Housing costs in Sarasota?
A typical home costs
$1,034,700, which is 206.0% more expensive than the national average of
$338,100 and 185.5% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Sarasota costs
$1,520 per month, which is 2.6% cheaper than the national average of
$1,560 and 4.6% cheaper than the state average of
$1,590.
Can I afford Sarasota?
To live comfortably in Sarasota (zip 34236), Florida, a minimum annual income of
$198,360 for a family, and
$48,800 for a single person is recommended.
What does A.I. say about Sarasota?
The cost of living in 34236 Sarasota, FL is generally considered to be quite high. The median home value is $279,300 and the median household income is $48,422. This makes it one of the more expensive places to live in Florida. Renters can expect to pay a median rent price of $1,159 per month for a one-bedroom apartment and around $1,573 monthly for a two-bedroom unit. Groceries are also more expensive than many other parts of the state with an overall cost of goods index at 102.6% higher than the national average. Generally speaking, the cost of living in Sarasota is higher than average but there are still many affordable options available if you know where to look and have the right resources.