Living right next to Disney World sounds like the ultimate Disney Adult dream. But one major factor is dashing that dream for many.
Magic Kingdom
Orlando is often called the Theme Park Capital of the World, and for good reason. Home to Universal Orlando, Disney World, SeaWorld, and several other major theme park resorts, you’d be hard-pressed to find a city that draws in theme park tourism quite like Orlando. As such, it makes sense that a lot of people would LOVE to move to this Central Florida area and have daily access to their favorite theme parks. Unfortunately, a new report suggests moving here is not as easy as it sounds.
According to Orlando-based WFTV9 and a WalletHub study, Orlando is one of the WORST cities for rent affordability in the United States.
©City of Orlando
The study indicates that Orlando ranks as the 7th worst state regarding rent affordability, behind Miami, FL (1), Newark, NJ (2), New Haven, CT (3), Detroit, MI (4), Glendale, AZ (5), and Bridgeport, CT (6). The study evaluated over 180 U.S. cities, assessing median annual gross rent versus median household income.
Hilton Orlando Disney Springs ©Disney
WalletHub indicated that the median annual gross rent percentage of the median annual household income was 28.58%. Bismarck, ND had the lowest percentage with 15.34% — quite the stark contrast. As a comparison, Miami, the rest city when it rent affordability, scored a discouraging 33.48%.
Ultimately, if you decide to live in Orlando, get ready to chuck a good chunk of your income into rent costs.
Lake Eola
If you’re thinking, “Hey, Anaheim is cheaper and I can live near Disneyland instead,” don’t get too giddy. California is a notoriously expensive state to live in, and Anaheim is only 10 spots behind Orlando, with 27.58% of the median household income going towards the median annual gross rent.
Alas, it’s expensive to live near the Disney Parks in the United States — no matter which coast you prefer.
Disneyland Railroad Station
Have you ever considered moving to Orlando to be closer to the Disney Parks? Let us know and continue to follow us here at DFB for Disney World tips, fun facts, updates, and more!
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The post Thinking About Moving Near Disney World? Think Again. first appeared on the disney food blog.
