Cost of living
South Sarasota, Florida
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South Sarasota, FL is #85 on the list Top 100 Best Cities For Retirees - 2023
Cost of living in South Sarasota, Florida
Cost of living compared to USAthe highest
Cost of living compared to Floridathe highest
Median household incomehigh
Is it expensive to live in South Sarasota, Florida? When calculating the cost of living in South Sarasota, Florida we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in South Sarasota, Florida is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Florida, while median household income in South Sarasota is $76,875 which is high Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Florida.
Taxes in South Sarasota, Florida
The sales tax rate in South Sarasota, Florida is 7.0%. Last year, the average property taxes paid was 0.9% South Sarasota, Florida.
The state of Florida is one of the states with no state income taxes.
Housing costs in South Sarasota, Florida
The average cost of a single-family home compared to USAthe highest
The average cost of a single-family home compared to Floridathe highest
In South Sarasota, Florida, 76.0% of the population owns their homes, while approximately 24.0% rent. The average cost of a single-family home in South Sarasota, Florida in 2022 is $554,915 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Florida. The average one-bedroom apartment cost is approximately $1,328 per month.
| Rental Size | Monthly Cost | Compared to Florida |
|---|---|---|
| 1 Bedroom | $1,328 | moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $1,657 | highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $2,193 | highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $2,616 | highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
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