South Sarasota cost of living index

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. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average. The breakdown for each index is as follows: goods and services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexSouth SarasotaFloridaNational
Cost of living12099100
IndexSouth SarasotaFloridaNational
Goods & Services11499100
Health care117100100

Key findings

  • The cost of living in South Sarasota is 21% higher than the Florida average
  • The cost of living in South Sarasota is 20% higher than the national average
  • South Sarasota 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

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Compare South Sarasota, FL Cost of Living To Other Cities


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      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      To approximate the cost of living and the housing affordability in South Sarasota, FL, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in South Sarasota have a median income of $90,114. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,103 per month to avoid calamity and poverty. The renters in the city have an income of about $31,051, which would make their monthly maximum allowable rental costs $724.

      Florida Sales Tax

      StateGeneral Sales TaxWith Max Surtax

      Florida Income Tax

      StateIncome Tax (Low)Income Tax (High)

      Goods & Services

      ItemSouth SarasotaNational 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%


      ItemSouth SarasotaNational 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

      ItemSouth SarasotaNational 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%


      ItemSouth SarasotaNational avg.Difference
      Home Price $293,500.00$184,700.0058.9%
      Avg. Mortgage Payment $1,242.95$1,273.322.4%
      Apartment Rent $961.00$949.001.3%


      ItemSouth SarasotaNational avg.Difference
      Gasoline $2.29$2.5911.8%
      Tire Balancing $32.86$48.9032.8%


      ItemSouth SarasotaNational 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%
      South Sarasota, FL5,03212020%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Bigfork, MT5,03211414%
      Dayton, MN5,03111111%
      Shenandoah, IA5,03081-19%
      South Highpoint, FL5,03488-12%
      Nikiski, AK5,02911616%
      South Sarasota, FL5,03212020%
      Source: The South Sarasota, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.