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 114, with 100 being the average.
The cost of living index in Minneola is 1.1x higher than the national average.
Minneola ranks as the #317 cheapest in Florida out of 459.
Minneola ranks as the #4,023 cheapest out of 6,489 in the US.
The median home value in Minneola is $448,650.
The median income in Minneola is $102,968.
According to the most recent data on the cost of living, Minneola has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.
Compared to Florida, Minneola has a cost of living index that's 1.2x higher than Florida's index of 97.
The standard of living in Minneola ranks as #317 most affordable out of the 459 places we measured in Florida. By definition, that implies Minneola ranks as the #142 most expensive place in the Sunshine State.
For more reading on life in Minneola, check out:
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 102.
The Groceries index in Minneola is 99.
The Health index in Minneola is 91.
The Housing index in Minneola is 146.
The Transportation index in Minneola is 97.
The Utilities index in Minneola is 91.
| Living Expense | Minneola | Florida | National Average | |
|---|---|---|---|---|
| Overall | 114 | 97 | 100 | |
| Services | 102 | 96 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 91 | 98 | 100 | |
| Housing | 146 | 96 | 100 | |
| Transportation | 97 | 97 | 100 | |
| Utilities | 91 | 95 | 100 | |
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 2019-2023. The key points are:
The Median Home Value in Minneola is $448,650.
The Median Rent in Minneola is $2,064.
The Median Income in Minneola is $102,968.
The Home Value To Income in Minneola is 4.4x.
The Rent To Monthly Income in Minneola is 0.24x.
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 96, 0.8x Minneola.
Horizon West, FL has a cost of living index of 128, 1.1x Minneola.
Apopka, FL has a cost of living index of 111, 1.0x Minneola.
| City | Population | Cost Of Living | Vs. Minneola |
|---|---|---|---|
| Pine Hills, FL | 82,264 | 96 | 0.8x |
| Horizon West, FL | 62,152 | 128 | 1.1x |
| Apopka, FL | 56,202 | 111 | 1.0x |
| Ocoee, FL | 47,885 | 113 | 1.0x |
| Winter Garden, FL | 47,182 | 117 | 1.0x |
| Clermont, FL | 44,984 | 112 | 1.0x |
| Wekiwa Springs, FL | 24,109 | 120 | 1.1x |
| Groveland, FL | 20,621 | 108 | 0.9x |
| Tavares, FL | 19,738 | 94 | 0.8x |
| Lockhart, FL | 14,753 | 101 | 0.9x |