Cost of Living in Cortez, FL: Rent, Income & Home Prices

OKRent takes 28 cents of every $1 people earn here.

🏠 Rent per month (2026)$1,99314% higher than U.S. average

💵 Families earn per year (2026)$86,167about $7,181/month · 1% lower than U.S. average

🔑 House price$392,20018% higher than U.S. average

Rent is higher than in 69% of U.S. cities. A typical house costs about 4.6 years of household income. Commutes are long, about 33.2 minutes each way. Most homes (87.1%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $79,720 a year. That is $38 an hour at a full-time job.

Is rent cheaper than other Florida cities?

No. Rent here is more expensive than in most of Florida. It is number 254 of 479 cities from cheapest to most expensive.

Cortez

$1,993

$1,584

$1,752

$1,736

$1,189

$2,506

$1,819

How much do households earn in Cortez?

Under $25k

7.2%

$25k–50k

23.2%

$50k–100k

32.6%

$100k–150k

18.1%

$150k+

12.7%

Share of households by yearly income. 30.8% of households earn $100,000 or more.

Rent by apartment size in Cortez

Size	Cortez	U.S. average
2 bedrooms	$1,996	$1,509
3 bedrooms	$2,024	$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Cortez overall?

Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing

122

Goods (food, clothes…)

Utilities

Other services

101

U.S. average

100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Cortez, so the Florida figure is shown.

Taxes and bills in Cortez

🏛️ Property tax$3,058a year · 0.78% of home value · U.S. $3,119

⚡ Electric bill$128a month (typical) · U.S. $156

Life in Cortez

Commute to work33.2 minU.S.: 26.4 min

College degree46.7%U.S.: 35.7%

Own their home87.1%U.S.: 65.2%

Below poverty line10.5%U.S.: 12.5%

Unemployment11%U.S.: 5.2%

Is it cheaper to rent or buy in Cortez?

Renting is cheaper right now: about $728 a month less.

Renting

$1,993

Owning

$2,721

Owning assumes a typical $392,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $39,220 for the down payment.

Frequently asked questions

What is the average rent in Cortez, FL?

Renting in Cortez costs a median of about $1,993 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Cortez?

To keep rent under 30% of income, you need about $79,720 a year, or $38 an hour at a full-time job.

Is Cortez cheap or expensive?

Cortez is rated OK: rent takes 27.8% of the typical household income of $86,167. It ranks 254th cheapest of 479 Florida cities we track.

How much are property taxes in Cortez?

The median homeowner in Cortez pays $3,058 a year in property taxes, about 0.78% of the median home value.

Is Cortez more expensive than the national average?

Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Cortez?

The median home value in Cortez is $392,200, about 4.6 times the typical yearly household income.

5,205 people live in Cortez. Numbers are typical (middle) values.

Is Cortez, FL expensive to live in?