What is the cost of living in Longboat Key, FL?
According to the most recent data on the cost of living, Longboat Key has an overall cost of living index of 179, which is 1.8x higher than the national index of 100.
Compared to Florida, Longboat Key has a cost of living index that's 1.7x higher than Florida's index of 104.
The standard of living in Longboat Key ranks as #456 most affordable out of the 462 places we measured in Florida. By definition, that implies Longboat Key ranks as the #6 most expensive place in the Sunshine State.
For more reading on life in Longboat Key, check out:
Longboat Key Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Longboat Key. Here is how it fares on each of the criteria:
The Services index in Longboat Key is 102.
The Groceries index in Longboat Key is 104.
The Health index in Longboat Key is 348.
The Housing index in Longboat Key is 99.
The Transportation index in Longboat Key is 108.
The Utilities index in Longboat Key is 107.
| Living Expense | Longboat Key | Florida | National Average |
|---|---|---|---|
| Overall | 179 | 104 | 100 |
| Services | 102 | 101 | 100 |
| Groceries | 104 | 105 | 100 |
| Health | 348 | 99 | 100 |
| Housing | 99 | 104 | 100 |
| Transportation | 108 | 109 | 100 |
| Utilities | 107 | 105 | 100 |
Longboat Key Cost Of Living Compared To Florida Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Florida, check out:
Protect your home budget Compare home warranties in Longboat Key Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Longboat Key, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Longboat Key is $964,716.
The Median Rent in Longboat Key is $3,501.
The Median Income in Longboat Key is $158,030.
The Home Value To Income in Longboat Key is 6.1x.
The Rent To Monthly Income in Longboat Key is 0.27x.
| Statistic | Longboat Key | Florida | United States |
|---|---|---|---|
| Median Home Value | $964,716 | $375,661 | $332,700 |
| Median Rent | $3,501 | $1,669 | $1,413 |
| Median Income | $158,030 | $74,568 | $80,734 |
| Home Value To Income | 6.1x | 5.0x | 4.1x |
| Rent To Monthly Income | 0.27x | 0.27x | 0.21x |
Longboat Key, FL Costs By Category
Detailed Longboat Key Services costs vs. Florida
| Item | Longboat Key | Florida |
|---|---|---|
| Shampoo | $1.36 | $1.28 |
| Movie | $13.08 | $12.13 |
| Bowling | $16.72 | $18 |
| Haircut | $26.28 | $24.26 |
| Beauty Salon | $41.57 | $45.56 |
Detailed Longboat Key Groceries costs vs. Florida
| Item | Longboat Key | Florida |
|---|---|---|
| Ground Beef | $5.02 | $5.84 |
| Fried Chicken | $1.48 | $1.57 |
| Milk | $4.54 | $4.67 |
| Potatoes | $5.47 | $4.93 |
| Pizza | $10.96 | $12.09 |
| Beer | $10.58 | $10.41 |
| Toothpaste | $3.67 | $3.7 |
Detailed Longboat Key Health costs vs. Florida
| Item | Longboat Key | Florida |
|---|---|---|
| Optometrist | $104.04 | $125.68 |
| Doctor | $122.85 | $135.78 |
| Dentist | $112.75 | $113.29 |
Detailed Longboat Key Transportation costs vs. Florida
| Item | Longboat Key | Florida |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $63.29 | $59.92 |
Detailed Longboat Key Utilities costs vs. Florida
| Item | Longboat Key | Florida |
|---|---|---|
| All Electricity | $149.04 | $193.99 |
| Phone | $193.01 | $192.25 |
Longboat Key SnackAbility
Cost Of Living In Cities Around Longboat Key
The cost of living varies in the cities and towns around Longboat Key. Here's a quick look at the cost of living in the most populous nearby places:
Bradenton, FL has a cost of living index of 106, 0.6x Longboat Key.
Sarasota, FL has a cost of living index of 120, 0.7x Longboat Key.
South Bradenton, FL has a cost of living index of 93, 0.5x Longboat Key.
| City | Population | Cost Of Living | Vs. Longboat Key |
|---|---|---|---|
| Bradenton, FL | 57,014 | 106 | 0.6x |
| Sarasota, FL | 56,970 | 120 | 0.7x |
| South Bradenton, FL | 25,990 | 93 | 0.5x |
| Bayshore Gardens, FL | 18,131 | 97 | 0.5x |
| Fruitville, FL | 15,172 | 121 | 0.7x |
| Palmetto, FL | 13,588 | 100 | 0.6x |
| Sarasota Springs, FL | 12,611 | 114 | 0.6x |
| West Samoset, FL | 7,429 | 95 | 0.5x |
| Whitfield, PA | 5,226 | 106 | 0.6x |
| Cortez, FL | 5,205 | 122 | 0.7x |
