Cost of Living in Altamonte Springs, FL

Population 45,657 · Florida · Data vintage 2023

101
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Most of Altamonte Springs's cost indicators track within a reasonable band of national figures, with median household incomes near $64,106 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.

Geographically, Altamonte Springs sits roughly 20 miles northwest of Orlando. Median home values run roughly 27% lower than Orlando's $359,000.

Cost Overview

Housing 86
Rent 124

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Altamonte Springs

The median home value in Altamonte Springs is $263,600 — 14% below the national median of $305,000. Median rent runs $1,624/month, 24% higher than the national median of $1,314/month. The median household income of $64,106/year is 14% lower than the US median of $74,580. The local unemployment rate is 5.0%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Altamonte Springs has a cost of living index of 101 versus the US average of 100, meaning it is 1% more expensive.

🏠 Housing

Median Home Value
$263,600
14% below avg
Zillow Home Value
$291,753
Zillow ZHVI
Median Rent
$1,624/mo
24% above avg
Zillow Rent
$1,559/mo
Zillow ZORI
Price-to-Rent Ratio
13.5x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 41.8%
Renter-occupied 58.2%

💰 Estimated Monthly Budget

Rent median rent
$1,624
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,238/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
28.9 min
7% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.9%

Commute Mode

Drove alone
72.6%
Carpooled
8.2%
Public transit
0.6%
Walked
1.6%
Bicycle
0.2%
Work from home
14.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$64,106
14% below avg
Per Capita Income
$37,437
Unemployment Rate
5.0%
4% above avg
Poverty Rate
11.2%
Labor Force Participation
72.3%

🎓 Education

Bachelor's degree+ 28.1%
Graduate degree 10.8%

👥 Demographics

Median Age 36.8
Male median age 35.7
Female median age 38.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 40 — Good
82.1%
Good air days/yr
106
Max AQI recorded
150
PM2.5 days
213
Ozone days

Frequently Asked Questions

What is the cost of living in Altamonte Springs, FL?

Altamonte Springs has a cost index of 101 (100 = national average). It is 1% above the national average.

What is average rent in Altamonte Springs, FL?

The median gross rent in Altamonte Springs is $1,624 per month based on 2023 Census data.

What is the average home price in Altamonte Springs?

The median home value in Altamonte Springs is $263,600 according to Zillow and Census data.

What is the median income in Altamonte Springs?

The median household income in Altamonte Springs is $64,106 per year (2023 ACS 5-year estimates).

What is the sales tax in Altamonte Springs, FL?

The combined state and local sales tax rate in Altamonte Springs is 7.0%. Florida has no state income tax.

Is Altamonte Springs, FL affordable?

Altamonte Springs is near the national average in terms of cost of living, with an index of 101 (100 = US average).

Altamonte Springs at a Glance

Population
45,657
Median Income
$64,106
Home Value
$263,600
Median Rent
$1,624/mo
Unemployment
5.0%
Sales Tax
7.0%
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Explore county-level cost of living data

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