Longboat Key, FL Cost of Living


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How much do I need to live in Longboat Key, Florida?
$16,950 / month
for a family, 213.9% more expensive than the national average A total of $203,400 for the year for a family.
$6,233 / month
for a single person, 30.8% more expensive than the national average A total of $74,800 for the year for a single person.

Longboat Key cost of living score
105.3
More expensive
5.3% higher
than the US average
2.1% higher
than the Florida average
Longboat Key, Florida gets a BestPlaces Cost of Living score of 105.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.3% higher than the U.S. average and 2.1% lower than the average for Florida.

Longboat Key, FL

Housing costs in Longboat Key?
A typical home costs $1,061,600, which is 214.0% more expensive than the national average of $338,100 and 192.9% more expensive than the average Florida home, at $362,400. Renting a two-bedroom unit in Longboat Key costs $2,330 per month, which is 62.9% more than the national average of $1,430 and 33.0% more than the state average of $1,560.

Can I afford Longboat Key?
To live comfortably in Longboat Key, Florida, a minimum annual income of $203,400 for a family, and $74,800 for a single person is recommended.

What does A.I. say about Longboat Key?
Longboat Key, FL is known for its beautiful beaches and luxury lifestyle. However, the cost of living in this area can be quite expensive. Home prices are some of the highest in Florida, with many townhouses and condos costing over $1 million dollars. Living expenses such as food, transportation and housing can also add up quickly due to the popularity of the area. However, Longboat Key offers a high quality of life that comes with a premium price tag. With a variety of shopping, restaurants and entertainment options nearby, residents are able to enjoy all that this area has to offer.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesLongboat KeyFloridaUnited States
    Unlock103.1100.0
  114.6  Unlock100.0
    Unlock102.3100.0
  268.3  Unlock100.0
    Unlock$362,400$338,100
  94.2  Unlock100.0
    Unlock112.6100.0
  106.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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