Housing costs in Sarasota?
A typical home costs
$723,700, which is 114.0% more expensive than the national average of
$338,100 and 99.7% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Sarasota costs
$2,370 per month, which is 51.9% more than the national average of
$1,560 and 32.9% more than the state average of
$1,590.
Can I afford Sarasota?
To live comfortably in Sarasota (zip 34240), Florida, a minimum annual income of
$138,600 for a family, and
$76,000 for a single person is recommended.
What does A.I. say about Sarasota?
The cost of living in 34240 Sarasota, FL is slightly higher than the national average. The median household income in the area is $56,945, which is slightly higher than the US average of $53,482. Housing costs are significantly higher than the national average; while the median home value is $229,216 compared to the US average of $184,700, rent prices in 34240 Sarasota are also considerably more expensive with an average rent of around $1,477 per month compared to the US average of about $949. All other expenses such as food and transportation costs are very close to the national averages.