Florida is the third most expensive state in the country, according to a new study from CNBC.

Multiple sources, including direct references to CNBC studies and news reports, confirm that Florida ranks as the third most expensive state to live in the United States as of 2025. This ranking is attributed primarily to high homeowners insurance premiums and an unaffordable real estate market, exacerbated by frequent storms and legal challenges affecting insurance costs. The CNBC report places Florida behind California and Hawaii, which are traditionally known for their high living costs.

While some sources mention Florida being in the top 10 or top 5, the most consistent and recent data from CNBC supports the claim that Florida is third in expense nationally.