Jacksonville, FL distinguishes itself as an affordable choice in comparison to South Florida, rendering it an enticing choice for individuals relocating to the state. When contrasted with Tampa, FL, Jacksonville presents cost savings across multiple expenditure categories, encompassing groceries (9.9%), utilities (12.8%), transportation (7.8%), and healthcare (3.0%). Furthermore, housing expenses in Jacksonville significantly undercut those in Tampa, with a substantial 27.6% difference. Currently, the median home price in Jacksonville stands at $390,900, showing a modest 1.3% decrease year-over-year. Additionally, the average monthly mortgage payment of $2,996 is twice as high as the average rent of $1,802, rendering Jacksonville an appealing destination for renters as well.