Skyline of Sarasota
Cost of Living: 115 58,000

Sarasota, FL, US

Cultural hub on the Gulf Coast with Siesta Key Beach, the Ringling Museum, and opera.

Updated September 12, 2026

Overview

Sarasota is a city in FL with a population of 58,000. Cultural hub on the Gulf Coast with Siesta Key Beach, the Ringling Museum, and opera. Housing is notably more expensive than the national average. The overall cost of living is above the national average. Gardening thrives here — the 7a growing zone supports Mild — wide variety of vegetables, many fruit trees. A large share of residents hold a bachelor’s degree or higher. The city enjoys abundant sunshine, with about 250 sunny days a year. The population skews older, with a median age of 49.3.

Last updated: September 12, 2026

Cost of Living 115

Above Average vs US Avg (100)

Housing Index 130

Above Average

Median Income $62,000

Household income

Unemployment 3.2%

Job market health

Sarasota vs US Average

Cost of Living
Sarasota: 115
US Avg: 100
Housing Index
Sarasota: 130
US Avg: 100

Taxes

  • State Income Tax: None
  • Sales Tax: 7.0%

Economy & Jobs

  • Median Income: $62,000
  • Unemployment: 3.2%
  • Population: 58,000

Climate

  • Sunny Days: 250/year
  • Summer High: 90°F
  • Winter Low: 55°F
  • Farming Zone: USDA Zone 7a

Housing

  • Median Home: $450,000
  • 1BR Rent: $1600/mo

Not sure this is the right city?

Take our 2-minute quiz to discover the best cities for your lifestyle and budget.

Take the Quiz

Cost of Living

Sarasota's cost of living index is 115 (US average = 100).

CategorySarasotaNational AverageDifference
Overall115100+15.0%
Housing130100+30.0%

Data source: Council for Community and Economic Research (C2ER), 2026

Housing Market

MetricValue
Median Home Price$450,000
Median Rent (1BR)$1600/mo
Median Rent (2BR)$2,000/mo
Price per Sq Ft$300

Data source: Zillow Research, 2026

True Cost of Home Ownership

True Cost of Home Ownership

See what you'll really pay over 30 years

$
%
$90,000 down
%
%
$

Utilities

Estimated monthly utility costs for a typical household in Sarasota:

UtilityEstimated Monthly CostNotes
Electricity$113Based on ~900 kWh/month typical US household usage
Heating & CoolingN/AEstimated based on local climate. Gas or electric
Cooling (AC)$17Estimated based on local climate and electricity rates
Water$55Includes sewer
Internet (100+ Mbps)$70Broadband average
Garbage / Trash$30Private service
Total Utilities$285Monthly estimate (including heating & cooling)

Data sources: U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Remote Work Score

Sarasota scores —/100 for remote work readiness:

Cost of Living
115
Rent
$1600
Sunny Days
250
Tax
None
Unemployment
3.2%
Climate
90°F / 55°F
Safety
5.8 homicides/100k
Population
58,000
Internet Speed
200 Mbps

Climate

Sarasota has a varied climate with distinct seasons.

MonthAvg HighAvg LowRainfall
January75°F55°F2.5"
April75°F70°F2.8"
July90°F65°F1.5"
October70°F73°F2.2"
USDA Zone 7a

Mild — wide variety of vegetables, many fruit trees

Natural Hazards

Sarasota faces the following natural hazards:

Hurricane Extreme Risk

Frequently affected by hurricanes.

Heat Wave Extreme Risk

Extreme summer heat.

Flood High Risk

Coastal flooding.

Wildfire Moderate Risk

Wildfire risk in dry season.

Tornado Moderate Risk

Tornado risk from hurricanes.

Drought Moderate Risk

Periodic drought conditions.

Based on historical records and geographic risk assessment.

Taxes

  • State Income Tax: 0% (None)
  • Sales Tax: 7%
  • Property Tax: ~0.91% of assessed value

Economy & Jobs

Major industries include technology, healthcare, education, and manufacturing. The unemployment rate is 3.2%.

Schools & Education

80/100
School Quality Score
Better than 67% of US cities
?
43
Total Schools
7.1:1
Student:Teacher
82.5%
Free/Reduced Lunch

Data source: National Center for Education Statistics (NCES)

Demographics

The population of Sarasota is diverse. The figures below show the ethnic, educational, and religious composition of the local population.

Ethnicity

Asian
2.1%
Black or African American
15.0%
Hispanic or Latino
16.3%
Native American
0.0%
Native Hawaiian or Pacific Islander
0.0%
Other
0.2%
Two or more races
2.6%
White
63.8%

Education

Bachelor's degree or higher
41.7%
High school graduate
26.7%
Less than high school
7.6%
Some college
24.0%

Religion

Christian
70.0%
Jewish
3.0%
Other
3.0%
Unaffiliated
24.0%

Data source: US Census Bureau American Community Survey (ACS) (2023)

Important Disclaimer: All data on this page is for informational purposes only and does not constitute financial, legal, tax, or real estate advice. URCity and Northshore Press are not financial advisors, tax professionals, or real estate agents. Always consult qualified professionals before making relocation or financial decisions.

Frequently Asked Questions

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

The cost of living index in Sarasota is 115, which is Higher the US national average of 100.

How much does it cost to buy a home in Sarasota?

The median home price in Sarasota is $450,000. The housing index is 130.

What is the average rent for a 1-bedroom apartment?

The average rent for a 1-bedroom apartment in Sarasota is approximately $1600/mo.

Does Sarasota, FL have income tax?

Sarasota is in FL, which has no income tax.

What is the climate like in Sarasota?

Sarasota enjoys approximately 250 sunny days per year. Summer highs reach around 90°F, while winter lows can drop to around 55°F.

Data Sources

  • Cost of Living: Council for Community and Economic Research (C2ER), 2026
  • Housing Data: Zillow Research, 2026
  • Income & Employment: US Census Bureau American Community Survey, 2024
  • Utilities U.S. Energy Information Administration (EIA) 2024, EPA/AWWA water rate surveys, BroadbandNow

Data last updated: September 13, 2026. Data may not reflect current market conditions. Always verify with local sources before making relocation decisions.