Young people are flocking to Florida. It's boosting the state's economy, but living there comes with hidden costs.

Mon, 02/19/2024 - 05:38

A man on a beach holding a selfie stick with a woman sitting on his shoulders. — Florida has become a hot spot for millennials.
Anna Bryukhanova/Getty Images

People are moving to Florida in record numbers, and not just retirees.
Young people are being lured by the weather, a lack of state income tax, and more job opportunities.
But inflation, insurance, and healthcare can make it costly to live in the state.

Since the start of the pandemic, the US has seen a mass migration of people moving to new states, and no state is gaining more newcomers than Florida.