Cortez, FL vs Minneola, FL

Cortez, FL and Minneola, FL have a very similar cost of living, with only a 2.7% difference in their overall index. Cortez scores 126 while Minneola scores 130 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cortez is $1,912/month compared to $2,064/month in Minneola — a 7% difference. Interestingly, home values tell a different story: while Cortez has cheaper rent, Minneola actually has lower median home values ($386,700 vs $388,500).

Median household income in Cortez is $76,915 compared to $102,968 in Minneola (-25.3%). While Minneola is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cortez spend roughly 29.8% of their income on rent, more than the 24.1% in Minneola.