Moving to Orlando? Here’s a Quick Guide to Everything You Should Know

If you’re looking for a new place to call home, Orlando may be the perfect fit for you. With its warm weather, world-renowned theme parks, and thriving economy, Orlando has something to offer everyone. 

Orlando is a great place to live if you’re looking for sunshine, entertainment, and a thriving economy. With a median age of 34 years and a strong job market, Orlando is a bustling hub for students, families, and professionals alike.

Here are some of the reasons why people are moving to Orlando:

  • Lower cost of living: Orlando’s cost of living is 1% cheaper than the national average. Housing is 4%, utilities 5%, and healthcare 4% lower than the rest of the country.
  • Strong job market: Orlando’s unemployment rate is 3.2%, which is lower than the national average of 3.6%. The city is home to a variety of industries, including tourism, hospitality, healthcare, and technology.
  • Diverse culture: Orlando is a diverse city with a population of over 300,000 people. The city is home to people from all over the world, which contributes to its vibrant culture.
  • Popular theme parks: Orlando is home to some of the most popular theme parks in the world, including Walt Disney World, Universal Studios, and SeaWorld. These parks attract millions of visitors each year from all over the world.
  • Great weather: Orlando has warm weather year-round. The average temperature ranges from 52°F to 91°F.
  • No state income tax: Florida has no state income tax. This can save you a significant amount of money on your taxes.

If you’re looking for a great place to live with a lot to offer, Orlando is a great option. The city has something for everyone, from families to young professionals.

Here are some additional details about the cost of living in Orlando:

  • Housing: The average rent for a one-bedroom apartment in Orlando is $1,500. The average rent for a three-bedroom apartment is $3,100.
  • Utilities: The average utility bill for a one-bedroom apartment is $150. The average utility bill for a three-bedroom apartment is $250.
  • Groceries: The average grocery bill for a single person is $300 per month. The average grocery bill for a family of four is $600 per month.
  • Transportation: The average cost of a monthly bus pass is $50. The average cost of a gallon of gas is $3.00.
  • Entertainment: The average cost of a movie ticket is $10. The average cost of a dinner for two at a mid-range restaurant is $50.

The cost of living in Orlando can vary depending on your lifestyle and location. If you live in the city center, you’ll likely pay more for housing, transportation, and entertainment. If you live in a suburb or rural area, you’ll likely pay less.

Overall, the cost of living in Orlando is relatively affordable. However, it’s important to factor in the cost of housing, transportation, and entertainment when making your decision about whether or not to move to the city.

Orlando is a great place to live, and there are many great neighborhoods to choose from. Here are a few of our favorites:

College Park

College Park is a vibrant and exciting neighborhood with a lot to offer residents. There are plenty of restaurants, shops, and bars, and the area is also home to several parks and green spaces.

Mills 50

Mills 50 is a up-and-coming neighborhood with a hip and artsy vibe. There are a number of new businesses and restaurants opening up in the area, and it’s a great place to find unique and independent shops.

SoDo

SoDo (short for South of Downtown) is a diverse and eclectic neighborhood with a strong sense of community. There are a variety of art galleries, performance spaces, and restaurants in the area, and it’s a great place to experience the local culture.

Sanford

Sanford is a charming suburb located just north of Orlando. The city has a small-town feel with a variety of amenities, including good schools, parks, and shopping.

Horizon West

Horizon West is a master-planned community located west of Orlando. The community has a variety of housing options, as well as a number of shopping, dining, and entertainment options.

Final Thoughts

Ultimately, the best neighborhood for you will depend on your individual needs and preferences. If you’re looking for a vibrant and exciting city life, College Park or SoDo might be a good fit. I you’re looking for a family-friendly suburb with easy access to theme parks, Kissimmee or Horizon West might be the perfect place for you.

No matter what you’re looking for, you’re sure to find a great place to live in Orlando.

Work With Us

The Tate Advisory Group is ready and willing to assist you with all of your real estate needs. Contact us today to get started with your home buying or selling process!

Tate Advisory Group

EMAIL

CHASE.TATE@COMPASS.COM

PHONE NUMBER

(407) 476-8855

ADDRESS

851 W MORSE BOULEVARD WINTER PARK, FL 32789

The Tate Advisory Group is a team of real estate agents affiliated with Compass. Compass Florida, LLC d/b/a Compass is a licensed real estate broker and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit propertyalready listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

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