Housing costs in Sarasota?
A typical home costs
$506,800, which is 49.9% more expensive than the national average of
$338,100 and 39.8% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Sarasota costs
$1,730 per month, which is 10.9% more than the national average of
$1,560 and 8.1% more than the state average of
$1,590.
Can I afford Sarasota?
To live comfortably in Sarasota (zip 34239), Florida, a minimum annual income of
$97,200 for a family, and
$55,200 for a single person is recommended.
What does A.I. say about Sarasota?
The cost of living in 34239 Sarasota, FL is higher than the national average. The area has a median home value of $258,901 which is higher than the national median home value of $184,700. There is also an estimated cost of living index of 111.2 which is much higher than the national average of 100. Furthermore, groceries and health care are expensive due to high prices and sales taxes. However, the area does have some affordable housing options with housing costs being around 8% lower than the national average. With all these factors taken into account, the overall cost of living in 34239 Sarasota, FL remains high but there are certain areas where costs can be managed more effectively.