These cities have the lowest cost of living in all of Florida. Listed above are the most affordable places to live in Florida with a population of more than 5,000 people. To calculate the most affordable cities in Florida, the cost of living index for each city was calculated, then compared to the national average of 100. The cost of living in Florida is lower than the national average. State of Florida salaries average $47,035.00, indicating a pay rate that is lower than the U.S. average annual salary by $6,586.00. The consumer price index (CPI) of 240 in Florida is 2.04% lower than the U.S. city average CPI of 245. 2020 Counties with the Lowest Cost of Living in Florida About this List Explore the counties with the lowest cost of living based on the consumer price index and access to affordable housing (housing-to-income rates). On a larger scale, the MIT Living Wage Calculator shows that an adult with no children in Florida will need a living wage of $25,324 before taxes. Of that estimate, just about $3,000 is allocated for the purchase of food. Consumer Expenditures for the Miami Metropolitan Area: 2017–18. Households in the Miami-Fort Lauderdale-West Palm Beach, FL, metropolitan area spent an average of $57,555 per year in 2017–18, the U.S. Bureau of Labor Statistics reported today. A cost of living index allows you to directly compare what it costs to live in one area against another, helping you understand how far your money can go in each place. For example, the cost of
31 Jul 2018 Orlando, FL. Population: 2,509,831. Average Electrician Pay Rate: $18.44. Cost of Living Index: 97.80. Adjusted Average Electrician Pay Rate: 19 Jul 2018 Orlando, FL. Population: 2,509,831. Average Welder Pay Rate: $17.47. Cost of Living Index: 97.80. Adjusted Average Welder Pay Rate: $17.86 26 Dec 2018 How far will your salary go in another city? Compare cost of living for up to 4 U.S. cities and the national average with our comprehensive Our cost of living indices are based on a US average of 100. An amount below 100 means Orlando is cheaper than the US average. A cost of living index above 100 means Orlando, Florida is more expensive. Orlando cost of living is 104.1
Residents in Orlando, FL enjoy a cost of living index of 95. This index is 4% lower than the Florida average, and 5% lower than
Orlando, Florida's cost of living is 5% lower than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area. Residents in Orlando, FL enjoy a cost of living index of 95. This index is 4% lower than the Florida average, and 5% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). As you can see, the overall cost of living in Orlando, Florida is 112 – a bit higher than that of the state and the whole US. However, while housing and transportation expenses in this city are relatively higher, groceries and healthcare cost lower in Orlando.
Summary about cost of living in Orlando: Four-person family monthly costs: 3,084.98$ without rent (using our estimator). A single person monthly costs: 868.61$ without rent. Cost of living index in Orlando is 28.11% lower than in New York. Cost of living rank 88 th out of 376 cities in the world. A cost of living index allows you to compare what it costs to live in one place against another, helping you get a glimpse of how far your money will go before you move. For example the cost of living in New York City is almost twice that of Portland, Oregon.