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Real Estate Brokers Salary in Florida: Cost of Living Adjusted (2024)

What does a Real Estate Brokers salary really buy you in Florida?

Florida is 2.1% pricier than the US average

Data: BLS OEWS 2024 + BEA Regional Price Parities 2022 • Updated 2026-03-31

Nominal Salary
$63,440
Median annual (2024)
-2.1%
Real Purchasing Power
$62,135
COL-adjusted (RPP=102.1)

Florida Cost of Living Index

Florida's Regional Price Parity (RPP) is 102.1, meaning prices are 2.1% higher the national average. A Real Estate Brokers earning $63,440 in Florida has the equivalent purchasing power of $62,135 in an average-cost US state.

FL: 102.1
Cheapest (~85) US Avg (100) Priciest (~115)

Salary Breakdown: Nominal vs. COL-Adjusted

Every dollar goes further in low-cost states. Here is how each salary percentile compares after adjusting for Florida's cost of living.

Percentile Nominal Salary COL-Adjusted Difference
10th Percentile (P10) $34,160 $33,457 $-702
25th Percentile (P25) $41,040 $40,195 $-844
Median (P50) $63,440 $62,135 $-1,304
75th Percentile (P75) $99,990 $97,933 $-2,056
90th Percentile (P90) $152,920 $149,774 $-3,145
Key Insight

Florida's cost of living is close to the national average, so $63,440 keeps most of its value at $62,135 in real terms. Location choice here is more about career opportunities than cost arbitrage.

Best States for Real Estate Brokers (After Cost of Living)

Where does Real Estate Brokers salary stretch the furthest? Top 10 states ranked by COL-adjusted median salary.

1. Iowa
$132,262
RPP 88.4
$102,541
RPP 109.4
3. Nevada
$89,968
RPP 96.4
$87,518
RPP 107.6
5. Utah
$85,957
RPP 94.5
$85,648
RPP 91.0
$85,441
RPP 106.4
$85,376
RPP 108.8
9. Indiana
$83,148
RPP 91.8
10. Vermont
$81,374
RPP 101.1

Florida ranks #30 out of 42 states for Real Estate Brokers after cost-of-living adjustment.

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Frequently Asked Questions

What is the real salary for a Real Estate Brokers in Florida after cost of living?

A Real Estate Brokers in Florida earns a median salary of $63,440 per year. After adjusting for Florida's cost of living (RPP=102.1), the real purchasing power is $62,135 — a -2.1% difference.

Is Florida expensive to live in?

Florida's cost of living is 2.1% higher than the national average according to the BEA Regional Price Parities (2022). The RPP index for Florida is 102.1 (US average = 100).

What are Regional Price Parities (RPP)?

Regional Price Parities (RPPs) are price indexes published by the U.S. Bureau of Economic Analysis (BEA) that measure differences in price levels across states. They are expressed as a percentage of the national average (US = 100). Higher RPP means higher cost of living.

How is the cost-of-living adjusted salary calculated?

The adjusted salary is calculated as: Nominal Salary x (100 / RPP). For a Real Estate Brokers in Florida: $63,440 x (100 / 102.1) = $62,135. This represents what the salary would be worth in a state with average living costs.

Does the high cost of living in Florida offset the salary?

Partially — a Real Estate Brokers's nominal salary of $63,440 in Florida has 2.1% less purchasing power due to higher living costs. The real value is $62,135. However, Florida may offer better career opportunities, networking, and industry access.

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