Cost of Living in Longboat Key, FL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
259.7
100 = national avg
+159.7 vs national average
Living Wage (1 Adult)
$114,259
per year
Living Wage (Family of 4)
$270,066
per year
Cost Index by Category
Housing388.3
Food159.6
Transportation219.2
Healthcare147.7
Utilities193.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,686
per month
2 Bedroom
$1,958
per month
The overall cost of living index in Longboat Key is 259.7, which is 159.7% above the national average. Housing costs are above the national average at an index of 388.3. A single adult needs to earn approximately $114,259 per year to cover basic expenses.