornados also make it difficult to build houses in high areas. This leaves a very small piece of land for building houses, increasing the demand.
- Dangerous environment. There are dangerous animals in Florida, which adds to the cost of owning a house. When living close to the woods, you must invest in electric perimeter fencing and hire security.
- Tourist attractions. Florida has a very big ocean and beaches, a big source of tourism income. Even though this is a means of generating income, it has increased the prices of owning a house close to any tourist attraction site.
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