What is the cost of living in South Gate Ridge, FL?
According to the most recent data on the cost of living, South Gate Ridge has an overall cost of living index of 116, which is 1.2x higher than the national index of 100.
Compared to Florida, South Gate Ridge has a cost of living index that's 1.1x higher than Florida's index of 104.
The standard of living in South Gate Ridge ranks as #304 most affordable out of the 462 places we measured in Florida. By definition, that implies South Gate Ridge ranks as the #158 most expensive place in the Sunshine State.
For more reading on life in South Gate Ridge, check out:
South Gate Ridge Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in South Gate Ridge. Here is how it fares on each of the criteria:
The Services index in South Gate Ridge is 104.
The Groceries index in South Gate Ridge is 102.
The Health index in South Gate Ridge is 143.
The Housing index in South Gate Ridge is 98.
The Transportation index in South Gate Ridge is 111.
The Utilities index in South Gate Ridge is 110.
| Living Expense | South Gate Ridge | Florida | National Average |
|---|---|---|---|
| Overall | 116 | 104 | 100 |
| Services | 104 | 101 | 100 |
| Groceries | 102 | 105 | 100 |
| Health | 143 | 99 | 100 |
| Housing | 98 | 104 | 100 |
| Transportation | 111 | 109 | 100 |
| Utilities | 110 | 105 | 100 |
South Gate Ridge 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 South Gate Ridge Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
South Gate Ridge, 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 South Gate Ridge is $465,443.
The Median Rent in South Gate Ridge is $1,612.
The Median Income in South Gate Ridge is $70,469.
The Home Value To Income in South Gate Ridge is 6.6x.
The Rent To Monthly Income in South Gate Ridge is 0.27x.
| Statistic | South Gate Ridge | Florida | United States |
|---|---|---|---|
| Median Home Value | $465,443 | $375,661 | $332,700 |
| Median Rent | $1,612 | $1,669 | $1,413 |
| Median Income | $70,469 | $74,568 | $80,734 |
| Home Value To Income | 6.6x | 5.0x | 4.1x |
| Rent To Monthly Income | 0.27x | 0.27x | 0.21x |
South Gate Ridge, FL Costs By Category
Detailed South Gate Ridge Services costs vs. Florida
| Item | South Gate Ridge | 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 South Gate Ridge Groceries costs vs. Florida
| Item | South Gate Ridge | 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 South Gate Ridge Health costs vs. Florida
| Item | South Gate Ridge | Florida |
|---|---|---|
| Optometrist | $104.04 | $125.68 |
| Doctor | $122.85 | $135.78 |
| Dentist | $112.75 | $113.29 |
Detailed South Gate Ridge Transportation costs vs. Florida
| Item | South Gate Ridge | Florida |
|---|---|---|
| Gasoline | $3.56 | $3.46 |
| Tire Balancing | $63.29 | $59.92 |
Detailed South Gate Ridge Utilities costs vs. Florida
| Item | South Gate Ridge | Florida |
|---|---|---|
| All Electricity | $149.04 | $193.99 |
| Phone | $193.01 | $192.25 |
South Gate Ridge SnackAbility
Cost Of Living In Cities Around South Gate Ridge
The cost of living varies in the cities and towns around South Gate Ridge. 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, 0.9x South Gate Ridge.
Sarasota, FL has a cost of living index of 120, 1.0x South Gate Ridge.
Venice, FL has a cost of living index of 118, 1.0x South Gate Ridge.
| City | Population | Cost Of Living | Vs. South Gate Ridge |
|---|---|---|---|
| Bradenton, FL | 57,014 | 106 | 0.9x |
| Sarasota, FL | 56,970 | 120 | 1.0x |
| Venice, FL | 27,479 | 118 | 1.0x |
| South Bradenton, FL | 25,990 | 93 | 0.8x |
| Bayshore Gardens, FL | 18,131 | 97 | 0.8x |
| South Venice, FL | 17,484 | 110 | 0.9x |
| Fruitville, FL | 15,172 | 121 | 1.0x |
| Sarasota Springs, FL | 12,611 | 114 | 1.0x |
| Bee Ridge, FL | 10,334 | 116 | 1.0x |
| Southgate, FL | 5,772 | 119 | 1.0x |
