Housing costs in South Sarasota?
A typical home costs
$520,100, which is 53.8% more expensive than the national average of
$338,100 and 43.5% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in South Sarasota costs
$1,590 per month, which is 11.2% more than the national average of
$1,430 and close to the state average of
$1,560.
Can I afford South Sarasota?
To live comfortably in South Sarasota, Florida, a minimum annual income of
$99,720 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about South Sarasota?
The cost of living in South Sarasota, FL is relatively high due to its proximity to the ocean and its many amenities. Groceries, basic necessities and transportation costs tend to be higher than in other parts of the country. The average home price in South Sarasota is around $400,000, which is quite expensive compared to most other cities in Florida. Rent prices are also high, with a one-bedroom apartment costing about $1,500 per month. In addition, the city has a sales tax rate of 6%, which is significantly higher than other states. Despite these costs, many people choose to live in South Sarasota due to its beautiful beaches and its close proximity to Tampa Bay.