Cost of Living in Sarasota, FL
| Cost of Living in Sarasota, FL | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 15% higher | 15% higher |
| Utilities (Monthly) | 1% higher | 1% lower |
| Food | 3% higher | 1% higher |
| Healthcare | 8% higher | 3% higher |
| Transportation | 3% lower | 3% lower |
| Goods & Services | 4% higher | 0% |
The cost of living in Sarasota, FL is 6% higher than the state average and 4% higher than the national average. Sarasota, FL housing is 15% more expensive than the U.S average, while utilities are about 1% less pricey. When it comes to basic necessities such as food and clothing, groceries are around 1% pricier in Sarasota, FL than in the rest of the country, while clothing costs around 0% .
Healthcare services such as doctor check-ups and dentistry cost 3% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 0% in Sarasota, FL.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Sarasota is $1,996, while home prices circle around $479,534.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Sarasota, energy bills cost around $162.33 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.55 in Sarasota, a dozen eggs go for around $3.59 and a pound of potatoes circles around $5.29.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Sarasota, an optometry check-up costs around $80.94, while a dentist appointment is priced $103.14 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.36 in Sarasota, while getting your tires balanced will run you about $54.31.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $46.66 here. Meanwhile, a pair of women's slacks will set you back around $47.71.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Sarasota, you should budget around $13.48 a month. When it comes to personal services, a haircut usually goes for $22.56, while dry cleaning costs about $12.91.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Sarasota, the median household income is $70,065.