Florida
Low tax burden · COL index 103
Wins 4 categories
Minnesota
High tax burden · COL index 95
Wins 9 categories
Florida has no state income tax. Minnesota's top rate is 9.85%. The median home in Florida costs $415K vs $335K in Minnesota. Politically, Florida voted Republican in 2024 (R+13.0) while Minnesota went Democratic (D+4.0).
Taxes
Housing & Cost of Living
Crime & Safety
Healthcare
Education
Childcare
Utilities & Daily Costs
Social Policy
Category wins
4
Florida
9
Minnesota
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Score For My Profile →People Also Ask
Is it cheaper to live in Florida or MN?
Can you live on $3,000 a month in Florida?
Is $100,000 a good salary in MN?
Minnesota ranks number 50 out of 50 states nationwide for 100K A Year salaries.
Why are fewer people moving to Florida?
Rising housing costs, insurance premiums and climate concerns are major factors pushing residents out, despite the state's favorable tax structure and warm climate. Nationally, moving rates have slowed, with only 11% of Americans relocating in 2024, partly due to high housing costs across the country.