Cost of living in Clermont, Florida: 2026 numbers

Clermont, Florida, is a city known for its scenic beauty and vibrant community. Whether you're looking to buy a home, invest in property, or relocate, it’s crucial to understand the cost of living. In 2026, several factors influence how much you’ll spend in this charming city. From housing prices to everyday expenses, let’s break down what you can expect.

Housing Costs

Home Prices

In Clermont, the median home price has seen a steady increase over the years. As of July 2026, expect to pay around $350,000 for a typical single-family home. This amount can vary based on the neighborhood and property type. For new buyers, exploring options through our home search tool can provide a comprehensive look at current listings.

Mortgage Options

When financing a home, several mortgage options may be available. For a conventional 30-year loan, the average annual percentage rate is approximately 6.6%, assuming a 20% down payment. If you're an eligible first-time buyer, consider an FHA loan, which requires as little as 3.5% down. Veterans can take advantage of VA loans with no down payment, offering excellent flexibility. Foreign buyers may need to put down 25-30% at a higher interest rate of 7.5-8.5%. Always confirm the details with your Realtor or lender.

Property Taxes and Home Insurance

In Florida, property taxes are generally around 1% of your home’s assessed value per year. So, for a $350,000 home, you might expect to pay about $3,500 annually. Home insurance costs can vary widely; budget between $2,500 and $4,500 each year depending on coverage and property specifics.

Utilities

Basic Utilities

Utility costs in Clermont can vary, but on average, residents pay around $200 monthly for basic services, including electricity, heating, cooling, water, and garbage. This figure can fluctuate based on usage and household size.

Internet and Cable

For high-speed internet and cable, expect to pay around $100 per month, depending on your service provider and package. Many families find this expense manageable, especially with the availability of multiple service options.

Food and Groceries

Food costs can also be a significant part of your budget. On average, a family of four can expect to spend around $800 to $1,000 per month on groceries. Dining out will, of course, vary based on your choices. A meal at an inexpensive restaurant typically costs around $15 per person, while a three-course meal for two at a mid-range restaurant may run approximately $60.

Transportation

Public Transport and Commute

Clermont is primarily a car-dependent city. Gas prices are currently around $3.00 per gallon, which is fairly standard for the region. If you plan to use public transportation, costs are minimal, but services may not be as comprehensive as in larger cities.

Car Insurance

Don’t forget to factor in car insurance, which can average between $1,200 and $1,800 annually, depending on your coverage, vehicle type, and driving history.

Healthcare

Healthcare costs in Clermont are comparable to national averages. An adult can expect to pay about $300 per month for health insurance premiums. Out-of-pocket costs, like co-pays and deductibles, will vary based on your plan.

Lifestyle and Entertainment

Clermont offers a range of recreational activities. Parks, lakes, and local events make it a great place for families. Budgeting for entertainment can range from free community events to paid activities like movie tickets, typically around $12 each.

Overall Cost of Living

Overall, the cost of living in Clermont is quite reasonable compared to other parts of Florida. While housing costs are substantial, other expenses remain manageable. For anyone considering a move or investment, it’s important to take a holistic view of your budget.

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FAQ

What are the average home prices in Clermont, FL?

As of July 2026, the average home price in Clermont is around $350,000.

How much can I expect to pay for utilities in Clermont?

Monthly utility costs typically range around $200 for basic services in Clermont.

What are the property taxes like in Florida?

Property taxes in Florida are approximately 1% of your home's assessed value per year. For a $350,000 home, that would be about $3,500 annually.

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