Side-by-side tax comparison between Florida (no income tax) and Minnesota (9.85% top rate).
| Salary | Florida | Minnesota | Difference | Winner |
|---|---|---|---|---|
| $50K | $42,298 | $38,604 | −$3,694 | Florida |
| $75K | $61,303 | $55,762 | −$5,541 | Florida |
| $100K | $78,890 | $71,503 | −$7,388 | Florida |
| $150K | $113,446 | $102,365 | −$11,081 | Florida |
| $200K | $149,103 | $134,328 | −$14,775 | Florida |
Florida offers higher take-home pay at every salary level. With no state income tax, Florida gives you a significant advantage over Minnesota's 9.85% top rate. At $100K, the difference is $7,388/year — that’s $616/month.
However, cost of living matters. Florida has a cost index of 100 while Minnesota is at 99. With similar costs of living, the tax difference is the main factor.