I have a loop that looks something like this:
for (int i = 0; i < max; i++) {
String myString = ...;
float myNum = Float.parseFloat(myString);
As long as you are aware of what you need to accomplish in the loop you could put the try catch outside the loop. But it is important to understand that the loop will then end as soon as the exception occurs and that may not always be what you want. This is actually a very common error in Java based software. People need to process a number of items, such as emptying a queue, and falsely rely on an outer try/catch statement handling all possible exceptions. They could also be handling only a specific exception inside the loop and not expect any other exception to occur. Then if an exception occurs that is not handled inside the loop then the loop will be "preemted", it ends possibly prematurely and the outer catch statement handles the exception.
If the loop had as its role in life to empty a queue then that loop very likely could end before that queue was really emptied. Very common fault.
My perspective would be try/catch blocks are necessary to insure proper exception handling, but creating such blocks has performance implications. Since, Loops contain intensive repetitive computations, it is not recommended to put try/catch blocks inside loops. Additionally, it seems where this condition occurs, it is often "Exception" or "RuntimeException" which is caught. RuntimeException being caught in code should be avoided. Again, if if you work in a big company it's essential to log that exception properly, or stop runtime exception to happen. Whole point of this description is PLEASE AVOID USING TRY-CATCH BLOCKS IN LOOPS
If it's inside, then you'll gain the overhead of the try/catch structure N times, as opposed to just the once on the outside.
Every time a Try/Catch structure is called it adds overhead to the execution of the method. Just the little bit of memory & processor ticks needed to deal with the structure. If you're running a loop 100 times, and for hypothetical sake, let's say the cost is 1 tick per try/catch call, then having the Try/Catch inside the loop costs you 100 ticks, as opposed to only 1 tick if it's outside of the loop.