Part 2/11:
Despite the long-held belief that Florida is affordable due to the absence of state income tax, many residents now feel trapped by the rising costs. The overall cost of living has surged, particularly in housing, which has been identified as one of the least affordable states in the U.S. Home prices have skyrocketed by an astounding 138% from 2014 to 2024, making homeownership increasingly burdensome for the average resident. Coupled with sky-high insurance costs, particularly for homeowners, the financial picture is alarming.