The Impact of Cost of Living Differentials on Migration of Elderly People to Florida

David W. Rasmussen, Gary M. Fournier and Douglas A. Charity
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David W. Rasmussen: Florida State University
Gary M. Fournier: Florida State University
Douglas A. Charity: Florida State University

The Review of Regional Studies, 1989, vol. 19, issue 2, 48-55

Abstract: Migration patterns of the growing elderly population can have important effects on the economic vitality of regions. In places that receive a disproportionate share of the elderly, such as areas in Florida, Arizona, and California, migration can have magnified effects on the economic base, housing market, infrastructure needs, and social service delivery systems in the region. Local governments typically face the task of anticipating these effects, but are handicap~ by a lack of understanding of the migration of elderly people. In this paper the determinants of such migration are analyzed with special reference to how cost of living influences the selection of a destination by migrating elderly persons (55 and over) during 1975-1980. The results of the study support the hypothesis that cost of living differentials provide the elderly an incentive to move that is not unlike the incentive wage differentials provide members of the labor force.

Date: 1989
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