Living in TEXAS vs. FLORIDA
ฝัง
- เผยแพร่เมื่อ 20 มิ.ย. 2023
- Comparing typical finances of someone living in Texas vs Florida.
#taxes #florida #texas #democrat #republican #salary #usa #networth #debt #costofliving
________________________________
Subscribe for more :)
/ @thenextgenbusiness
All sources used ► thenextgenbusiness.com/data/
Instagram ► / thenextgenbusiness
Twitter ► / thenextgenbiz
Facebook ► / thenextgenbusiness
Insurance in florida takes everything and pay nothing
Same in TX.
That's because they cannot drive in Florida I've never been so scared to drive in my life and I drive a Transit bus for a living so now I actually had to get a rental in Florida for a few days ohmygod I just knew somebody was going to hit me😂
Ins is going up nationwide. Its all planned destruction.
@@Kazeshini6 same in CA and now theyre all going to az and tx.
Insurance period in FL. Home insurance is through the roof - 7k a year for a beat up house in the stix, let alone something nice. And that's not even covering medical costs. FL has some of the most expensive medicine in the US. I actually visit relatives out in other parts of the US for anything that's not an ER visit. The airfair + out of pocket is half of what I'd be charged in FL.
With Florida you get beaches, with Texas you get mud flats
Texas has a ton of beaches believe it or not
Mud flats with tar in them. Galveston Beach is garbage lol
@@robertn.4329 Galveston isn’t the only beach in Texas.
@@robertn.4329 and Florida has dirty ass beaches and swamps, If you want a Texas beach try port Aransas or courpus Christi
@tylerzuniga2231 I don't think I've been to Miami is it bad right now or nah?
Property Tax More like 6-7K in Texas.
Live in big city you get big taxes.
Same in Florida. It’s based on purchase price. If you buy a $500k home taxes are closer to $12,000 not $2000. I bought my house in 2015 for $238k and my taxes are $4k. You can look up any house on the county property appraisers website and most have a purchase price calculator.
That is still quite low, I pay 15k in NJ.
that really depends on your location. owning a house in big city close to big governmental infrastructures are like paying rents monthly
bro said a two bed is 1300
LMFAO
Yeah, what neighborhood?
I bought a 3 bed 1 bath in Kentucky just south of cincinatti and my mortgage every month was about $1250 only putting 5% down and it wasn’t in bad shape or a bad neighborhood. The whole country isn’t like your town
@@ladytess28 Richmond, Texas, outskirt of Hoston
I'm Austin that is for 1 bed aptment
@@jamescliff8038My 3700+ sq ft house here in western Carmel, Indiana (northern suburb of Indianapolis) Im only an hour and a half away from cinci and my mortgage is only 2000 a month and that’s a 15 year mortgage I bought in 2021, Home was worth 370K now it’s 435,000. You can find 2 beds here for 900-1000 a month.
The one bedrooms here are $1900-$2000 Orlando area FYI
tampa one bedroom starts at $2,100
@@petdoctor3tampa is a little more out of control lately
South florida you can be in the ghetto for 1900… if you want nice $2,100+
@@yorsan2240 it is, my wife and i was there for vacation last week, during our vacation we were looking at apartments in tampa and the suburbs, brandon, riverview etc, shyt is insane!
Dont try to live beyobd your means in fancy highend areas. Most decent 1bdrms in OR in a decent safe area are 1300-1400/mo. Tx getting worse because CA all moving to tx with their politics, crime, traffic. Its similar in FL but not half as bad as tx.
Texas isn’t cheap anymore
Yup all the Californians that are moving over there
@@juanescalante9972 they hate our way of living but come over here lmao
@@alocalpaperboy Hate the culture love the prices
For perspective, I left Texas paying 2700 for a 3bed 4bath in Houston and that’s what I pay now for my 1 bed in NYC
Why did you leave? Did you get good job opportunity in NYC?
@@latashaallana7252 I did, took a while after school, and I’m still paying off loans but yes I have the best job I’ve ever had now
57,703 salary in Florida ? 1676 2/2 apartment ? Where? Not in Miami 😅
I am moving out of Florida after 12 years 🤷🏻♀️
Fr, im 11 generations and cant afford to live here
@@weaponizedham826 god damn 11 generations? Did you inherit millions
As a Texan that lives in Dallas
It is great but if u r a liberal u will hate it here
I live in a nice area in Northwest San Antonio Texas and I live in a big one bedroom with a washer dryer hook up with two balconies we have a pool we have a gym it's back up off the road so it's like a little oasis in here and I pay $867 a month before utilities
In which city?
See Texas is cheaper Florida you would have to pay 4 times that
Smart choice in these odd times.
Which apts? I live in SA and been trying to find an affordable apt for my brother but anything I find under $900 is for income based/ section 8 housing.
In Florida your home and car insurance is thru the roof and the groceries/gas cost is insane. Do not move here!
Hahah yeh right groceries were cheap and gas was too last time i visited
As a native Floridian it sucks here don't move here
Better then texas
Not everyone has the same opinion as I LOVE Florida as I can’t wait to soon to Miami 🌴🇺🇸🇵🇷🇮🇹🇯🇲🌴
@@ScorpioPapiyou must be rich
@@CheapsKate77 I make a mixed 6 figure income with more to come so technically
@@ScorpioPapi then you should be fine living in Miami. I’m in social work so I make $40k/yr and need to move somewhere affordable.
Florida is hot af and you def have to deal with hurricanes yearly, but this place is heaven compared to the depressing crime ridden Chicago that I grew up in, with blizzards and being cold all the time. I think a lot of native Floridians don’t realize how good they have it here.
There is crime in Florida but ok
What about part time job for international student?
I will move soon from Bangladesh to Florida,,,so please inform me about this matter 💁
The cities in florida is wack. Native floridian here. Also going outside when the sun is out feels like youre dying and suffocating off heat. Also theres nothing to do in florida.
Please don't move to Florida, the traffic is 3 hours for an 40 minute drive. And the more people that move here the worse it gets.
Very subjective. You live in south Florida, it’s going to cost you. Live in the panhandle, not as bad. Property taxes crush you in TX more so than FL. Both have zero state income tax which is a plus.
Property taxes are higher in Texas, but the homes are also larger and cheaper than in Florida. So when including the mortgage and insurance payments along with property taxes, it would still be cheaper to buy a home in Texas.
TEXAS IS A HORRIBLE STATE.
Florida has a higher minimum wage as well.
Florida has a higher minimum wage as well.
@@mmmd3429Nobody is paid minimum wage so it doesn’t matter.
Abbott just passed a reduction in property taxes so we'll see how much it'll be reduced this year
You’re right in rent. Here in Florida, a crappy, falling apart apartment can go for 1k a month.
1k???
We haven’t had rents as low as 1k in palm beach county in years
$1800 in miami for a "studio" of you get lucky ( in a bad neighborhood of course, on Brickell its atleast $2500 for a studio easy)
$1700 Panama City beach it’s crazy
$1000 rent for an one bedroom apartment?
That’s a great one. Try California where one bedroom apartment is 2-3 times more.
lol a crappy room in Canada can reach $1000
In Florida we're bordered by oceans on 3 sides, Texas is bordered by illegal immigrants from all over Earth
Florida rents are going up while wages stay low ! Unless you plan to buy a house cash or have several roommates it ain’t gonna work !
That’s 90% of the country at this point. Even my small home town has rent as high as $1200, pre- covid I paid $730 for the same place. And trust me, wages have not climbed more than $2-3 since then if that.
@@caleb2507exactly I have literally not seen someone complain about their city having a high cost of living, and I'd rather Florida over a lot of these other places with high cost of livings
Air condition bills are enough to kill you in Florida 😭🤣
Forgot the most important thing.. the electric bills.
man i really wanna make a move michigan has never looked like such a dead end
Michigan is a prison state.
Yeah me too bro. I’m considering to leave Michigan for Phoenix AZ
Stay out west. The south is packed and getting more packed. The North just sucks unless you’re a nerd. The West has land, space, honest work and God still roams.
Same, I'm from Minnesota, sucks here
Lies.. I’ve been in Texas all my life by entire families in Texas and nobody’s median salary is 63,000. That is a damn lie.
except a person earning $30.28 per hour
Median household income in Texas is 72,284 USD. May be go out to the suburbs and you see lots of people making 6 figures, Northern dallas, frisco, prosper etc.
Social group bias my friend. That's why anecdotals are so unreliable when judging a population size of tens of millions.
We tend to surround ourselves with people in our income bracket and ideology.
If you are not makit doesn’t mean no one is making
Average net worth is 600,000? What? Where did you get that data
Where, indeed. Based on a 2019 survey by the Fed, the mean/median for each state is:
FL: $410,000/$95,770
TX: $340,000/$90,390
The overwhelming majority of people have a negative net worth. So pretty much retired people with their homes paid off or multi-millionaires.
When you factor all the homeless into the numbers, how could it be that high?
SMH
@@bryantsherman7263they never count homless because they never file
Still love Florida. It has its issues but it’s a beautiful state. I wouldn’t want to live on the coast but I would definitely consider living inland.
Wouldn't be so much better financially if they were places ppl actually wanted to live lol
I’ve lived in both. Texas is HORRIBLE in the summer. An absolute sweat bath with no relief. The beaches are nasty.
Now Florida is also a sweat bath in the summer but the beaches are amazing!!
Agree! 100%
As a Floridian, go to Texas and I don’t mean this a “FlOrIdA iS fULl” thing. We get hurricanes all the time. Just now, we’re getting one sometime this week. This may or may not mean that your employer has to shut down for the whole week. If you get flooded, you’re not leaving your house for 3 days. If you’re employer is decent, they’ll pay you to sit at home, if not, your out of a paycheck for a week or two. Seriously, I know TX has its issues, but it’s definitely a better move.
Texas has tornadoes and flash floods. Also straight line winds that can knock over buildings. Droughts the last months. Really crappy traffic. People are mean. Florida has better everything.
2 bedroom apartment by me is anywhere between 2k and $3,400 a month in Orlando. 😂 Florida has become overcrowded in the past 5-10 years so traffic is so bad it takes 30 minutes minimum to go a few miles up the street.
You talking about traffic I live in the Philippines soon to go back to the USA in a few months, traffic here is pure hell, I grew up in New York City and the Philippines hands down is the worst. No traffic laws everyone brakes the law, go 2 kilometers it will take almost 1 hour, even thoug its cheap here but 99.9% of all products are imported from China who dumps their cheap products here.
It’s the tourist and I hate them
@@eddiesaninocencio6635
You would have a heart attack after seeing Kochi, Trivandrum, Banglore, Chennai, Mumbai, and Delhi😂
classic i4 lol I can relate to that. way way too crowded now...
@@etpass8595 I'm not even talking about I4 I'm talking normal streets are heavily overcrowded now. 😂
1,200 square foot 55 year old tract homes in my average San Jose. CALIFORNIA neighborhood START at $1,500,000.00. The same home in Fort Worth, Texas, would be $275K to $325K.
you'll do better avoiding both of them
I can tell you right now as a native Texan at least Florida doesn't have a flood of Californians moving in.
Californians as in Bay Area Indians
@@CaptainBenjamins in Florida we got new yorkers and I'm one of them NYers lol
No the Floridians have the New Yorkers!!😅
@@danacaro-herman3530 yeah i’m one of them 😂
@@jefestar The New Yorkers have over taken CT ( my primary home as well. I can't escape you people 😂😂😂. I'm not complaining though really, I have a lot of beautiful friends from NY.❤️😊
Can you do the Midwest states, Like Iowa and Illinois?
Those are not popular state ; the most popular state NY California Texas and Florida the biggest four
NO DONT MOVE TO TEXAS. WE’RE FULL… GO HOME!
suburbs and asphalt. every picture you showed was just suburbs and asphalt. maybe taxes, etc are better, but these aren’t places with real cities. their cities are just suburbs and asphalt. to each their own, but I’d go insane. get me a house in milwaukee
Forgot lots a utility and insurance will eat up all ur pay
I was born in Florida, lived there for 33 years until I moved to Texas in 2002. I am now 54 & it was the best move. Texas is better. Not as humid.
PLEASE move to Texas, you'll love it. Florida is horrible with alligators, riptides, snowbirds, etc. Please don't move here. We native Floridians will thank you!
But I'm a Yankee boy from New York City I want to live in Florida, I'm on section 8 housing, I get food stamps so i can live very well.
@@eddiesaninocencio6635 section 8 housing, I get food stamps so i can live very well.On this you are better off in Texas. .
No Texas is a horrible place a lot of people dying the weather sucks and the people are horrible.
Love to Florida
Im from Florida and my family moved to Texas we so badly want to move back its hard to find groceries we need here we live in south Texas and it's hard to find shredded cheese in Florida we have publix were they have buy one get one free deals being poor there we lived pretty good o didn't even know we were poor living here we can't find groceries and struggle with money its also pretty sad here no real trees and the people can be really rude I miss my home I miss Florida
I'll talk to Donald Trump see if he can help you come back to Florida.
Wait what part of Texas you live in with no trees🤣🤣
They don't tell you about the 1,000 a month air conditioning bill. Texas is too hot and humid. Hard pass
I think Florida is hotter and more humid
@@CheapsKate77 As someone who lives in FL - it is. 90% humidity year round. Hope you like getting heat exhaustion in January. It's actually contributing to the housing problem here - it's hard to do outdoor work when it's too hot to work outside most of the year.
@@SkySong6161 the heat is what brings people to Florida. I live in Florida and the housing prices are increasing because people keep coming here.
My plan is to move back to New England, or somewhere cooler.
@@CheapsKate77 Oh, I'm aware. It's also why the majority of them leave. lol. I'm native, and the natives don't bother getting to know the transplants for exactly that reason - we know they're gonna leave in 2-5 years anyway, there's no point in getting to know them. You would not believe the whining of "it's so hot" "it wasn't like this at Disneyworld" "why's everything so expensive?" now that they're not on vacation.
@@SkySong6161 I find the opposite to be true. I’m also a native Floridian and I can’t stand the heat. I’ve always hated it. However, I’ve known many, many transplants here who have been here for many years and love it and would never leave.
And I can assure you in South Florida there is nothing to rent for $1676 per month.
Would love to see a breakdown for moving from Colorado to Arizona ❤
2 bedroom for $1,300 where? 🤨
In St Pete (Tampa area) it was that much in my complex, but that is def rare to find. I lucked out.
I need to find a video breakdown between Texas, Florida, and Arizona to find the best place to ride it out long term even in a depression.
Az tuscon
Living in Arizona. Tell him Firefly sent you 👍
We pay 800 a month for our 3 bedroom 2 bathroom in TX.
Use to be like that in Houston but not anymore😢
yet texas is still so bad.
Hello DC monster blood I'd like to ask if it's okay I am a senior in San Francisco born and raised I'd like to know what part of Texas did you move to if it's okay with you I'd like to move to another state I love Florida I've been in Texas once since a little girl I've always dreamed of living at either one of the states Texas because it reminds me of the dryness of California and Florida is because we're my mother's family lives all I know is that my state isn't what it used to be and it's very sad it used to be considered the land of milk and honey it is nice meeting you and and I am so glad that you and your family were able to find to find a home affordable and good for you I believe that every American should have the right to have affordable rents...... Thank you Texas for having a great heart.... Take care and hope to hear back......😊🎉 Remember the Yellow Rose of Texas............
@@blancaestrada396 Look into the places that are Small but not so small there is no walmart or anything. Vernon TX (Not Mount Vernon) is a Decent place I lived there before and it is pretty close to everything you could need population is around 11k, Whitchita falls 45 min away, Dallas 2 1/2 or so hours away, and lakes in every direction. I am still in Central TX but I live in the middle of nowhere, not even in a town I live on what is considered a farm to market road, we pay rent to waggoners its a massive ranch they have locations throughout Texas. You could also look into a lot of the Surrounding areas if you dont mind being in a small place that is about 15 minutes from a town, oklaunion, harrold, olney.. so many options Honestly, this is just stuff off the top of my head, I am sure there is some videos could help much better then me.
Where in Texas? That does not seem even remotely possible unless you are in a quite remote town. Texas is a very large state, and maybe you live in far west Texas?
Ignorance Project agenda Membership is required.
Yup. They forgot to mention insurance that's taking a huge chunk out of your pay. Homeowners and auto!! In Florida!!!!
There is no income tax in Florida.
You’re not smart
The one caveat to this is that you have to live in Texas or Florida
What income tax are you taxing if both states have no state income tax?
While both Texas and Florida do not have a state income tax, you still have to pay federal income tax.
Compare the minimum wage to each state. Florida wins
@@user-hm1zb8js5i federal tax is the same and has nothing to do with the state so why factor it in when comparing states
Federal.
@@mmmd3429Nobody is paid minimum wage, Texas has higher median household incomes meaning Jobs pay way higher in texas. The average high schooler fast food worker in texas makes 13 an hour meanwhile florida is 14, however Texas is WAY CHEAPER so that 10% higher wage goes out the window.
You need to do an update
but the beach so……
Texas is probably the better of the two.
Florida doesn't have as much space. And less people of Working Age.
Double every statistic including income and that’s Seattle.
I've lived in both Texas(Houston) and FL ( Tampa+Orlando) and I did better financially in Texas. Gorgeous apartment. Pay in FL is ridiculously low. Im back in FL due to my elderly parents living here.
In Missouri you can buy a house for 85k and jobs pay better than most of the country because we have unions here. I hate Missouri, but of all the places I’ve lived, at least it’s financially feasible to survive
I actually currently and both states. As a homeowner in Florida, homeowners insurance isn't too bad in Fl. Depends on the county and how close to the beach you're. Auto insurance is way higher. I pay 300+ for 2 vehicles, and i have a perfect record. Verus Texas i was paying only 150 a month. Groceries are higher here, gas higher here, fuel taxes properly than Texas. Groceries sucks here. Shout out to a HEB, aka Central Market. Pubiix in FL sucks. Apt in Texas is high, Dallas areas new apt, easily 1500-2k for a 1bd, Florida and be the same depending where you at can way higher. Twxas has way better higher salaries. Depending on field easily 75k plus. I work in Texas, making over 100k, while i still stuck here. I paided 400k for my house in Fl, 30 mins from beach. If you decide to move to Fl plz do your homework food, gas, utilities are higher tax are higher than Texas. But there's way more things to do here than Texas.
No income tax in either state.
Job Opportunity is one of the most neglected parts of the equation.
Sure we can talk about income. But what specific companies are in the area? And is it easy to get hired by them?
If not. Income doesn't mean anything.
Texas blows Florida out of the water with job diversity
Where are you getting those rent prices from in Texas because rent is SoCal expensive. Texas is FULL!!!!
Yes, that is correct. Please move to Texas Florida is completely full.
The other video just stated the rent in Florida was less then 1600 and California was 1650 what’s going on?
Wither one is better than any blue state.
Out of all the major cities from both states, San Antonio Texas seems to be an affordable city with a decent landscape, scenery, hiking, things to do.
But BEACH
This is very misleading since he doesn't mention the percentage of people making the median salaries. Minimum wage in Texas isn't even a double digit number.
All you talk about is money! What about sea level rise? Flood insurance? Gun violence?
You have to take into account lifestyle:Texas is boring, backwards,Florida is progressive .
I would chose Texas due to houses being cheaper.
Studio apartment downtown Austin Texas 1200 to 1600 a month
Regardless neither is worth it unless all a person cares about is a detached home, i rather live in the NYC metro area or LA/Orange county and take advantage of all the fun and live in the condo and then hopefully a townhouse forever.
Average net worth $634,000 🤣🤣🤣🤣 very funny
Straight to the point
2 out of 3 Americans can’t afford a 400 dollar emergency expense. The average net worth is not 600k + for a person 😂😂😂😂😂
Average rent for a one bedroom apartment is around $1400 now
I would like to see what the median net worth is and not the average. I highly doubt that most ppl have that net worth in either state
Sink holes in Florida are everywhere
The only city i would want to live in florida would be miami because you dont need a car. But in texas you need a car for everything
You need a car in Miami too. lol. Are you living and working in the tourist trap? You'll be fine. But unless you can afford a 10k studio, you'll probably be driving.
I pay 1600 a month in Ocala and in in the hood brother
Average net worth makes no sense. Median is what you want. Seriously basic math class
Shout out Florida love from Dallas
Sou brasileiro e estou em duvida entre a Flórida, Nova York, Texas e Massachusetts.
Texas. O imposto sobre o salário e um dos menores e tu encontra casas boas com 130.000 , 140.000 dólares à venda.
you need to calculate the amount of breads you can buy and how much you pay for the size of housing, to actually get a decent comparison
Team Texas!! I live there
Really cut and dry isn't it. When medians mean the world to you, you might be out of your depth. There's 10000 more things involved when moving
Rent in florida for two bedroom is 2400
I live in texas the humidity will kill in florida.
Florida is 1700-2000 for a one bedroom
I like the pictures in your video.
How do you get a medium salary? Cause mines keeps hovering around 27,000 a year to like 30,000 at my peak. I can't get out of this bracket i had to have two jobs to get up to 30,000
I live in one, and a lot of my family lives in the other. They are both crap states. You can be happier and safer elsewhere.
I can grow all the tropical fruits and vegetables all year round and enjoy them which will give me great health
Florida: hurricanes.
Louisiana: hurricane parties.
As a Floridian, I've been to both Huston and Dallas multiple times. I must say, i was not impressed. Big, dull, corporate wastelands. I hear San Antonio and Austin have more personality.
The problem with Florida and South Florida specifically is that the prices in 2024 and beyond are going the way of NY and California! With that said, the days of Florida being a cheap paradise is over! Texas is getting expensive in the major cities but nothing like Miami. What this tells you is that it’s cheaper to live in Texas and visit Florida for the majority of people!
Real estate agent in Texas here. Please correct the property tax in Texas.
In the Houston metro, property tax is between 8-12k fafo
I live in Miami, FL so this is very inaccurate 😂
An average price of $1300 rent is a complete lie in Florida. I think you just made up that statistic honestly
Nope because rent is $1600 but what if you own, then it is better to look at property taxes.