In the popular imagination, Orlando, Florida, is just a city to have your dream family vacation, when in reality it’s much more than that. It is a family city par excellence, with a tropical climate most of the year, it is cheaper than Miami, a significant percentage of Florida’s industry is located there, the medical industry is one of the most advanced in the world, there are so many activities and plans available that it is impossible to get bored. But really, what’s it like to live in Orlando?
As in all places in the world, it depends largely on the place you choose.
Mejores zonas para vivir en Orlando
1. Phillips
It stands out for the variety of restaurants, designer shops, security, and excellent educational system. It is possibly the most expensive part of the city.
2. Metrowest
If you are looking for a culturally diverse place to live, this is the best option. The varied offer between houses and apartments (for all tastes and needs) is another great advantage.
3. East Orlando
It is the area chosen by the students to live. Due to the dynamics that accompany it, the traffic is very heavy.
4. Lake Lona
It could be described as a golfer’s paradise (there are golf courses to suit all tastes and budgets). In addition, several medical complexes and science and technology parks are being built.
5. Reunion Resort:
It offers all kinds of services (themes, spa, water complexes, tennis court, restaurants, cafes, bars, etc.) due to its proximity to all the theme parks. Not recommended for those who do not like to live with tourists.
Costo de vida en Orlando
Another important factor is the cost of living. With the end of the pandemic, not a few plan their holidays to be something unforgettable after almost two years of confinement and restrictions. This is, apparently, the main reason for the record increase in rental prices. According to data from CoStar Group, the average price is $1,509, thirteen percent more expensive than a year ago.
The lawsuit also confirms this. Around 8,000 units have been leased during the first half of 2021, an increase of thirty percent over the previous year. Importantly, Orlando was the city where prices recovered the fastest, trailing only Tampa.
It had already been written about the rebound in sales in the city. At the beginning of 2021 the city reported record figures in the sales of real estate units, it was even thought that the inventory of available properties could be finished. The city is experiencing a real estate boom driven by the rapid recovery after the pandemic and, to a lesser extent, the festivities that Disney has scheduled for its fiftieth anniversary.
There are many projects under construction, so the stabilization of rental prices in the city is expected. On the other hand, if you are looking for a three or four bedroom apartment the rent will not fall below $ 2000 per month, additionally you must show that you have at least the money to cover the next six months of rent.
Being such a tourist city, restaurant prices can be very expensive. According to the portal live in, the price of the main foods is of the following order:
Water (1.5 liters) $1.66
Milk (1 liter) $0.90
1 kilogram cheese $10.11
1 kilogram of beef $12.30
1 kg white rice $4.35
1 kg tomatoes $3.53
1 kg potatoes $2.19
1 kg of apples $3.88
1 kg oranges $3.74
1 kg of bananas $1,40
Dozen eggs $2.63
1 piece lettuce $1.92
Loaf of bread (500 gr.) $2,83
Beer (0.5 liters) $1.94
Bottle of wine $12,00
There are several options for transportation. As in all cities in the USA you can buy subway tickets for a day, a week or a month. For taxis, the minimum price is $2.88 and each additional kilometer $1.67. Internet costs $75 per month, and the rest of the services average $170 per month.
Orlando is much more than a tourist city, it is a jewel to discover.
In PFS Realty Group given our real estate activity we are focused on advising those people and families who are interested in making investments of this type in Miami, Orlando and South Florida, we have been working for more than twenty (20) years and for this, twenty (20) years that give us a specialty in what we do, If you want to explore real estate investment opportunities, we can schedule a meeting, face-to-face or virtual, to expand this information. Write to us at info@pfsrealty.kinsta.cloud and also visit our www.pfsblog.kinsta.cloud website to learn more.