Danielle AntoszSat, May 31, 2025, 1:35 PM 5 min readA new report from the United Way’s ALICE project reveals a troubling 47% of Florida households don’t earn enough to cover basic living expenses.ALICE stands for “asset-limited, income-constrained and employed” and refers to households that are above the poverty line but earn less than what the organization says is needed to afford the basics depending on household composition and location. This includes housing, child care, food, transportation, health care and technology, plus taxes and a contingency fund that equals 10% of a household’s budget.Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's howI'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast)Nervous about the stock market in 2025? Find out how you can access this $1B private real estate fund (with as little as $10)The report, which focuses on data from 2023, says the average “survival budget” in Florida ranged from $33,804 for a single adult up to $86,688 for a family of four with two adults and two children in child care. Of the state’s nearly 9 million households, 13% lived below the federal poverty line while 34% were considered ALICE. The poverty line in 2023 was $14,580 for individuals and $30,000 for a family of four.In some areas, the “survival budget” was much higher. Monroe County, for example, was among the most expensive places, with necessities costing single adults $45,948 and two adults with two kids in child care $106,608.The ALICE classification shines a spotlight on households who may earn too much to qualify for traditional aid programs but not enough to meet the rising cost of living. This includes Florida’s senior households, which make up the largest portion of this group by age.“More and more households 65 and older are now classified as ALICE,” Ernest Hooper, Chief Communications Officer at United Way Suncoast, told ABC Action News in a story published May 19. “They're living paycheck to paycheck and not saving money.”That includes people like Leonora Gaspar, who’s disabled and on a fixed income. She relies on organizations like Feeding Tampa Bay for some free meals.“It helps a lot,” she told ABC Action News. “The rent, it’s more expensive.”Other residents in need pointed to skyrocketing food costs.“I’m spending at least $300 to $400 just on food,” Felicia Acosta told ABC Action News. She says her husband died last year and she provides for her three grandchildren.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5005,911.69 -0.48 (-0.01%)Dow 3042,270.07 +54.37 (+0.13%)Nasdaq19,113.77 -62.13 (-0.32%)Russell 20002,066.29 -8.49 (-0.41%)VIX18.57 -0.61 (-3.18%)Gold3,313.10 -30.80 (-0.92%)PortfolioSign in to access your portfolioSign inTop gainersRGC Regencell Bioscience Holdings Limited 877.00 +136.02 (+18.36%)PONY Pony AI Inc. 19.26 +2.11 (+12.30%)ULTA Ulta Beauty, Inc. 471.46 +49.67 (+11.78%)MP MP Materials Corp. 21.79 +2.02 (+10.22%)ZS Zscaler, Inc. 275.70 +24.59 (+9.79%)Top losersSMMT Summit Therapeutics Inc. 18.22 -7.99 (-30.50%)GAP The Gap, Inc. 22.31 -5.64 (-20.18%)REGN Regeneron Pharmaceuticals, Inc. 490.28 -115.11 (-19.01%)AMBA Ambarella, Inc. 52.64 -9.36 (-15.10%)COO The Cooper Companies, Inc. 68.28 -11.68 (-14.61%)Most activeNVDA NVIDIA Corporation 135.13 -4.06 (-2.92%)LCID Lucid Group, Inc. 2.2300 -0.1800 (-7.47%)PLTR Palantir Technologies Inc. 131.78 +9.46 (+7.73%)F Ford Motor Company 10.38 +0.16 (+1.57%)TSLA Tesla, Inc. 346.46 -11.97 (-3.34%)Earnings eventsTrending tickers^GSPC S&P 500 5,911.69 -0.48 (-0.01%)BTC-USD Bitcoin USD 103,521.22 -2,370.51 (-2.24%)PLTR Palantir Technologies Inc. 131.78 +9.46 (+7.73%)^DJI Dow Jones Industrial Average 42,270.07 +54.37 (+0.13%)CLF Cleveland-Cliffs Inc. 5.83 -0.07 (-1.19%)Top economic eventsPowered by Money.com - Yahoo may earn commission from the links above.