Cost of Living in Midway CDP (Seminole County), FL

With a cost of living index of 91, Midway CDP (Seminole County), FL is slightly more affordable than average. Living here is 9% cheaper than the national average and 19% below the Florida state average of 110. Midway CDP (Seminole County) is a small community of 1,558 residents.

Housing costs are the biggest factor in Midway CDP (Seminole County)'s cost of living. The median monthly rent is $1,146 (13% below the US median of $1,319), and the median home value sits at $257,300 (16% below the national median of $304,900). At current prices, the median home costs roughly 4.4x the median household income — a moderately affordable ratio by today's standards.

The median household income in Midway CDP (Seminole County) is $58,821, which is 22% lower than the national median of $75,149. Residents spend roughly 23% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Midway CDP (Seminole County). The area sees an average annual temperature of 73.2°F, with summers averaging 83°F and winters around 62°F. Annual rainfall totals 49.6 inches spread over roughly 133 days.

Everyday prices in the Orlando-Kissimmee-Sanford, FL (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.