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North Port-Bradenton-Sarasota, FL

Cost of living in Sarasota, Florida

Sarasota County, FL

Part of the North Port Metro Area

Estimated monthly cost
$3,507/mo
for a single person, all categories combined

Population 449,011 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $1,580 45%
Federal tax $523 15%
Healthcare $480 14%
Groceries $352 10%
Transport $320 9%
Energy $197 6%
Water $55 2%
State tax $0 0%

Rent in Sarasota

Fair Market Rents by bedroom count.

Studio
$1,266
per month
1 bedroom
$1,580
per month
2 bedroom
$1,846
per month
3 bedroom
$2,425
per month
4 bedroom
$2,903
per month

Source: HUD FMR FY2025

Income and earnings in Sarasota

Annual earnings figures from the Census ACS.

Household income
$80,633
per year
Individual earnings
$42,041
per year
Per capita
$55,430
per year

Source: ACS 2019-2023 5-Year.

Home values in Sarasota

Average values reported by homeowners.

Average home value
$373,100
Annual property tax
$2,826

Source: ACS 2019-2023 5-Year

Energy costs in Sarasota

Estimated monthly electricity and gas costs.

Electricity
$176
per month · 16¢/kWh
Natural gas
$21
per month
Annual total
$2,364
per year

Source: EIA

Healthcare in Sarasota

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
10.0%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Sarasota

State and local tax rates for Florida.

No state income tax
Florida does not levy a personal income tax.
State sales tax
6.0%
Combined sales tax
7.0%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Sarasota

Commute patterns and estimated costs.

Average commute
24.5 min
Drive alone
72.9%
Public transit
0.5%
Work from home
15.2%

Source: ACS

Monthly cost estimates for Sarasota

What it costs to live in Sarasota each month.

Single person
$3,507
per month
  • Rent $1,580
  • Energy $197
  • Water $55
  • Groceries $352
  • Transport $320
  • Healthcare $480
  • Federal tax $523
  • State tax $0
Couple
$5,004
per month
  • Rent $1,846
  • Energy $236
  • Water $65
  • Groceries $583
  • Transport $420
  • Healthcare $864
  • Federal tax $990
  • State tax $0
Family
$7,741
per month
  • Rent $2,425
  • Energy $296
  • Water $75
  • Groceries $885
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $990
  • State tax $0

Frequently asked questions about Sarasota

Common questions about cost of living, rent and salary.

What is the average rent in Sarasota?

In Sarasota, Florida, a one-bedroom apartment averages $1,580 per month, a two-bedroom averages $1,846 per month, a three-bedroom averages $2,425 per month, according to HUD Fair Market Rent data.

What is the average salary in Sarasota?

In Sarasota, Florida, the average household income is $80,633 per year and individual earnings for full-time workers average $42,041 per year, according to U.S. Census Bureau data.

What is the cost of living in Sarasota?

The estimated cost of living in Sarasota, Florida is approximately $3,507 per month for a single person, $5,004 for a couple, $7,741 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Sarasota?

The combined sales tax rate in Sarasota, Florida is 7.01%, which includes the Florida state rate of 6.00% plus an average local rate of 1.01%.

Is Sarasota an affordable place to live?

Based on the data, a single person in Sarasota, Florida would need approximately $3,507 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $80,633 per year ($6,719 per month). Sarasota has a moderate cost of living relative to local earnings.

How much does healthcare cost in Sarasota?

The ACA marketplace benchmark premium in Sarasota, Florida is approximately $480 per month for an individual. Approximately 10.0% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Sarasota?

The average home value in Sarasota, Florida is $373,100, with average annual property taxes of $2,826, according to U.S. Census Bureau data.

How does Sarasota compare to other areas?

You can compare Sarasota, Florida with any other US county using our comparison tool at /compare. Sarasota is in the North Port-Bradenton-Sarasota, FL metro area.

Other counties in Florida

Browse the full list of counties in Florida, ranked by cost of living.

See all counties in Florida

Compare Sarasota with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources