Housing costs in Sarasota?
A typical home costs
$458,200, which is 35.5% more expensive than the national average of
$338,100 and 26.4% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in 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 Sarasota?
To live comfortably in Sarasota Flor County, Florida, a minimum annual income of
$87,840 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Sarasota?
The cost of living in Sarasota, FL County is higher than the US average, with a cost of living index of 105.3 compared to 100 for the US as a whole. This higher cost of living accompanies a higher median house value in the county, at $458,200 compared to $338,100 for the US. Consequently, it may be more expensive to buy and maintain a home in Sarasota than in other parts of the country. However, this premium price may be worth it for those seeking to live in one of Florida's most vibrant coastal communities.