Cost of Living in University CDP (Orange County), FL

With a cost of living index of 100, University CDP (Orange County), FL is right around the national average in cost. Living here is 0% more expensive than the national average and 10% below the Florida state average of 110. With a population of 42,481, University CDP (Orange County) is a mid-sized community that balances access to services with a more manageable cost of living compared to larger metros.

Housing costs are the biggest factor in University CDP (Orange County)'s cost of living. The median monthly rent is $1,393 (6% above the US median of $1,319), and the median home value sits at $275,300 (10% below the national median of $304,900). At current prices, the median home costs roughly 4.6x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in University CDP (Orange County) is $59,322, which is 21% lower than the national median of $75,149. Residents spend roughly 28% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

Climate is another factor for anyone considering a move to University CDP (Orange County). The area sees an average annual temperature of 73.8°F, with summers averaging 83°F and winters around 63°F. Annual rainfall totals 51.5 inches spread over roughly 130 days.

Everyday prices in the Orlando-Kissimmee-Sanford, FL (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.