Cost of Living: Sarasota, FL vs Sparks, NV
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sarasota | Sparks |
|---|---|---|
| Housing Index | 120.0 | 105.0 |
| Median Home Price | $392,500 | $475,000 |
| Average Rent (2 BR Apartment) | $2000 | $1600 |
| Average Rent (2 BR House) | $2040 | $1628 |
Housing Comparison: Sarasota vs Sparks
- The median home price in Sparks is higher at $475,000, compared to $392,500 in Sarasota.
- Renting a two-bedroom apartment costs more in Sarasota at $2,000 than in Sparks at $1,600.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Sarasota | Sparks |
|---|---|---|
| Electricity Price | $13.89 | $15.5 |
| Natural Gas Price | $26.13 | $20.66 |
| Other Utilities | $250 | $250 |
Utilities Comparison: Sarasota vs Sparks
- Sparks has higher electricity costs at $15.5 per kWh, versus $13.89 in Sarasota.
- Natural gas is more expensive in Sarasota at $26.13 per unit, while it is cheaper at $20.66 in Sparks.
- Utility expenses are equal in both Sarasota and Sparks averaging $250.