Cost of Living in Orlando, FL

Housing

The housing market plays a significant role in determining the cost of living in Orlando, FL.

• Housing Index: 110.0 / 100
• Median Home Price is: $350000
• Average Rent (2 BR Apartment): $1800 per month
• Average Rent (2 BR House): $1920 per month

In Orlando, FL, the housing index stands at 110.0, reflecting a cost of living higher than the national average. With a median home price of 350000 and average rents of 1800 for a two-bedroom apartment and 1920 for a house, affordability is a crucial factor to consider. Additionally, the local job market and quality of schools might influence your decision. Comparing these costs with your income and lifestyle is essential in assessing whether Orlando is the right place for you.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Orlando, FL.

• Electricity Price: 13.89 USD (median by state)
• Natural Gas Price: $26.13 USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $250 per month

Living in Orlando, FL could entail higher utility costs. Electricity costs sit at 13.89, while natural gas is priced at 26.13 per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 105.0

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $66292

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Orlando, FL, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.