Cost of Living in Orlando, Florida – How to Reduce Your Monthly Expenses?

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Cost of Living in Orlando, Florida – How to Reduce Your Monthly Expenses?

Are you contemplating relocating to Orlando, Florida? More than just the warm weather and proximity to Cinderella’s Castle, this sunny city has a lot to offer. In addition, compared to many other major metropolitan areas in the United States, Orlando is a reasonably priced place to live. Orlando, Florida’s largest city, has a population of over 250,000 people and is still growing. According to USA Today, the metro area experienced one of the largest net population increases in the country between 2010 and 2017, ranking seventh out of 50 U.S. cities in terms of population increase due to migration. Of course, it’s no surprise that Orlando attracts thousands of newcomers each year with its affordable amenities.

Orlando, FL’s Overall Cost of Living

First and foremost, let us discuss numbers. The cost of living in each city in the United States can be calculated using a score out of 100. While 100 represents the average cost of living in the United States as a whole, some cities may rank higher or lower based on their individual prices.

Orlando, Florida, has a cost of living index score of 104.1. While this may appear to be a high score, it is actually a fairly reasonable one for a major metropolitan area. Remember that the average cost of living in Florida is only slightly lower, at 102.8. It’s also important to note that many other cities in the United States receive much higher ratings than Orlando, such as:

U.S. CityCost of Living Index Score
San Francisco269.3
New York City187.2
Los Angeles173.3

Furthermore, several major cities in Florida have a lower cost of living index than Orlando. Notable examples include:

FL CityCost of Living Index Score
Key West154.8
Fort Lauderdale117.9
West Palm Beach108.1

It’s also worth noting that Orlando ranks slightly higher than several other nearby Florida cities, including

FL CityCost of Living Index Score
Panama City92.3

While these scores in other cities can help you get a sense of which areas of Florida are more affordable and which are more expensive, they don’t tell you much about the specific costs that contribute to each score. Fortunately, this guide contains all of the information required to calculate the cost of living in Orlando, FL.

Who’s up first? The price of housing.

Orlando Housing Costs

Before relocating to a new city, it is critical to consider housing options. After all, whether you buy or rent your home, you’ll need a place to live before you can start calculating smaller expenses.

Fortunately, Orlando has a reasonably priced housing market. This area’s median home price is $294,400, which is only slightly higher than the national average of $291,700. It’s important to remember that the national average includes the country’s rural areas, where housing is significantly less expensive. So, in essence, you’re getting a home in a major city for the price of a home in a small town. The median statewide home value in Florida is roughly the same, at $294,900.

Now that we’ve covered housing costs, let’s move on to the other side of the housing spectrum: renters. In 2019, roughly two-thirds of Orlando residents rented rather than owned their homes.

Fortunately, rents in Orlando are not excessively high in comparison to national averages. Here’s what you can expect to pay to rent various apartment sizes in this neighborhood:

Apartment Size
Monthly Rent in Orlando
National Average Rent

This cost can also vary depending on which Orlando neighborhood you want to move to, so do some research ahead of time to get an accurate idea of what’s reasonable in your area.

Utilities in Orlando Are Expensive

Next, we’ll look at the expenses that keep your home livable—utilities. Your monthly utility costs as an Orlando resident will include the following bills:

  • Heating and cooling
  • Electricity
  • Wi-Fi
  • Garbage
  • Water

According to Numbeo, the average monthly utility bill in Orlando, FL is around $179.92. This is slightly higher than the national average of $171.66, which may be due in part to Florida’s need for year-round air conditioning.


Internet access is also slightly more expensive in Orlando, with an average monthly cost of $71.79 versus the national average of $64 per month. These expenses result in a utility score of 102.3 on the cost of living index, which is slightly higher than the statewide average of 101.3.

Transportation Costs in Orlando

Orlando receives a higher-than-average transportation score of 110.1. This is primarily due to the fact that the vast majority of residents rely on automobiles as their primary mode of transportation—and owning a car in Florida can be costly. Furthermore, due to the large number of tourists who visit the area, traffic in Orlando can become congested.

Here’s what you should know:

  • Registration: Registering your vehicle each year will cost you a pretty penny, but Orlando registration costs aren’t too bad when compared to other parts of the country. Locals can register a car worth up to £2,499 for just $28 per year. The cost of a two-year registration will rise to $56.
  • Insurance: Auto insurance will be expensive in a city with so many highways. While the cheapest plans cost around $825 per year, standard coverage in Orlando costs an average of $1,862 per year. This is significantly more than the national average of $1,674 per year.
  • Gasoline: When compared to other states in the United States, gas in Florida is relatively inexpensive. The state of Florida currently has the cheapest gallon of gas available for $2.79. This is much less than the national average of $3.24.6.

Having said that, Orlando is ranked as the second-best city in Florida for public transportation. Locals can save money by taking the Lynx public bus system or the commuter SunRail, which are both less expensive options.

Food Prices in Orlando

Food and groceries are also important considerations when creating your monthly budget. Prices at restaurants and grocery stores can vary depending on where you live.

The average low-cost meal for one person costs about $15, according to Numbeo. In comparison, a three-course meal for two at a mid-range restaurant will cost you around $50.

Having said that, the majority of residents cook their own meals on a daily basis. Single people spend about $3,177 on food per year, or $264.75 per month. This is significantly less than the national average of $387 per month.

Cost of Entertainment in Orlando

If there’s one thing Orlando is known for, it’s theme parks such as Disney World, Universal Studios, the Wizarding World of Harry Potter, and SeaWorld. Not only that, but residents can enjoy everything Orlando has to offer at a fraction of the cost that tourists do. As an example:

  • Walt Disney World: Residents of Florida can save 30% on three-day Disney passes and 40% on four-day Disney passes at this theme park.
  • Universal Studios: Residents of Florida can save up to $65 on multi-day Universal Studios tickets when they purchase them online.
  • SeaWorld: SeaWorld frequently offers special discounts for residents of Florida, but it’s important to check the website frequently for these theme park deals.

In addition to these hotspot attractions, here are some other facts and figures about the Orlando entertainment scene that residents should be aware of:

  • Movies: A movie ticket costs $12, which does not include snacks or drinks.
  • Drinks: A single cocktail in a downtown Orlando club will set you back $14, but more laid-back bars may have cheaper options.
  • Gym: A gym membership will set you back an average of $32 per month.

Another thing to consider is that Florida residents do not have to pay a state income tax, which means that you have a little more money in your pocket at the end of the day. That lower tax bill can be applied to your monthly rent (or an extra trip to Disney!).

Taxes in Orlando

Residents of Orlando will not have to pay state income taxes this tax season. This lack of income tax, as with any full-time Florida resident, allows residents to save more of their hard-earned money for vacations, education, retirement, and fun activities. For comparison, most other states in the United States have income tax rates ranging from 1% to 13%. It should be noted, however, that Florida residents are required to pay sales taxes as well as property taxes, among other things.


According to WalletHub, the City of Orlando is the third best place in the United States to find work. This is due in large part to the abundance of job opportunities and employers in and around the Orlando metropolitan area. According to WFTV9, Walt Disney World is the city’s leading employer, employing over 53,000 people. Many Orlando residents are employed by the company in industries such as hospitality, tourism, construction, and manufacturing. Orange County Public Schools, the State of Florida Government, Adventist Health System, Florida Hospital, Publix Supermarkets, and Universal Studios are also major employers in Orlando. According to the Orlando Economic Partnership, the city is also the “world capital of Modeling, Simulation, and Training (MS&T), as well as the top producing region for engineers in the Aviation, Aerospace, and Defense industry.”


According to U.S. Census data, the median household income in the city is $45,436, with the average Orlando resident earning $28,117. While this is lower than the national average, many would argue that due to Florida’s low cost of living and lack of a state income tax, residents do not need to earn a higher paycheck to live comfortably in Orlando.


Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child   –    $ 888.75

International Primary School, Yeraly for 1 Child                                        –    $ 7,180.00

Sports And Leisure

Fitness Club, Monthly Fee for 1 Adult           –    $ 33.96

Tennis Court Rent (1 Hour on Weekend)     –    $ 16.62

Cinema, International Release, 1 Seat         –    $ 12.00

Is the Cost of Living in Orlando Exorbitant?

Orlando has an overall cost of living index score of 98, which is 2% lower than the national average and 1% lower than the Florida average, according to AreaVibes. This cost of living index provides a general sense of a city’s affordability.

Is It Expensive to Live in Orlando, Florida?

The cost of living in Orlando, Florida is 5% lower than the national average. The cost of living in any area can vary depending on factors such as your occupation, the average salary in that area, and the real estate market in that area.

 Are Apartments in Orlando Expensive?

According to statistics, apartment prices last increased in 2017 and remained relatively flat until the start of the pandemic. Nonetheless, when income devoted to paying rent is considered, Orlando is one of the most expensive cities to live in. According to analysts, renters in the area send 36 cents of every dollar to their landlord.

How Bad Is the Crime in Orlando, Florida?

The 2018 crime rate in Orlando, FL was 796.01 per 100,000 people, a 6.98 percent increase over 2017. In 2017, the crime rate in Orlando, Florida was 744.06 per 100,000 people, an 11.24 percent decrease from 2016. The 2016 crime rate in Orlando, FL was 838.26 per 100,000 people, a 10.88 percent decrease from 2015.


Ready to move to Orlando? We hope that you have found this article helpful and it also cleared your mind about how much it costs to live in Orlando. We have mentioned the average costs of living, this may change depending on where you live and your living pattern. Moving to Orlando can be exciting, inexpensive, and the start of a new adventure. This great city will give you an amazing experience, in all aspects, so start planning according and get your bags packed. Best wishes and happy relocation!

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