Florida's overall cost of living is near the national average, with a score of 102.4, making it less expensive than 16 other states, Puerto Rico, and Washington, D.C. Gen Xers face the highest living costs in Florida, averaging $46,284 annually, significantly more than Gen Z and millennials. Expenditures vary by generation, with Gen X spending more on groceries, housing, and transportation, while baby boomers have the highest healthcare costs. The study analyzed data from various sources to determine these averages.
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