Cost of Living in Orlando, Florida in 2022

Cost of Living in Orlando, Florida in 2022

If you’re thinking of moving to Orlando, Florida, there are a few things to keep in mind. First and foremost, the cost of living in Orlando is very reasonable. In fact, according to Numbeo, Orlando ranks as the 25th most affordable city in the United States. Furthermore, while there may be some seasonal fluctuations (due to increased tourism), the general trend of prices continuing to decline means that Orlando will remain a budget-friendly destination for a long time to come. In this article, I will break down the cost of living in Orlando and why this city is a great place to live in.

Cost of Living in Orlando, Florida

The cost of living in Orlando, Florida can be quite high, depending on what you’re looking for. The average monthly rent for a two-bedroom apartment is around $1,000, while the average cost of groceries is around $50 per month. However, there are a variety of affordable housing options available in the city. And while the cost of transportation might be high, Orlando has several public transportation options that make it easy to get around. Here are the specifics:

Healthcare

A popular healthcare destination, Orlando, Florida is home to a number of healthcare providers. In addition to comprehensive health care options, the area boasts many hospitals and clinics that specialize in specific areas of medicine. Orlando is home to more than 20 hospitals and clinics, including two Level 1 trauma centers and ten other facilities that are designated as Level 2 trauma centers. Additionally, the area has an abundance of primary care and specialty centers, as well as hospices and nursing homes.

When it comes to healthcare costs in Orlando, there are a number of factors to consider. The average cost of a hospital stay in the area is $5,505 per night, while outpatient services range from $129 per month for dental care to $2,995 per month for spinal cord surgery. Out-of-pocket expenses can also add up quickly – with total yearly costs averaging $22,790 for individuals and $49,070 for families.

Despite its high costs, Orlando continues to be one of the most popular health destinations in the country. With its wealth of medical resources and variety of services available, the area will likely continue to be a top choice for both residents and visitors alike.

Jobs

The City of Orlando is the third-best city in the United States, according to WalletHub, to find employment. This is mostly because there are so many firms and employment possibilities in and around the Orlando metro region. Walt Disney World, which employs more than 53,000 people, is the city’s top employer, according to WFTV9.

Many Orlando citizens are employed by the corporation in a variety of fields, including 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 a few other significant employers in Orlando. The city is also the “global center of Modeling, Simulation & Training (MS&T) and the top generating location for engineers in the Aviation, Aerospace & Defense sector,” according to the Orlando Economic Partnership.

Cost of Living in Orlando, Florida in 2022

Housing 

Housing in Orlando, Florida can be expensive. The cost of a one-bedroom apartment can range from $1,000 to $2,000 per month. And, the cost of a two-bedroom apartment can range from $1,500 to $3,000 per month. The most affordable places to live in Orlando are located in the southeast part of the city. These neighborhoods tend to be cheaper than the more affluent areas of Orlando.

Orlando is a great place to live if you want to be close to all the attractions and activities that the city has to offer. The city has numerous parks and golf courses as well as several major shopping malls.

Transportation 

Orlando transportation offers both advantages and disadvantages. Three airports serve the city, making it a fantastic hub for air travel. Orlando International Airport stands out among them because it offers some of the most affordable flights in the nation. Unfortunately, some roads in and around Orlando are often crowded although the city is generally quite well linked. Even though the state’s public transportation system is among the greatest, it still falls short when compared to other major cities.

However, the choices the city provides are more than enough for more sporadic lengthier trips throughout the weekend or to other points of interest. There are lines operated by Amtrak, SunRail, and (soon to be) Virgin Trains. Buses are a terrific alternative if you need to travel for leisure between Orlando and South Florida or inside the city. Some districts within Orlando are even served by free shuttles.

If that’s still not enough, Orlando’s advantageous position allows you to visit ports and cruise lines that are just a little over an hour away by a vehicle. 

Cost of Groceries 

With all the attractions and activities available, it can be hard to know how much you should be spending on groceries each month. To calculate the cost of living index in Orlando, we looked at data from The Daily Review’s 2018 Cost of Living Index. This index includes data from rental prices, utilities, transportation, food, health care, and other expenses. Based on this information, we found that the average person will spend $1,128 per month on groceries in Orlando.

That means that even if you live on a budget, it’s important to keep an eye on your grocery bill in Orlando. If you’re looking for ways to save money on groceries in Orlando, be sure to check out our tips below.

Cost of Entertainment 

If you’re looking for a place to spend your summer vacation, Orlando, Florida would be a great choice. This city has plenty to offer visitors, including historical attractions and entertainment venues.

One of the most popular places to visit in Orlando is Walt Disney World. This theme park is home to attractions like the Magic Kingdom and Epcot. There are also several restaurants and shopping malls located nearby.

If you’re looking for something different to do, there are plenty of other activities available in Orlando. You can enjoy golfing, hiking, biking, and fishing. Plus, there are numerous nightlife options if you’re looking for a good time.

The Orlando Watersports Complex, Andretti Indoor Karting & Games, iFLY Indoor Skydiving, and the Orlando Tree Trek Adventure Park are just a few options if you like extreme or adventurous water sports.

Are you a fan of more conventional, popular sports like basketball? If you aren’t already a fan of the Orlando Magic, you will be in no time. Come support the Orlando Solar Bears if you like ice hockey, and if your family enjoys soccer, come see the Orlando City Soccer Club play. Football and baseball lovers will find themselves close to the Rays and Buccaneers because of the proximity of Orlando to Tampa Bay.

Why Live in Orlando, Florida

There are many reasons to live in Orlando, Florida. The city has a great population of people from all walks of life and offers a wealth of entertainment options. The cost of living is also very affordable, making it an ideal place to raise a family or start a business. Orlando is located in the heart of one of the most active travel and tourism markets in the world. This means that there are always new and exciting attractions available to visitors, both domestic and international. The city also boasts some of the best climates in the country, making it an ideal place to live year-round.

Here are the top seven reasons to relocate to Orlando in case you’re trying to decide where to go and need some guidance:

  • Reasonable Living Costs – One of the key reasons why so many people relocate to Orlando is the low cost of living. Many of your daily costs, including food, utilities, clothes, and entertainment, are less expensive here than in other big cities since there are no state income taxes. As a consequence, you may spend less on housing in Orlando, freeing up cash for other crucial expenses like debt repayment or retirement savings. You could have enough money saved up after a few years to put a down payment on a larger house or a vacation home.
  • Security – Orlando is renowned for its safety due to its low overall crime rate and low level of violent crime. That’s fantastic news for anybody who wants to live in one of Orlando’s wonderful neighborhoods without having to worry about security, particularly families. The majority of localities have good lighting, and police react to pleas for help right away.
  • A Conducive Environment for Business – Florida provides companies with cheap taxes and little government intrusion, which has led to an atmosphere where enterprises can prosper and provide workers affordable housing. On Verizon’s list of the Best States for Small Business, the Sunshine State comes in at number three as a business-friendly area. Entrepreneurs may benefit from fantastic prospects and the convenience of starting a company thanks to reduced tax burdens and good licensing for small firms.
  • Top-Notch Medical Resources – If something goes wrong, you may obtain exceptional treatment practically everywhere in Orlando thanks to the town’s several top-notch hospitals and medical facilities. Orlando features top-notch medical facilities, including large hospitals, dental offices, optical shops, rehabilitation centers, and other services associated with healthcare. One of Florida’s top hospitals may be found here. The hospitals in Orlando provide first-rate treatment for a variety of illnesses whether you want urgent medical attention or outpatient surgery.
  • Beautiful Tempranillo Conditions – The only two seasons in Florida are the comparatively mild winter and the hot or humid summers, which are recognized for their pleasant weather. As a result, you may relocate here at any time of year without having to worry about a snowfall or a thunderstorm. The weather is ideal for a variety of outdoor pursuits, including swimming and diving in lakes as well as golf. In the winter, you may even ice skate on the streets.
  • Good Schools – Orlando is a terrific place to start if you’re seeking a location where your children may succeed academically and mentally. The city has among Florida’s top STEM (science, technology, engineering, and math) educational systems. With a new school opening each year, Orlando is one of Florida’s top school systems and the educational options are growing. Your children may get an excellent education at any of these nearby schools because of their small class numbers, award-winning faculty, and cutting-edge facilities.

Conclusion

Living in Orlando, Florida can be expensive. That being said, there are ways to save money monthly without sacrificing anything important. A few tips include looking for apartments with low rent prices or using public transportation whenever possible. Orlando is a great place to stay in and if you’re thinking of moving to Orlando, this article is the perfect guide for you.

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