Cost of Living in Lake Sarasota, FL
Population 3,802 · Florida · Data vintage 2023
(100 = US avg)
Lake Sarasota is a smaller Florida community of around 4000 residents, where median household incomes of $98,689 and housing costs ($338,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Located 35 miles southeast of St. Petersburg, Lake Sarasota falls within that metro's commuting orbit. Housing prices track closely with St. Petersburg's $332,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lake Sarasota
The median home value in Lake Sarasota is $337,700 — 11% above the national median of $305,000. Median rent runs $1,858/month, 41% higher than the national median of $1,314/month. The median household income of $98,689/year is 32% higher than the US median of $74,580. The local unemployment rate is 3.1%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Lake Sarasota has a cost of living index of 123 versus the US average of 100, meaning it is 23% more expensive.
Lake Sarasota has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Lake Sarasota, FL?
Lake Sarasota has a cost index of 123 (100 = national average). It is 23% above the national average.
What is average rent in Lake Sarasota, FL?
The median gross rent in Lake Sarasota is $1,858 per month based on 2023 Census data.
What is the average home price in Lake Sarasota?
The median home value in Lake Sarasota is $337,700 according to 2023 Census ACS data.
What is the median income in Lake Sarasota?
The median household income in Lake Sarasota is $98,689 per year (2023 ACS 5-year estimates).
What is the sales tax in Lake Sarasota, FL?
The combined state and local sales tax rate in Lake Sarasota is 7.0%. Florida has no state income tax.
Is Lake Sarasota, FL affordable?
Lake Sarasota is above average in cost of living, with an index of 123 — about 23% higher than the national average.
Lake Sarasota at a Glance
- Population
- 3,802
- Median Income
- $98,689
- Home Value
- $337,700
- Median Rent
- $1,858/mo
- Unemployment
- 3.1%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
Similar Cost Cities
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