Cost of Living in Siesta Key, FL
Population 5,690 · Florida · Data vintage 2023
(100 = US avg)
Home prices in Siesta Key run well above the national baseline, with a median of $954,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $119,427 place the city among the better-paid Florida metros.
Geographically, Siesta Key is about 35 miles south of St. Petersburg, the nearest large metro. Median home values run roughly 188% higher than St. Petersburg's $332,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Siesta Key
The median home value in Siesta Key is $954,300 — 213% above the national median of $305,000. Median rent runs $2,761/month, 110% higher than the national median of $1,314/month. The median household income of $119,427/year is 60% higher than the US median of $74,580. The local unemployment rate is 4.0%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Siesta Key has a cost of living index of 272 versus the US average of 100, meaning it is 172% more expensive.
Siesta Key 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 Siesta Key, FL?
Siesta Key has a cost index of 272 (100 = national average). It is 172% above the national average.
What is average rent in Siesta Key, FL?
The median gross rent in Siesta Key is $2,761 per month based on 2023 Census data.
What is the average home price in Siesta Key?
The median home value in Siesta Key is $954,300 according to Zillow and Census data.
What is the median income in Siesta Key?
The median household income in Siesta Key is $119,427 per year (2023 ACS 5-year estimates).
What is the sales tax in Siesta Key, FL?
The combined state and local sales tax rate in Siesta Key is 7.0%. Florida has no state income tax.
Is Siesta Key, FL affordable?
Siesta Key is above average in cost of living, with an index of 272 — about 172% higher than the national average.
Siesta Key at a Glance
- Population
- 5,690
- Median Income
- $119,427
- Home Value
- $954,300
- Median Rent
- $2,761/mo
- Unemployment
- 4.0%
- Sales Tax
- 7.0%
Nearby Cities
Explore county-level cost of living data
Florida Rankings
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