| Index | Minneola | Florida | National |
| Cost of living | 118 | 102 | 100 |
| Groceries | 104 | 102 | 100 |
| Health care | 106 | 104 | 100 |
| Housing | 151 | 97 | 100 |
| Transportation | 100 | 103 | 100 |
| Utilities | 107 | 110 | 100 |
| Lifestyle & Entertainment | 100 | 104 | 100 |
| Household Items | 103 | 102 | 100 |
| Education & Childcare | 107 | 106 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Minneola? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Minneola stands at 118, making it 18% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
Housing costs make up a big chunk of the cost of living in Minneola, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 51.5% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.
Is Minneola affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Minneola, the median home price is 46.1% higher than the national average and monthly rent prices are 64.1% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Minneola boasting a median household income of $108,608, 33.5% higher than the national average.
Groceries: The costs associated with groceries have witnessed substantial increases over the past 2-3 years. In select markets, food prices have escalated by more than 20% during this timeframe, whereas others have seen more restrained upticks. The variances in food expenses can exert a considerable influence on the overall cost of living in a given locale. In Minneola, the groceries index is 3.8% higher than the national average.
Urbanization: Urban areas with a wealth of amenities and employment opportunities tend to come with a higher price tag for living. Why? Well, more people want to be there, which drives up home prices and rents. On the flip side, less densely populated rural areas or places where there's not as much demand usually mean fewer attractions, things to do and slower job growth. That often results in a lower cost of living.
Taxes: Cities that enforce higher taxes, covering both sales taxes and income taxes, can be a factor contributing to a higher cost of living. Paying more in taxes for everyday essentials like clothing and food inevitably leads to higher expenses. A higher income tax rate can further contribute to an overall elevated cost of living. In Minneola, the baseline sales tax rate begins at 6%, and income tax rates start at 0%.
The cost of living data for Minneola shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $126,048 | $10,504 | $2,941 | $3,782 |
| Renters | $75,474 | $6,290 | $1,761 | $2,264 |
| State | General Sales Tax | With Max Surtax |
| Florida | 6% | 7.5% |
| State | Income Tax (Low) | Income Tax (High) |
| Florida | 0% | 0% |
| City | Population | Cost of Living Index | National Avg. |
| Tildenville, FL | 44 | 103 | 2.7% |
| Lake Buena Vista, FL | 4 | 104 | 3.6% |
| Okahumpka, FL | 149 | 85 | 14.8% |
| Lake Butler city, FL | 2,250 | 85 | 14.9% |
| Bay Lake, FL | 45 | 89 | 11.5% |
| Minneola, FL | 12,664 | 118 | 18.0% |
| City | Population | Cost of Living Index | National Avg. |
| Beatrice, NE | 12,664 | 87 | 13.0% |
| St. Marys, PA | 12,663 | 89 | 10.7% |
| Palmer Town, MA | 12,662 | 115 | 15.0% |
| Valencia West, AZ | 12,659 | 105 | 5.0% |
| Lincolnwood, IL | 12,655 | 136 | 35.7% |
| Minneola, FL | 12,664 | 118 | 18.0% |
Here are the best places to live in Florida
Safest Cities In The US
Most Dangerous States In The US
These are the largest cities in Florida