Minneola, FL

Very High · 133

Florida · Population 15,371 · Updated March 2026

$2,064
Median Rent / Month
$102,968
Median Income
$386,700
Median Home Value
$1,822
Owner Costs / Month

Affordability

How far your income goes in Minneola

24.1%
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

$24,768
Annual Rent
$0
State Income Tax
$3,326
Property Tax (est.)

Cost of Living Overview

Minneola has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 133 (where 100 equals the national median), Minneola residents can expect to pay median rent of $2,064/month while earning a median household income of $102,968/year.

The median home value in Minneola, FL is $386,700, with typical monthly owner costs around $1,822 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.1% 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 Minneola.

Frequently Asked Questions

Common questions about living costs in Minneola

What is the cost of living in Minneola, FL?
The cost of living index in Minneola, FL is 133 (US average = 100). Median monthly rent is $2,064, median household income is $102,968/year, and the median home value is $386,700.
Is Minneola, FL affordable?
No, Minneola is more expensive than the national average with a cost index of 133. The rent-to-income ratio is 24.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Minneola, FL?
The median gross rent in Minneola, FL is $2,064 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $24,768.
What is the median household income in Minneola?
The median household income in Minneola, FL is $102,968 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.