Cost of Living in North Sarasota, FL

Population 3,041 · Florida · Data vintage 2023

102
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Buyers in North Sarasota can reasonably expect a home to cost less than three years of household income — $224,000 against $73,099 in typical earnings — a ratio that has collapsed to 5:1 or worse in much of the country.

Located 30 miles south of St. Petersburg, North Sarasota falls within that metro's commuting orbit. Median home values run roughly 32% lower than St. Petersburg's $332,000.

Cost Overview

Housing 73
Rent 145

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in North Sarasota

The median home value in North Sarasota is $223,900 — 27% below the national median of $305,000. Median rent runs $1,911/month, 45% higher than the national median of $1,314/month. The median household income of $73,099/year is 2% lower than the US median of $74,580. The local unemployment rate is 4.5%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 83.3°F and lows of 64.8°F. Overall, North Sarasota has a cost of living index of 102 versus the US average of 100, meaning it is 2% more expensive.

🏠 Housing

Median Home Value
$223,900
27% below avg
Median Rent
$1,911/mo
45% above avg
Price-to-Rent Ratio
9.8x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 61.4%
Renter-occupied 38.6%

💰 Estimated Monthly Budget

Rent median rent
$1,911
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,525/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
26.9 min
0% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.1%

Commute Mode

Drove alone
74.4%
Carpooled
15.6%
Walked
0.5%
Bicycle
2.6%
Work from home
5.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$73,099
2% below avg
Per Capita Income
$27,140
Unemployment Rate
4.5%
6% below avg
Poverty Rate
13.8%
Labor Force Participation
58.5%

🎓 Education

Bachelor's degree+ 21.3%
Graduate degree 0.9%

👥 Demographics

Median Age 37.3
Male median age 27.4
Female median age 46.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
83.3°F
Avg Low
64.8°F
Annual Precip
49"
50° 63° 75° 88° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 737578838890919290868075
Low °F 525558636874757574686055
Precip" 2.791.922.852.462.587.057.399.116.002.761.812.33

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
63.6%
Good air days/yr
143
Max AQI recorded
224
PM2.5 days
141
Ozone days

Frequently Asked Questions

What is the cost of living in North Sarasota, FL?

North Sarasota has a cost index of 102 (100 = national average). It is 2% above the national average.

What is average rent in North Sarasota, FL?

The median gross rent in North Sarasota is $1,911 per month based on 2023 Census data.

What is the average home price in North Sarasota?

The median home value in North Sarasota is $223,900 according to 2023 Census ACS data.

What is the median income in North Sarasota?

The median household income in North Sarasota is $73,099 per year (2023 ACS 5-year estimates).

What is the sales tax in North Sarasota, FL?

The combined state and local sales tax rate in North Sarasota is 7.0%. Florida has no state income tax.

Is North Sarasota, FL affordable?

North Sarasota is near the national average in terms of cost of living, with an index of 102 (100 = US average).

What is the weather like in North Sarasota?

North Sarasota has average high temperatures of 83.3°F and average lows of 64.8°F. Annual precipitation is 49". Data from NOAA 1991–2020 Climate Normals.

North Sarasota at a Glance

Population
3,041
Median Income
$73,099
Home Value
$223,900
Median Rent
$1,911/mo
Unemployment
4.5%
Avg High Temp
83.3°F
Sales Tax
7.0%
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