← All States
Florida
Low tax burden · COL index 103
Wins 7 categories
VS
Minnesota
High tax burden · COL index 95
Wins 10 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
None
Income Tax (top rate)
9.85%
0.77%/yr
Property Tax Rate
1.02%/yr
7.02%
Sales Tax (avg)
7.42%
Yes
Social Security Tax
No
Yes
Estate Tax
No
None
Capital Gains Tax
As income
Housing & Cost of Living
103
COL Index (100=avg)
95
$415K
Median Home Price
$335K
$1,900/mo
Median Rent (2BR/mo)
$1,450/mo
$4K/yr
Home Insurance (avg/yr)
$2K/yr
Crime & Safety
387
Violent Crime / 100K
286
1,882
Property Crime / 100K
2,094
Healthcare
#40 of 50
Healthcare Quality Rank
#2 of 50
77.3 yrs
Life Expectancy
79.4 yrs
13.2%
Uninsured Rate
4.5%
No
Medicaid Expansion
Yes
Education
#19 of 50
K-12 Quality Rank
#8 of 50
Yes
School Choice / Vouchers
No
Childcare
$1,000/mo
Avg Infant Care / mo
$1,450/mo
Utilities & Daily Costs
$155/mo
Avg Energy Bill / mo
$140/mo
$510/mo
Avg Groceries / mo
$500/mo
#26 of 50
Road Quality Rank
#7 of 50
Social Policy
F
Gun Laws Grade
B
R+13.0
2024 Presidential Margin
D+4.0
Category wins
7
Florida
10
Minnesota
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