Egypt Lake-Leto, FL

Average · 97

Florida · Population 35,709 · Updated March 2026

$1,424
Median Rent / Month
$53,599
Median Income
$296,100
Median Home Value
$1,359
Owner Costs / Month

Affordability

How far your income goes in Egypt Lake-Leto

31.9%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

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

$17,088
Annual Rent
$0
State Income Tax
$2,546
Property Tax (est.)

Cost of Living Overview

Egypt Lake-Leto has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 97 (where 100 equals the national median), Egypt Lake-Leto residents can expect to pay median rent of $1,424/month while earning a median household income of $53,599/year.

The median home value in Egypt Lake-Leto, FL is $296,100, with typical monthly owner costs around $1,359 including mortgage, insurance, and taxes. At 31.9% rent-to-income ratio, residents of Egypt Lake-Leto are spending more than the recommended 30% of income on housing, indicating moderate cost burden.

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 Egypt Lake-Leto.

Frequently Asked Questions

Common questions about living costs in Egypt Lake-Leto

What is the cost of living in Egypt Lake-Leto, FL?
The cost of living index in Egypt Lake-Leto, FL is 97 (US average = 100). Median monthly rent is $1,424, median household income is $53,599/year, and the median home value is $296,100.
Is Egypt Lake-Leto, FL affordable?
Yes, Egypt Lake-Leto is more affordable than the national average with a cost index of 97. The rent-to-income ratio is 31.9%—above the 30%% affordability threshold.
What is the average rent in Egypt Lake-Leto, FL?
The median gross rent in Egypt Lake-Leto, FL is $1,424 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,088.
What is the median household income in Egypt Lake-Leto?
The median household income in Egypt Lake-Leto, FL is $53,599 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.