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Here are a few key takeaways about retiring in Orlando, andwhat it could cost you.
More Affordable Housing Options
One of the biggest expenses in retirement is housing.
Orlando offers a variety of affordable housing options, fromactive adult communitiesto modest single-family homes and condominiums.
Florida is one of the few states that do not levy a state income tax.
The city has numerous healthcare facilities, including top-rated hospitals andspecialized care centers.
Medicare is widely accepted, and there are various supplemental insurance plans available at competitive prices.
Orlando is a hub of entertainment, dining options and recreational activities, many of which are surprisingly affordable.
Retirees can enjoy discounted rates at theme parks, museums and theaters.
Utility Bills That Wont Break Your Budget
The warm climate of Orlando means that heating costs are minimal.
Orlando not only makes financial sense for your fixed income but also promises a fulfilling and enjoyable retirement lifestyle.
First GOBankingRates found the most populated US Cities as sourced from the US Census American Community Survey.
The mortgage and expenditures can be used to find the total cost of living for each city.
The cities with an annual cost of living above $50,000 were removed for this study.
All data was collected on and is up to date as of May 17th, 2024.
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