East Lake, FL

Very High · 131

Florida · Population 33,019 · Updated March 2026

$1,844
Median Rent / Month
$93,862
Median Income
$457,300
Median Home Value
$1,569
Owner Costs / Month

Affordability

How far your income goes in East Lake

23.6%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Florida

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.0%
Sales Tax
0.86%
Property Tax Rate

Estimated Annual Costs

$22,128
Annual Rent
$0
State Income Tax
$3,933
Property Tax (est.)

Cost of Living Overview

East Lake has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 131 (where 100 equals the national median), East Lake residents can expect to pay median rent of $1,844/month while earning a median household income of $93,862/year.

The median home value in East Lake, FL is $457,300, with typical monthly owner costs around $1,569 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.6% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Florida has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.0% sales tax rate and 0.86% effective property tax rate, the overall tax environment helps keep costs manageable in East Lake.

Frequently Asked Questions

Common questions about living costs in East Lake

What is the cost of living in East Lake, FL?
The cost of living index in East Lake, FL is 131 (US average = 100). Median monthly rent is $1,844, median household income is $93,862/year, and the median home value is $457,300.
Is East Lake, FL affordable?
No, East Lake is more expensive than the national average with a cost index of 131. The rent-to-income ratio is 23.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in East Lake, FL?
The median gross rent in East Lake, FL is $1,844 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $22,128.
What is the median household income in East Lake?
The median household income in East Lake, FL is $93,862 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Florida?
Florida has a top income tax rate of 0%, a sales tax of 6.0%, and an effective property tax rate of 0.86%. Notably, there is no state income tax.