PrintPrint  a a a

South Georgia Versus Florida

Business owner in Tampa, Florida seeks tax relief
 

Georgia

Florida

     
Corporate tax*

6%

5.50%

Sales tax*

4% (non prescription drugs exemption)

6%(applies prescription drugs)

Workers Compensation

$450 weekly maximum

$683 weekly maximum

ElectricalResidential**

8.43 cents

11.17 cents

Electrical Commercial

7.86 cents

9.62 cents

Electrical Industrial

5.26 cents

7.76 cents

Cost of Living***

88.17

104.62

Sources
*Federation of Tax Administrators
** Energy Information Administration, December 2007
***Sperlings Best Places to Live
Indices are based on US average of 100. Below 100 means an area is cheaper to live than U.S. average and above 100 means an area is more expensive.

 

 

 


Cost of Living Index, 3rd Quarter 2009

 

 

Composition Index

Grocery

Housing

Utilities

Transportation

Health Care

Albany 90.7 109.3 73.4 81.0 94.7 90.5
Tampa 92.1 99.4 84.2 93.2 97.7 95.5
Orlando 98.8 98.4 88.3 105.2 106.9 95.0

National average index = 100
Source: Dr. Clifford A. Lipscomb, Center for Business and Economic Research, Valdosta State University

nimblecmsan NTS product