Cost of Living

Woman placing an apple into her shopping basket

The cost of living indices is based on a US average of 100. An amount below 100 means it is less expensive than the US average. An amount above 100 means it is more expensive. Lake County’s cost of living is 100.3.

*Housing is the biggest factor in the cost of living difference, while Grocery, Health and Miscellaneous costs are below or close to the national average. However, the median home price in Lake County is $221,200, which is 9.9% less expensive than Orlando, 6.7% less expensive than the State of Florida and 4.3% less expensive than the national average.

Cost of Living in Lake County, Florida

Cost of Living	Lake	Orlando	Florida	USA
Overall	100.3	104.1	102.8	100
Grocery	100.3	100.7	102.8	100
Health	95.8	97.2	98	100
*Housing	95.7	106.1	102.6	100
Median Home Cost	$221,200	$245,400	$237,100	$231,200
Utilities	104.7	102.3	101.3	100
Transportation	111.5	110.1	112.6	100
Miscellaneous	97	101.4	96.9	100

Source: https://www.bestplaces.net/cost_of_living/county/florida/lake
*Housing numbers include both buying and renting.

Taxes

Income Tax	Percentage
State	0%
Local	0%
Total Income	0%

Sales Tax	State
State	6.0%
Local Discretionary (Lake County)	1.0%
Total Sales Tax	7.0%

Property Tax	Total Millage	City Millage
County*	14.7312	NA
Astatula	21.7355	7.5000
Clermont	17.0762	4.2061
Eustis	21.3461	7.5810
Fruitland Park	17.6785	3.9134
Groveland	18.0701	5.2000
Howey in the Hills	21.7355	7.5000
Lady Lake	17.6317	3.3962
Leesburg	17.8737	4.1086
Mascotte	20.0024	7.1323
Minneola	18.9701	6.1000
Montverde	15.7001	2.8300
Mount Dora	19.7254	5.9603
Tavares	20.9274	6.9000
Tavares Debt Service		0.2623
Umatilla	20.8740	7.1089

Source: Lake County Tax Collector. Final adopted and certified millage rates as of 10-1-20.
*County millage can be as low as 13.8362 depending on real estate location.

Industry