The Cost of Living in Bradenton and Sarasota (compared to other cities)

March 29, 2016

Cost-of-Living-BS.jpgIf you’re looking to move to an apartment home in Bradenton or Sarasota, a cost of living index might help you decide which one is best for you.

Cost of living indexes rank cities based on how much items like groceries and utilities cost when compared to the country as a whole. A score of 100 means the community ranks in line with the average across the country. A score over 100 means it’s a little more expensive to live there, while under 100 indicates it's slightly cheaper.

Bradenton

The cost of living in Bradenton is just below that of Florida as a whole, and also slightly below that of the United States, with a cost of living index of 99 compared to 101 for the state. This means that you can enjoy life near the ocean without a major increase in expense.

  • With a housing index of 86, you can expect to pay significantly less for housing in Bradenton compared to most other parts of the country
  • The cost of a typical two-bedroom apartment is on par with the average cost in the United States and lower than Tampa Bay
  • Goods, services, groceries and healthcare are just a little more expensive than the national average, but right on par with the rest of Florida

Sarasota

If you’re considering making the move to Sarasota, you may have to pay just a bit more for day-to-day purchases, but on the flip side you’ll be just a tiny bit closer to the ocean. The cost of living in Sarasota is just slightly above that of Florida and the rest of the United States with an index score of 102.

  • The biggest differences are seen in health care and consumable goods, with scores of 108 and 104 respectively
  • In spite of the appeal of this community, the housing index is still lower than the rest of the country by about one point
  • Rent prices are about equal to those in nearby Tampa

Cost of Living Compared to Other Nearby Cities

While the cost of living in Bradenton and Sarasota is slightly higher than Tampa Bay and St. Petersburg, the two cities boast a high quality of life and a cost of living that is well within the average of the rest of the state and the country.

As you weigh your housing options, consider our Springs Apartments communities in Bradenton and Sarasota, which offer luxury living in welcoming communities.

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