Overall 60%
Goods & Services 14%
Housing 175%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexSiesta KeyFloridaNational
Cost of living16099100
Goods & Services11499100
Health care117100100

Key findings

  • The cost of living in Siesta Key is 61% higher than the Florida average
  • The cost of living in Siesta Key is 60% higher than the national average
  • Siesta Key housing is 175% 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

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Compare Siesta Key, FL Cost of Living

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      Salary Calculator

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      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      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 $88,264 for those who own their own homes. Under the standard rule, that income level would allow for $2,059 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $59,868, per the median income in the area. That would allow for renters to spend up to $1,397 on monthly rental expenses.

      Florida Sales Tax

      StateGeneral Sales TaxWith Max Surtax

      Florida Income Tax

      StateIncome Tax (Low)Income Tax (High)

      Goods & Services

      ItemSiesta KeyNational avg.Difference
      Haircut $14.11$17.4919.3%
      Beauty Salon $34.84$38.178.7%
      Toothpaste $4.10$2.3276.4%
      Shampoo $0.96$1.015.5%
      Movie $8.73$10.7218.6%
      Bowling $3.21$13.8676.8%


      ItemSiesta KeyNational avg.Difference
      Ground Beef $5.07$3.9030.1%
      Fried Chicken $1.72$1.4023.0%
      Milk $2.93$1.9649.1%
      Potatoes $3.80$3.1819.4%
      Pizza $8.55$10.3917.7%
      Beer $8.91$9.233.4%

      Health Care

      ItemSiesta KeyNational avg.Difference
      Optometrist $114.72$106.347.9%
      Doctor $154.87$115.2534.4%
      Dentist $94.94$98.383.5%
      Ibuprofen $11.31$9.2622.1%
      Lipitor $443.12$466.475.0%


      ItemSiesta KeyNational avg.Difference
      Home Price $612,100.00$184,700.00231.4%
      Avg. Mortgage Payment $1,242.95$1,273.322.4%
      Apartment Rent $1,345.00$949.0041.7%


      ItemSiesta KeyNational avg.Difference
      Gasoline $2.29$2.5911.8%
      Tire Balancing $32.86$48.9032.8%


      ItemSiesta KeyNational avg.Difference
      All Electricity$153.91$167.608.2%
      Phone $34.98$163.4278.6%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City, StatePopulationCost of Living IndexNational Avg.
      South Bradenton, FL24,42892-8%
      West Samoset, FL6,83693-7%
      Bayshore Gardens, FL19,40994-6%
      Samoset, FL4,24396-4%
      North Sarasota, FL8,41296-4%
      Siesta Key, FL5,78216060%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Laie, HI5,78218585%
      Palermo, CA5,7831088%
      Hingham, MA5,77718383%
      Sandersville, GA5,77685-15%
      Robertsdale, AL5,77695-5%
      Siesta Key, FL5,78216060%
      Source: The Siesta Key, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.