Orlando Salaries Lag Behind Soaring Cost of Living
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To live comfortably in Orlando requires an annual salary of $100,298 according to a recent study. This factors in savings, necessities, and entertainment.
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The median household income in Orlando is only $65,000. Most families do not earn enough to cover basic living expenses.
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Orlando's cost of living has skyrocketed. Housing prices are up 150% over 10 years while incomes rose just 46%.
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Half of jobs in Orlando pay less than $39,020 per year. The low wages do not match increasing costs.
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Orlando should focus on attracting high-wage jobs rather than subsidizing the low-wage hospitality industry in order to allow more people to live comfortably.