Orlando cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexOrlandoFloridaNational
Cost of living index98100100
IndexOrlandoFloridaNational
Goods & Services index98101100
Groceries index107105100
Health care index9697100
Housing index9695100
Transportation index103105100
Utilities index91102100
An overview of the general cost of living index for Orlando, FL is displayed above for your reference. Residents in Orlando, FL enjoy a cost of living index of 98. This index is 2% lower than the Florida average, and 2% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Orlando, FL, the average cost of goods and services is 3% lower than it is in Florida, and it is 2% lower than the national average.

Did you know?

  • The cost of living in Orlando is 2% lower than the Florida average.
  • The cost of living in Orlando is 2% lower than the national average.
  • The cost of housing in Orlando is 4% lower 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.

Find Real Estate Listings In Orlando

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Orlando

Compare Orlando, FL Cost of living To Other Cities

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
The salary calculator allows you to compare how much your current salary in Orlando, FL would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Orlando, FL, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Orlando, FL salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$62,439$5,203$1,457$1,873
Renters$33,790$2,816$788$1,014
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Orlando, FL as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Orlando, FL homeowners, is $62,439. This would allow for a maximum of $1,457 per month to be spent on housing costs. For renters, the median monthly income is $33,790 which would result in a maximum of $788 to be spent on rental costs.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%
The Florida sales tax and Florida income tax rates should definitely be considered when determining the overall cost of living in Orlando, FL. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Florida sales tax is 6% and the maximum surtax is 7.5%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Florida income tax rates range from 0% to 0%.

Goods & Services

ItemOrlandoNational avg.Difference
Haircut $13.83$14.595.2%
Beauty Salon $41.14$34.6818.6%
Toothpaste $3.11$2.4725.7%
Shampoo $0.94$1.028.0%
Movie $10.40$9.875.4%
Bowling $4.78$4.398.8%

Groceries

ItemOrlandoNational avg.Difference
Ground Beef $4.76$4.486.3%
Fried Chicken $1.49$1.461.8%
Milk $2.76$2.3617.1%
Potatoes $3.61$3.0617.9%
Pizza $10.11$9.249.4%
Beer $8.51$8.631.4%

Health Care

ItemOrlandoNational avg.Difference
Optometrist $65.50$99.7834.4%
Doctor $88.80$105.0315.5%
Dentist $88.80$88.700.1%
Ibuprofen $9.98$9.416.0%
Lipitor $314.74$298.505.4%

Housing

ItemOrlandoNational avg.Difference
Home Price $158,600.00$175,700.009.7%
Avg. Mortgage Payment $1,021.34$1,081.035.5%
Apartment Rent $999.00$920.008.6%

Transportation

ItemOrlandoNational avg.Difference
Gasoline $2.14$2.092.5%
Tire Balancing $47.37$45.294.6%

Utilities

ItemOrlandoNational avg.Difference
All Electricity$178.86$170.804.7%
Phone $20.01$28.2629.2%
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, StatePopulationCost of Living IndexNational Avg.
Lake Buena Vista, FL980-20%
Bay Lake, FL1481-19%
Paradise Heights, FL55085-15%
Clarcona, FL2,92686-14%
Eatonville, FL2,25886-14%
Orlando, FL250,22498-2%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
St. Petersburg, FL248,42994-6%
Chula Vista, CA253,03113434%
Chandler, AZ245,2311033%
Laredo, TX245,04875-25%
Norfolk, VA244,7451022%
Orlando, FL250,22498-2%
Source: The Orlando, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.