Cost of Living in Minneola, FL

Population 15,371 · Florida · Data vintage 2023

139
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Minneola a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $387,000. The labor market has been unusually tight, with unemployment around 2.9% — below most comparable cities in the state.

Geographically, Minneola is about 30 miles west of Orlando, the nearest large metro. Median home values run roughly 8% higher than Orlando's $359,000.

Cost Overview

Housing 127
Rent 157

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

About the Cost of Living in Minneola

The median home value in Minneola is $386,700 — 27% above the national median of $305,000. Median rent runs $2,064/month, 57% higher than the national median of $1,314/month. The median household income of $102,968/year is 38% higher than the US median of $74,580. The local unemployment rate is 2.9%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Minneola has a cost of living index of 139 versus the US average of 100, meaning it is 39% more expensive.

🏠 Housing

Median Home Value
$386,700
27% above avg
Median Rent
$2,064/mo
57% above avg
Zillow Rent
$2,471/mo
Zillow ZORI
Price-to-Rent Ratio
15.6x
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 79.3%
Renter-occupied 20.7%

💰 Estimated Monthly Budget

Rent median rent
$2,064
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,678/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
29.8 min
10% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.9%

Commute Mode

Drove alone
71.8%
Carpooled
11.0%
Walked
0.2%
Work from home
16.9%

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
$102,968
38% above avg
Per Capita Income
$34,144
Unemployment Rate
2.9%
40% below avg
Poverty Rate
5.1%
Labor Force Participation
68.3%

🎓 Education

Bachelor's degree+ 18.8%
Graduate degree 9.9%

👥 Demographics

Median Age 36.5
Male median age 38.8
Female median age 36.1

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 37 — Good
92.6%
Good air days/yr
97
Max AQI recorded
0
PM2.5 days
364
Ozone days

Frequently Asked Questions

What is the cost of living in Minneola, FL?

Minneola has a cost index of 139 (100 = national average). It is 39% above the national average.

What is average rent in Minneola, FL?

The median gross rent in Minneola is $2,064 per month based on 2023 Census data.

What is the average home price in Minneola?

The median home value in Minneola is $386,700 according to 2023 Census ACS data.

What is the median income in Minneola?

The median household income in Minneola is $102,968 per year (2023 ACS 5-year estimates).

What is the sales tax in Minneola, FL?

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

Is Minneola, FL affordable?

Minneola is above average in cost of living, with an index of 139 — about 39% higher than the national average.

Minneola at a Glance

Population
15,371
Median Income
$102,968
Home Value
$386,700
Median Rent
$2,064/mo
Unemployment
2.9%
Sales Tax
7.0%
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Explore county-level cost of living data

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