They say time is money. Currently, Californians are wasting no time to relocate to Florida to help them saving money. 

With many citing high living costs, an impossible housing market, and a difficult work environment, its no mystery was many are choosing to flee to Florida, second in Californian migration only to Texas. In fact, 43% of voters aged 18 to 34 say that the state is too expensive for their lifestyle. And they’re not wrong. according to the George Mason University’s Mercatus Center, California ranks the highest out of any state for having the most regulations. Additionally, the Tax Foundation’s State Business Climax Index ranks California as the second highest state in the nation for state and local taxes, while the index places Florida at the fourth lowest in the country. 

In fact, even Disney is taking part in the action. Walt Disney Co. recently announced that 2,000 workers in California are being relocated to Florida. Josh D’Amaro cited Florida’s “business-friendly climate and its lower cost of living with no income tax” as reasons for the move. 

But California’s always been expensive, so why now? Many blame the pandemic for acting as a catalyst for this exodus. Reportedly, currently more than a third of Bay Area tech workers said they would seriously consider leaving California if it meant that they could work remotely full time. As we progress further and further to a more virtual world, its making less and less sense to have talent be concentrated in one area. 

Regardless of the true reason, there is certainly a shift going on. Ten years ago, Californias population was increasing by nearly 350,000 a year. Now, the population growth rate has recently just entered the negatives, while Florida is still growing.