Housing costs in Sarasota Springs?
A typical home costs
$389,600, which is 15.2% more expensive than the national average of
$338,100 and 7.5% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Sarasota Springs costs
$1,700 per month, which is 9.0% more than the national average of
$1,560 and 6.5% more than the state average of
$1,590.
Can I afford Sarasota Springs?
To live comfortably in Sarasota Springs (zip 34232), Florida, a minimum annual income of
$74,520 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Sarasota Springs?
The cost of living in 34232 Sarasota Springs, FL is relatively high compared to other areas in Florida. According to BestPlaces, the cost of living index for Sarasota Springs is a staggering 134.6, which means that it costs 34.6% more to live there than the national average. The median home value for the area is $243,800 and average rent for a one bedroom apartment is around $1,000 making housing expenses fairly costly. Groceries and consumer goods are also more expensive than the US average, but transportation costs are lower than expected with an average commute time of 18 minutes and fuel costs being around 8% lower than the national average.