A+
2%
Overall NAT. AVG.
1%
Goods & Services NAT. AVG.
13%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index Kissimmee Florida National
Cost of living10298100
Goods & Services10198100
Groceries9899100
Health care9296100
Housing11396100
Transportation9599100
Utilities9097100

An Overview of Cost of Living in Kissimmee, FL

Knowing the cost of living in Kissimmee allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in Kissimmee stands at 102, marking it 2% higher than the national average.

In Kissimmee, daily expenses such as food, housing, goods and services, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Kissimmee will resemble that of an average city, contributing to a manageable cost of living.

What Do Locals Say About the Cost of Living in Kissimmee?

Nobody knows their city better than the people who actually live there. So, we asked 5 local residents how they would rate the cost of living in Kissimmee and this is how they responded. 0% of people said that the cost of living was affordable, with prices decreasing, while 100% of people said that the cost of living was very expensive and prices continue to rise.

Is Kissimmee Affordable?

Wondering if Kissimmee is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Kissimmee, for example, the median home price is 9% higher than what folks pay nationally, and monthly rent is 24% higher than the usual rates. Plus, income levels matter too, with Kissimmee boasting a median household income of $41,399, which is 25.2% lower than the national average.

What Factors can Influence the Cost of Living in Kissimmee?

Transportation: In cities with limited or no public transportation, residents may find it necessary to own and maintain vehicles, thereby elevating the cost of living. Monthly expenditures include fuel, insurance, routine maintenance and potential lease or financing commitments. In Kissimmee, the transportation index stands at 4.8% lower than the national average.

Urbanization: Larger, urban hubs brimming with ample amenities and robust employment opportunities often showcase a heightened cost of living. This surge is primarily attributed to the amplified demand for services and increased residential migration, culminating in elevated home prices and elevated rental rates. Conversely, less densely populated rural locales or regions characterized by reduced demand tend to offer a more limited array of amenities and undergo slower job market growth, ultimately yielding a more affordable cost of living.

Taxes: Locations with elevated tax rates, encompassing both sales and income taxes, can be a factor in driving up the cost of living. When you're paying more in taxes for everyday goods and services, it naturally translates into higher expenses. Similarly, a higher income tax rate can also contribute to an overall higher cost of living. In Kissimmee, the standard sales tax rate starts at 6%, and the income tax rates commence at 0%.

Where is the Data From?

The cost of living in Kissimmee, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Kissimmee is 5% higher than the Florida average
  • The cost of living in Kissimmee is 2% higher than the national average
  • Kissimmee housing is 13% higher than the national average
  • Florida general sales tax is 18% higher than the national average
  • Florida state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Kissimmee

See all the best places to live around Kissimmee

Compare Kissimmee, FL Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$54,319$4,527$1,267$1,630
      Renters$33,005$2,750$770$990
      The affordability of the housing market in Kissimmee, FL as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Kissimmee homeowners, the median income is $54,319. This indicates that a monthly maximum of $1,267 should be spent by homeowners on all housing related costs. Renters have a median income of $33,005. This indicates that renters would have a maximum of $770 for their rent related monthly costs.

      Florida Sales Tax

      State General Sales Tax With Max Surtax
      Florida 6% 7.5%

      Florida Income Tax

      State Income Tax (Low) Income Tax (High)
      Florida 0% 0%

      Goods & Services

      Item Kissimmee National avg. Difference
      Haircut $26.53$24.269.4%
      Beauty Salon $55.13$45.5621.0%
      Toothpaste $3.84$3.703.8%
      Shampoo $1.48$1.2815.8%
      Movie $13.54$12.1311.6%
      Bowling $19.87$18.0010.4%

      Groceries

      Item Kissimmee National avg. Difference
      Ground Beef $6.26$5.847.1%
      Fried Chicken $1.40$1.5711.0%
      Milk $4.58$4.671.9%
      Potatoes $5.23$4.936.0%
      Pizza $13.13$12.098.6%
      Beer $11.07$10.416.3%

      Health Care

      Item Kissimmee National avg. Difference
      Optometrist $118.44$125.685.8%
      Doctor $137.00$135.780.9%
      Dentist $125.36$113.2910.7%
      Ibuprofen $10.89$10.652.2%
      Lipitor $446.86$468.604.6%

      Housing

      Item Kissimmee National avg. Difference
      Home Price $201,300.00$184,700.009.0%
      Avg. Mortgage Payment $2,463.53$2,346.695.0%
      Apartment Rent $1,177.00$949.0024.0%

      Transportation

      Item Kissimmee National avg. Difference
      Gasoline $3.39$3.462.1%
      Tire Balancing $57.07$59.924.8%

      Utilities

      Item Kissimmee National avg. Difference
      All Electricity $190.71$193.991.7%
      Phone $194.67$192.251.3%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Lake Buena Vista, FL4972.6%
      Lake Butler city, FL2,1858118.7%
      Bay Lake, FL438416.3%
      Campbell, FL2,2628515.1%
      Taft, FL1,573945.8%
      Kissimmee, FL72,4101022.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Waukesha, WI72,4191055.2%
      New Britain, CT72,5431033.2%
      Lafayette, IN72,556918.8%
      Albany, GA72,6348514.7%
      Turlock, CA72,71512626.0%
      Kissimmee, FL72,4101022.2%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.