Lockhart, FL vs University CDP (Orange County), FL
Lockhart, FL and University CDP (Orange County), FL have a very similar cost of living, with only a 2.8% difference in their overall index. Lockhart scores 103 while University CDP (Orange County) scores 100 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Lockhart is $1,560/month compared to $1,393/month in University CDP (Orange County) — a 12% difference. Interestingly, home values tell a different story: while University CDP (Orange County) has cheaper rent, Lockhart actually has lower median home values ($247,400 vs $275,300).
Median household income in Lockhart is $70,051 compared to $59,322 in University CDP (Orange County) (+18.1%). While Lockhart is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lockhart spend roughly 26.7% of their income on rent, less than the 28.2% in University CDP (Orange County).
Climate-wise, both cities share similar average temperatures (73.8°F vs 73.8°F). University CDP (Orange County) receives more rainfall at 51.5" per year compared to 51.5" in Lockhart.
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