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: $350,000
- 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 Orlando is a financially viable option for your relocation.