Cost of Living in Sunset, FL

Population 13,652 · Florida · Data vintage 2023

163
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Sunset is a smaller Florida community of around 14000 residents, where median household incomes of $99,764 and housing costs ($538,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 2.3% — below most comparable cities in the state.

Geographically, Sunset sits roughly 10 miles southwest of Miami. Median home values run roughly 13% higher than Miami's $475,000.

Cost Overview

Housing 176
Rent 144

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

About the Cost of Living in Sunset

The median home value in Sunset is $537,500 — 76% above the national median of $305,000. Median rent runs $1,894/month, 44% higher than the national median of $1,314/month. The median household income of $99,764/year is 34% higher than the US median of $74,580. The local unemployment rate is 2.3%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Sunset has a cost of living index of 163 versus the US average of 100, meaning it is 63% more expensive.

🏠 Housing

Median Home Value
$537,500
76% above avg
Median Rent
$1,894/mo
44% above avg
Price-to-Rent Ratio
23.6x
Favors renting
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 75.8%
Renter-occupied 24.2%

💰 Estimated Monthly Budget

Rent median rent
$1,894
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,508/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
36.8 min
36% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.1%

Commute Mode

Drove alone
75.5%
Carpooled
8.6%
Public transit
0.7%
Walked
2.7%
Work from home
12.1%

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
$99,764
34% above avg
Per Capita Income
$55,824
Unemployment Rate
2.3%
52% below avg
Poverty Rate
11.1%
Labor Force Participation
65.3%

🎓 Education

Bachelor's degree+ 23.9%
Graduate degree 18.6%

👥 Demographics

Median Age 47.1
Male median age 45.7
Female median age 48.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
56.7%
Good air days/yr
170
Max AQI recorded
272
PM2.5 days
76
Ozone days

Frequently Asked Questions

What is the cost of living in Sunset, FL?

Sunset has a cost index of 163 (100 = national average). It is 63% above the national average.

What is average rent in Sunset, FL?

The median gross rent in Sunset is $1,894 per month based on 2023 Census data.

What is the average home price in Sunset?

The median home value in Sunset is $537,500 according to 2023 Census ACS data.

What is the median income in Sunset?

The median household income in Sunset is $99,764 per year (2023 ACS 5-year estimates).

What is the sales tax in Sunset, FL?

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

Is Sunset, FL affordable?

Sunset is above average in cost of living, with an index of 163 — about 63% higher than the national average.

Sunset at a Glance

Population
13,652
Median Income
$99,764
Home Value
$537,500
Median Rent
$1,894/mo
Unemployment
2.3%
Sales Tax
7.0%
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Explore county-level cost of living data

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