Many people are opting to move from New Jersey to Florida. Moving from north to south can be a major adjustment. It can also be costly. However, there are several benefits that you can reap from moving to Florida. The benefits can outweigh all of the potential sacrifices that you will have to make to relocate.
Florida is one of the few states that do not collect income tax. Even if your income does not change, you can still save a lot of money. The Florida Constitution has forbidden this state from charging income tax. That is why you likely will not ever have to worry about paying income tax if you live in Florida.
This state also does not charge estate tax or death tax. Florida makes up for the lost revenue by enacting its own separate estate tax, which is known as decoupling. You will still have to pay federal taxes in Florida.
The weather is one of the things that attracts many people to Florida. Most days in Florida are warm and sunny. You will not have to worry about shoveling snow in the winter time. You also will not have to worry about dressing in layers. Florida’s winters are typically mild.
In fact, Florida has one of the mildest winters in the entire country. It is rare for it to snow in Florida. The highs in Florida typically range from the 60s to 70s in the winter time. The lows typically range from the 40s to 50s. The temperature in New Jersey frequently drops below freezing, so many people look forward to living in a place where it is warm year-round.
People in Florida enjoy outdoor events because of how nice the weather is. Additionally, because the weather is nice most days, you probably will not have to worry about canceling an outdoor event because of the weather.
Lots of Fun Stuff to Do
You likely will not have to worry about getting bored in Florida. There are a lot of attractions here. Florida is home to some of the most popular attractions in the world including Universal Studios, Disney World, Sea World and Busch gardens. There are also a lot of beaches, lakes, hiking trails and springs in Florida.
Additionally, you can explore exotic wildlife. The white-tailed deer, raccoons and manatees are some of the animals that you can find in Florida.
Lower Cost of Living
The cost of living will depend on the city that you live in. However, the cost of living in Florida is less than New Jersey. Your dollar will go a lot further in Florida than in New Jersey. Not only will you be able to get by on a lower income, but you may also have more disposable income. You may also have more money to give to charity, travel or do other activities that you like.
You will also be able to get a home for a lower cost in Florida. It is hard to get a home for less than $250,000 in New Jersey. However, you likely will be able to get one for less than $200,000 in Florida.
One of the reasons that Florida is a popular destination because it is known for its excellent healthcare. It is home to some of the most prestigious clinics in the country including the Mayo Clinic in Jacksonville and Cleveland Clinic in Weston. These clinics are known for their contributions to medical research. It is also home to the University of Miami-Jackson Memorial Center and Sarasota Memorial Hospital. You likely will not have any problem finding a good healthcare provider in Florida.
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