Cost of Living in Treasure Island, FL

Population 6,568 · Florida · Data vintage 2023

158
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Treasure Island run well above the national baseline, with a median of $574,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $82,340 place the city among the better-paid Florida metros.

Treasure Island sits roughly 8 miles west of St. Petersburg — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 73% higher than St. Petersburg's $332,000.

Cost Overview

Housing 188
Rent 114

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

About the Cost of Living in Treasure Island

The median home value in Treasure Island is $573,500 — 88% above the national median of $305,000. Median rent runs $1,496/month, 14% higher than the national median of $1,314/month. The median household income of $82,340/year is 10% higher than the US median of $74,580. The local unemployment rate is 5.5%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Treasure Island has a cost of living index of 158 versus the US average of 100, meaning it is 58% more expensive.

🏠 Housing

Median Home Value
$573,500
88% above avg
Zillow Home Value
$362,105
Zillow ZHVI
Median Rent
$1,496/mo
14% above avg
Zillow Rent
$2,095/mo
Zillow ZORI
Price-to-Rent Ratio
31.9x
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 75.4%
Renter-occupied 24.6%

💰 Estimated Monthly Budget

Rent median rent
$1,496
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,110/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
33.3 min
23% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
32.4%

Commute Mode

Drove alone
63.7%
Carpooled
2.0%
Walked
0.1%
Work from home
32.4%

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
$82,340
10% above avg
Per Capita Income
$84,942
Unemployment Rate
5.5%
14% above avg
Poverty Rate
4.8%
Labor Force Participation
49.8%

🎓 Education

Bachelor's degree+ 34.4%
Graduate degree 16.7%

👥 Demographics

Median Age 62.3
Male median age 61.1
Female median age 63.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
59.5%
Good air days/yr
113
Max AQI recorded
237
PM2.5 days
125
Ozone days

Frequently Asked Questions

What is the cost of living in Treasure Island, FL?

Treasure Island has a cost index of 158 (100 = national average). It is 58% above the national average.

What is average rent in Treasure Island, FL?

The median gross rent in Treasure Island is $1,496 per month based on 2023 Census data.

What is the average home price in Treasure Island?

The median home value in Treasure Island is $573,500 according to Zillow and Census data.

What is the median income in Treasure Island?

The median household income in Treasure Island is $82,340 per year (2023 ACS 5-year estimates).

What is the sales tax in Treasure Island, FL?

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

Is Treasure Island, FL affordable?

Treasure Island is above average in cost of living, with an index of 158 — about 58% higher than the national average.

Treasure Island at a Glance

Population
6,568
Median Income
$82,340
Home Value
$573,500
Median Rent
$1,496/mo
Unemployment
5.5%
Sales Tax
7.0%
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