Cost of Living in South Gate Ridge, FL

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B-
15%
Overall NAT. AVG.
4%
Groceries NAT. AVG.
42%
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 South Gate Ridge Florida National
Cost of living115102100
Groceries104102100
Health care104104100
Housing14297100
Transportation100103100
Utilities110110100
Lifestyle & Entertainment109104100
Household Items100102100
Education & Childcare103106100
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Homes For Sale In South Gate Ridge, FL

property for sale

4747 Watkins Ave

Sarasota, FL
property for sale

4322 Pasadena Ct

Sarasota, FL
property for sale

3799 Countryside Rd

Sarasota, FL
property for sale

3966 Mediterranea Cir #421

Sarasota, FL

Cost Of Living Quick Facts

  • The cost of living in South Gate Ridge is 13% higher than the Florida average
  • The cost of living in South Gate Ridge is 15% higher than the national average
  • South Gate Ridge housing is 42% 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 South Gate Ridge

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      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$97,407$8,117$2,273$2,923
      Renters$65,598$5,467$1,531$1,968
      A good way to judge both the affordability of the housing and the cost of living in South Gate Ridge is by simply calculating the maximum that should be spent on housing, otherwise known as the debt-to-income ratio (DTI). The plan is to avoid spending more than 28 percent of the gross income on costs that pertain to housing and no more than 36 percent on all expenses and debts. South Gate Ridge has a median income of about $97,407 for people who own homes. Based on that number, a maximum of $2,273 should be spent on expenses related to housing. Renters have a slightly different median income, which is $65,598. Based on this average, renters should spend no more than $1,531 on all rental costs if they want to maintain a non-impoverished standard of living.

      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%
      South Gate Ridge, FL6,31011515.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Penitas, TX6,3118713.1%
      Carlstadt, NJ6,31213938.7%
      Stephenville, NL6,312n/a 
      East Farmingdale, NY6,30714544.6%
      Newberry, FL6,3061055.5%
      South Gate Ridge, FL6,31011515.4%
      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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