Minneola, FL Cost Of Living
Cost Of Living In Minneola, FL Summary
Cost of living in Minneola research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Minneola is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Minneola is 97, with 100 being the average.
The cost of living index in Minneola is 1.0x lower than the national average.
Minneola ranks as the #203 cheapest in Florida out of 459.
Minneola ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Minneola is $288,900.
The median income in Minneola is $85,536.
Table Of Contents
Minneola's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Minneola, FL?
According to the most recent data on the cost of living, Minneola has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Florida, Minneola has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Minneola ranks as #203 most affordable out of the 459 places we measured in Florida. By definition, that implies Minneola ranks as the #256 most expensive place in the Sunshine State.
For more reading on life in Minneola, check out:
- Living In Minneola
- Minneola Crime Report
- Search Homes For Sale In Minneola, FL
In Florida
In America
Minneola Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Minneola. Here is how it fairs on each of the criteria:
The Services index in Minneola is 93.
The Groceries index in Minneola is 101.
The Health index in Minneola is 90.
The Housing index in Minneola is 96.
The Transportation index in Minneola is 98.
The Utilities index in Minneola is 101.
| Living Expense | Minneola | Florida | National Average | |
|---|---|---|---|---|
| Overall | 97 | 101 | 100 | |
| Services | 93 | 98 | 100 | |
| Groceries | 101 | 101 | 100 | |
| Health | 90 | 96 | 100 | |
| Housing | 96 | 108 | 100 | |
| Transportation | 98 | 98 | 100 | |
| Utilities | 101 | 100 | 100 | |
Minneola, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Minneola is $288,900.
The Median Rent in Minneola is $1,558.
The Median Income in Minneola is $85,536.
The Home Value To Income in Minneola is 3.4x.
The Rent To Monthly Income in Minneola is 0.22x.
| Statistic | Minneola | Florida | United States |
|---|---|---|---|
| Median Home Value | $288,900 | $248,700 | $244,900 |
| Median Rent | $1,558 | $1,301 | $1,163 |
| Median Income | $85,536 | $61,777 | $69,021 |
| Home Value To Income | 3.4x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Minneola, FL Costs By Category
Detailed Minneola Services Costs Vs. Florida
Detailed Minneola Groceries Costs Vs. Florida
Detailed Minneola Health Costs Vs. Florida
Detailed Minneola Transportation Costs Vs. Florida
Detailed Minneola Utilities Costs Vs. Florida
Minneola SnackAbility
/10
Cost Of Living In Cities Around Minneola
The cost of living varies in the cities and towns around Minneola. Here's a quick look at the cost of living in the most populous nearby places:
Pine Hills, FL has a cost of living index of 86, 0.9x Minneola.
Apopka, FL has a cost of living index of 95, 1.0x Minneola.
Horizon West, FL has a cost of living index of 116, 1.2x Minneola.
| City | Population | Cost Of Living | Vs. Minneola |
|---|---|---|---|
| Pine Hills, FL | 84,289 | 86 | 0.9x |
| Apopka, FL | 54,110 | 95 | 1.0x |
| Horizon West, FL | 54,038 | 116 | 1.2x |
| Ocoee, FL | 46,562 | 101 | 1.0x |
| Winter Garden, FL | 45,978 | 103 | 1.1x |
| Clermont, FL | 41,562 | 102 | 1.1x |
| Wekiwa Springs, FL | 24,049 | 108 | 1.1x |
| Tavares, FL | 18,290 | 88 | 0.9x |
| Groveland, FL | 17,896 | 96 | 1.0x |
| Lockhart, FL | 14,390 | 90 | 0.9x |
