Cost of Living in Siesta Key, FL

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F
73%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
234%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Siesta Key Florida National
Cost of living173102100
Groceries104102100
Health care104104100
Housing33497100
Transportation100103100
Utilities110110100
Lifestyle & Entertainment109104100
Household Items100102100
Education & Childcare103106100
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Homes For Sale In Siesta Key, FL

property for sale

1215 S Portofino Dr #406

Sarasota, FL
property for sale

6901 Bochi Cir

Sarasota, FL
property for sale

6907 Bochi Cir

Sarasota, FL
property for sale

765 Siesta Key Cir

Sarasota, FL

Cost Of Living Quick Facts

  • The cost of living in Siesta Key is 70% higher than the Florida average
  • The cost of living in Siesta Key is 73% higher than the national average
  • Siesta Key housing is 234% higher than the national average
  • Florida general sales tax is 18% higher than the national average
  • Florida state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around Siesta Key

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Compare Siesta Key, FL Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$160,132$13,344$3,736$4,804
      Renters$143,018$11,918$3,337$4,291
      A good indicator of the general affordability of housing in Siesta Key, FL, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Siesta Key, the median monthly income is $160,132 for those who own their own homes. Under the standard rule, that income level would allow for $3,736 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $143,018, per the median income in the area. That would allow for renters to spend up to $3,337 on monthly rental expenses.

      Florida Sales Tax

      State General Sales Tax With Max Surtax
      Florida 6% 7.5%

      Florida Income Tax

      State Income Tax (Low) Income Tax (High)
      Florida 0% 0%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      South Bradenton, FL25,620928.5%
      Whitfield CDP (Santa Rosa County), FL208936.7%
      Bayshore Gardens, FL21,005955.1%
      West Samoset, FL7,448964.4%
      Samoset, FL4,844973.3%
      Siesta Key, FL5,75817372.9%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Old Fig Garden, CA5,75813838.2%
      Elburn, IL5,75711414.4%
      Garnet, CA5,75911514.5%
      Williamson, AZ5,76013433.9%
      Shippensburg, PA5,760973.0%
      Siesta Key, FL5,75817372.9%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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