[newred5]

Originally Posted by markjames68

If you have the homestead exemption, tax increases based on the 'save our homes' amendment should be set at the lower of 3% or inflation. 3% of $6200 is $186 so I am not sure where the $400 comes from?

I believe the 3% or inflation increase is on our taxable value of our homes not the actual taxes themselves. So if homesteaded the taxable value of your home can't be raised more than 3% or the inflation rate .

[jetdoc3037]

expat, I've read that on here but when I did a search and compared apples to apples it seems as if that were not true. What other issues does SC have? curious.

[Bittersweetsecrets]

Originally Posted by flyboytampabay

I lived in NC it is no cheaper there than in Central Florida.

I lived in Durham/Chapel Hill area for 15 months and I've been in Orlando for 11 months (native Floridian) and comparing the same job.....

Cost of living is the same in either place really if you are renting an apartment.

Groceries were cheaper at Kroger than they are at Publix, products were comparable. Produce choices and variety were better at Kroger.

Income is about the same for me, but job stress is MUCH higher in Florida than in NC.
Taxes, etc...I keep more of my income, pay less in taxes. I have found that other expenses add up however. Health insurance was cheaper in NC if working for Duke or UNC or the state. No options like that here that I have found so the uptick in cost was felt.
As for car insurance/taxes/etc....I have no advice, I never updated my information and moved back before I needed to renew anything.

Things pretty much come out as a wash between the areas.

[markjames68]

Originally Posted by newred5

I believe the 3% or inflation increase is on our taxable value of our homes not the actual taxes themselves. So if homesteaded the taxable value of your home can't be raised more than 3% or the inflation rate .

Fair point. If the millage rate changes then the actual taxes paid could increase. Assuming it doesn't though a 3% increase in value would probably translate to a 3% increase in taxes payable.