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Cost of Living in Egypt Lake-Leto, FL

Population 35,873 · Census ACS 2020–2024 5-year estimates

Median rent$1,482
Median home value$315,100
Median household income$54,032

The median rent in Egypt Lake-Leto, FL is $1,482/month, 11% lower than the Florida median and 5% higher than the U.S. median. The median home value is $315,100, 5% lower than the national median. Households earn a median of $54,032 a year, 28% lower than the state median.

Affordability

Rent as a share of median income: 32.9%
Income needed for median rent (30% rule): $59,280/yr
Home price-to-income ratio: 5.8×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,593/mo

Run your own numbers: mortgage calculator · hourly to salary

Egypt Lake-Leto vs. Florida vs. U.S.

Egypt Lake-LetoFloridaU.S.
Median rent$1,482$1,669$1,413
Median home value$315,100$359,000$332,700
Median household income$54,032$74,568$80,734
Homeownership rate47.8%67.6%65.2%
Bachelor's degree or higher24.6%34.1%35.7%
Poverty rate16.7%12.6%12.5%
Unemployment rate7.1%4.8%5.2%
Work from home11.3%15.7%15.1%
Median age40.642.638.9

FAQ

What is the average rent in Egypt Lake-Leto, FL?

The median gross rent in Egypt Lake-Leto, FL is $1,482 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Egypt Lake-Leto, FL?

Using the common 30% rule, renting a median-priced home takes about $59,280 a year in gross income.

Is Egypt Lake-Leto, FL expensive to live in?

Rent there is 5% higher than the U.S. median, and the median home costs about 5.8 times the median household income.

Other cities in Florida

Jacksonville, FLRent $1,465 · Income $69,872Miami, FLRent $1,758 · Income $62,462Tampa, FLRent $1,701 · Income $75,475Orlando, FLRent $1,747 · Income $72,336St. Petersburg, FLRent $1,663 · Income $75,192Port St. Lucie, FLRent $1,937 · Income $80,648

Cities with a similar cost of living

Passaic, NJRent $1,465 · Income $55,371Horn Lake, MSRent $1,435 · Income $53,311New Haven, CTRent $1,488 · Income $56,851Sun City, AZRent $1,569 · Income $54,586Desert Hot Springs, CARent $1,412 · Income $52,761Newburgh, NYRent $1,454 · Income $56,960

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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