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Living in the Keys has real cost advantages
But the truth of the matter is, living in the Florida Keys is actually a lot more affordable than most people believe. And if you wonder why the Keys aren't expensive, you only have to compare living in South Florida with living in the midwest or northeast.
The Affordability of the Florida Keys
When you live in the northeast or midwest, you're living expenses are far more costly than residing in the Keys. And here's just a few examples of why:
No income tax. There is no state income tax in Florida. What's more, there's no county or municipal income taxes like there are in cities like the Big Apple.
Utilities cost a lot less. Heating oil prices rise year over year. Here in the Keys, oil is something you rub on your skin while basking in the sun.
Auto and home maintenance. In the midwest and northeast, the weather takes a huge toll on your car and home. But that's not the case in the tropics.
Fewer health care related costs. When you can exercise and take advantage of the outdoors throughout the year, you lead a healthier life and that saves you money. The fact is, colder climates are more expensive and cold climates are less healthy. In places like the Florida Keys, there's the opportunity to enjoy the outdoors year-round.
That means access to swimming, hiking, walking, bike riding, sports and leisure month after month. The more active you are, the better it is for your health, the less Doctor bills!
Kim Bagnell Thaler