Cost of Living in North Sarasota, FL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

129.2

100 = national avg

+29.2 vs national average

Living Wage (1 Adult)

$56,833

per year

Living Wage (Family of 4)

$134,332

per year

Cost Index by Category

Housing
164.7
Food
105.9
Transportation
111.7
Healthcare
104.7
Utilities
116.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,686

per month

2 Bedroom

$1,958

per month

The overall cost of living index in North Sarasota is 129.2, which is 29.2% above the national average. Housing costs are above the national average at an index of 164.7. A single adult needs to earn approximately $56,833 per year to cover basic expenses.