Orlando's housing costs are 11% lower than the national average and utility prices are 11% higher than the national average. Transportation costs, such as bus and gas prices, are 6% lower than the national average Orlando has grocery prices 2% higher than the national average. Orlando is growing, as is its discretionary income. See how Orlando compares in everyday items, such as food and doctor visits, to the city of your choice.
The cost of living calculated as a consumer basket for a moderate lifestyle in developed countries and, therefore, might seem too high for some least developed countries where maintaining that standard of living is expensive. Before you move, you need to look at the pros and cons of living in Orlando, and one way to determine that is how much it would cost to live there. For those who choose to call Orlando home, they enjoy year-round warm weather, affordable living and plenty of entertainment options. Since you're considering a move to Orlando, let's take a closer look at the cost of living in Orlando to better understand how much you'll need to live there comfortably.
In addition to the entertainment options that Orlando has to offer is its colorful and diverse culinary landscape. It ranked 71st (0.8% TOP) on the list of the best places to live in the world and the 15th best city to live in the United States and the first most livable city in Florida. A cost-of-living calculator helps you assess how much you'll need to earn to live comfortably in a specific city. You'll have to look for a higher salary, a cheaper apartment, or both if you anticipate additional living costs, including the occasional trip to Disney World.
Prices for goods and services vary in different cities and, therefore, having a cost-of-living index or a calculator can make the decision to move easier by allowing you to directly compare one city to another. Between the world-famous shopping malls, nightlife, golf courses and theme parks, Orlando receives more than 60 million visitors a year. The minimum wage you need to live in Orlando is the sum of your daily expenses (food, utilities, transportation, entertainment), your monthly housing-related costs (rent, mortgage, insurance, maintenance), any debt expenses (monthly interest payments and principal payments), as well as your savings and investment objectives. So plan to make sure your net income meets your needs and wants, so you can live comfortably in Orlando, FL.
While Florida as a whole tends to offer quite affordable prices, Orlando in particular is a major metropolitan area with a surprisingly low cost of living. Regardless of the reason, if you're interested in moving to Orlando, you'll want to get a better idea of your potential costs. Throughout Orlando, all modes of transportation are open and available, including air travel, rental cars, taxis, ridesharing services and public transportation. While these scores in other cities may help you get an idea of the cheapest and most expensive areas in Florida, they don't tell you much about the specific costs that contribute to each score.