Orlando, FL

Above Avg · 115

Florida · Population 311,732 · Updated March 2026

$1,650
Median Rent / Month
$69,268
Median Income
$359,000
Median Home Value
$1,621
Owner Costs / Month

Affordability

How far your income goes in Orlando

28.6%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in Florida

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.0%
State Sales Tax
0.86%
Property Tax Rate

Estimated Annual Costs

$19,800
Annual Rent
$0
State Income Taxtop marginal rate
$3,087
Property Tax (est.)

Cost of Living Overview

Orlando is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 115 (where 100 equals the national median), Orlando residents can expect to pay median rent of $1,650/month while earning a median household income of $69,268/year.

The median home value in Orlando, FL is $359,000, with typical monthly owner costs around $1,621 including mortgage, insurance, and taxes. With a rent-to-income ratio of 28.6%, Orlando falls within the generally affordable range, though it's approaching the 30% burden threshold.

Florida has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.0% sales tax rate and 0.86% effective property tax rate, the overall tax environment helps keep costs manageable in Orlando.

Frequently Asked Questions

Common questions about living costs in Orlando

What is the cost of living in Orlando, FL?
The cost of living index in Orlando, FL is 115 (US average = 100). Median monthly rent is $1,650, median household income is $69,268/year, and the median home value is $359,000.
Is Orlando, FL affordable?
No, Orlando is more expensive than the national average with a cost index of 115. The rent-to-income ratio is 28.6%—below the 30% threshold considered affordable by HUD.
What is the average rent in Orlando, FL?
The median gross rent in Orlando, FL is $1,650 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,800.
What is the median household income in Orlando?
The median household income in Orlando, FL is $69,268 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Florida?
Florida has a top income tax rate of 0%, a sales tax of 6.0%, and an effective property tax rate of 0.86%. Notably, there is no state income tax.

Compare Orlando With

Similar-sized cities to compare

All Orlando Comparisons

Compare the cost of living in Orlando, FL with 299 other major U.S. cities

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