The Cost of Living in Orlando, Florida in 2022 

Florida is hot right now, and not just because of its balmy temperatures. It’s the preferred destination for many people who want to live in subtropical conditions year-round, and it’s not limited to retirees who flock to the beaches to escape winter weather. Nearly 330,000 people moved to Florida between April 2020 and April 2021. reports that Florida is the number one state people are moving to in the US.

While Florida is known for its long stretches of beaches, Orlando is still a popular place to move. You may know Orlando primarily because of Disneyworld, Universal Studios Florida, and the Epcot Center, but it has a lot more to offer. However, when weighing your decision to move, you need to factor in more than just tourist attractions. You need to know what other factors make Orlando such a great destination.


Why Live in Orlando, Florida?

Orlando, Florida boasts a consistent temperature of 65 degrees year-round, and because it’s situated inland, it’s less vulnerable to the effects of tropical storms and hurricanes. A city that is filled with tourist attractions, there is never any shortage of things to do in Orlando. Not only that but Orlando boasts a strong job market—including STEM jobs.

With this in mind, you need to consider the anticipated cost of living in Orlando, Florida, in 2022 if you are considering moving there. Let’s take a look.


Cost of Living in Orlando, Florida in 2022

The cost of living in Orlando or any city has to take into account a wide range of expenses, such as housing, food, and utilities. In general, Orlando tends to have a cost of living that is roughly 5% higher than the national average. What follows is a breakdown of the cost of by category.


Housing Costs

Orlando, Florida, is a renters and sellers market, which means housing costs are high. When it comes to renting, it is projected that renters will spend an average of 36.5% of their monthly income on rent, meaning rentals in Orlando will cost more than those in New York and Los Angeles in 2022 in terms of percent of income.

When it comes to real estate, whether you are buying a new construction home in Orlando or a resale home, inventory has been low, and sellers have been reaping the benefits. Housing prices have increased steadily, with a 19% increase year-over-year in September of 2021 and a metro median home price of $318,000.

Depending on who you talk to, the increase in real estate will go up by varying degrees. CoreLogic projects a 1.9% increase from September 2021 to September 2022. Fannie Mae, a mortgage firm backed by the government, projects a 7.9% increase. And PNC Bank predicts an increase of 15% in 2022. So, no matter which way you look at it, you will be paying more in 2022. That said, because rent in Orlando can be quite high, you may find it is still better to buy vs. rent in the city[SL1].


Food Costs

In general, the cost of food has gone up nationwide since the start of the COVID-19 pandemic, particularly the cost of meat and poultry, fish and seafood, and fruit. This inflation is expected to continue into 2022. Having said that, in 2021, the cost of food in Orlando, Florida, has been about 5% above the national average.


Utilities Costs

Fortunately, living in Orlando, Florida, means you will get a break on your utilities compared to the rest of the nation, with utility costs that are 5.4% below the national average. The average energy bill is a little over $152 a month, which is good news, since air conditioning is a must when living in this hot, humid climate. Unfortunately, you can expect these prices to increase, with rates and surcharges rising across the state in 2022.


Transportation Costs

If you are living in Orlando, chances are you’ll need a vehicle, since the city has a low Walk Score of 35 and a low Transit Score at 28. Biking is an option, but it is wise to anticipate the cost of having a car. When it comes to connecting with other cities, there is Orlando International Airport. In addition, there will be a new high-speed train service introduced between Orlando and Miami in 2022.


Healthcare Costs

Healthcare costs in Orlando, Florida are 1.6% lower than the national average. However, it is expected that cost for coverage will increase in 2022, as health plan costs are expected to go back to pre-pandemic levels across the nation. In Florida, there is a state-approved increase of 6.6% on premiums for 2022.


Goods and Services Costs

The cost of goods and services is just 1.7% above the national average, meaning any extras you buy, such as clothing and shoes, will not cost you much more than living anywhere else in the country.



This is one of the benefits of living in Orlando or anywhere else in Florida—the state has no income tax. There is a state sales tax of 6%, but if you live in Orlando, you’ll be paying an extra 0.5% on top of that, making the sales tax in Orlando 6.5%.


The Bottom Line about the Cost of Living in Orlando, Florida in 2022

As you can see, Orlando, Florida, can be a costly place to live, particularly when it comes to housing. However, if you plan ahead, ensuring you have savings set aside to get started on or have a good job ready when you arrive, Orlando may be just the right place for you. Your best bet is to visit the city and see what it has to offer, so you can decide if a new home in Orlando is right for you.


Ready to buy a new home in Orlando, Florida? Contact us to learn more about what new homes in Orlando have to offer.


Looking for more Foundation tips and learning? Return Home here.

Published 01.20.22

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