CostIndexUSA

Philadelphia, PA vs Sarasota, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostPA
Philadelphia
102.6
overall index
$1,850/mo rent
FL
Sarasota
102.4
overall index
$1,925/mo rent

Philadelphia and Sarasota have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+13.2%
Philadelphia
113.1
Sarasota
128
🛒 Groceries0.6%
Philadelphia
96.8
Sarasota
96.2
🚗 Transportation4.1%
Philadelphia
108.2
Sarasota
103.8
🏥 Healthcare4.1%
Philadelphia
97.9
Sarasota
93.9
Utilities22.9%
Philadelphia
114.4
Sarasota
88.2

Salary Equivalency Calculator

Enter your current salary in Philadelphia to see what you'd need to earn in Sarasota to maintain the same purchasing power.

$
Equivalent salary in Sarasota, FL
$79,800
$200 less needed in Sarasota

Formula: salary × (102.4 ÷ 102.6) = salary × 0.9981. Based on BEA Regional Price Parities.

Housing Market

Philadelphia, PA

Median Home Price
$374,000
Median Monthly Rent
$1,850
Housing Index
113.1
Price-to-Rent Ratio
16.8×

Sarasota, FL

Median Home Price
$445,000
Median Monthly Rent
$1,925
Housing Index
128
Price-to-Rent Ratio
19.3×

Sarasota has 13.2% higher housing costs compared to Philadelphia.

Income & Job Market

Philadelphia, PA

Median Household Income
$86,900
Per Capita Income
$49,500
Unemployment Rate
4.5%
Population
1,603,797
Top Industries
HealthcareEducationFinanceTourismManufacturing

Sarasota, FL

Median Household Income
$78,900
Per Capita Income
$45,000
Unemployment Rate
3.9%
Population
57,738
Top Industries
TourismHealthcareReal EstateFinanceArts

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Philadelphia, PA
3.9×income-to-rent ratio

74% of income left after rent (median)

Sarasota, FL
3.4×income-to-rent ratio

71% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.