Cost of Living in Anna Maria, FL (2024)

FAQs

Cost of Living in Anna Maria, FL? ›

Anna Maria's housing expenses are 22% higher than the national average and the utility prices are 1% lower than the national average. Transportation expenses like bus fares and gas prices are 5% higher than the national average. Anna Maria has grocery prices that are 1% higher than the national average.

Quality of Living

Sure, the tropical weather and glorious beaches year-round are the biggest draw to move to Anna Maria Island but that's not all that makes quality of life here so great. National Geographic recently named the Bradenton-Sarasota-AMI area 14th happiest to live in the United States!

The cost of living in Florida per month equates to approximately $4,224 per person. It's also worth noting that in terms of Personal Consumption Expenditure (PCE), Florida saw the third-largest increase between 2021 and 2022.

Anna Maria is part of the Bradenton-Sarasota-Venice, Florida Metropolitan Statistical Area. The population was 968 at the 2020 census, down from 1,503 in 2010.

With lodging costing an average $294 per night for its most affordable double room, Anna Maria Island was Florida's most expensive spring destination and fifth overall in the United States, according to a survey by cheaphotels.org.

Although Hurricane Irma ended up being a major source of local Anna Maria Island news like other hurricanes of the past, the area remained largely intact, perhaps due to luck, geography, or a combination of both.

We found that the average bi-weekly paycheck in Florida for a $50,000 salary is $1,648. This means, on average, you will have 10 months with 2 paychecks ($3,296 monthly take-home) and two months where you will have 3 paychecks ($4,944 monthly take-home pay), for an average of $3,570 per month.

Deltona. Deltona has the lowest cost of living in Florida which is 16% lower than the national average. The city's crime rate which is 60% lower compared to other Florida neighborhoods also makes Deltona the safest place to live in the Sunshine State.

with a single adult needing a salary of $94,432 to “live comfortably.” While the hourly wage needed ranges from $43 to $48 in Florida, the minimum wage is currently $12 an hour. In November 2020, Florida voters approved incremental increases to the state's minimum wage.

Is it cheaper to live in Sarasota or Bradenton? ›

The cost of living is about the same in both cities. It is slightly lower in Bradenton as compared to Sarasota but it only wins by just 3 points. This means that the cost to live in either city is more or less equal and doesn't matter too much.

Houses are $20,000 Cheaper in Bradenton vs Sarasota

The median home cost average in the United States is $231,000. Bradenton and Sarasota are both higher, but not by much. However, one difference is that the median home price in Bradenton is about $20,000 less than Sarasota's price.

Spurred on by the COVID-19 pandemic, Bradenton has experienced an influx of new residents from high-income states like New York, Connecticut, New Jersey, and California. Many of them bring plenty of money, and buy their new homes with cash. As a result, the cost of housing of all kinds has skyrocketed.

About. In 2021, Anna Maria, FL had a population of 944 people with a median age of 65.3 and a median household income of $85,729. Between 2020 and 2021 the population of Anna Maria, FL declined from 1,087 to 944, a −13.2% decrease and its median household income grew from $80,865 to $85,729, a 6.01% increase.

"The northernmost of three cozy beach towns on a seven-mile-long island, Anna Maria is packed with so much old-Florida charm—from its sun-faded architecture and ice cream shops to beachside seafood shacks—it's essentially a 1950s time warp," writes Liz Newman, who is listed as the site's former Miami editor.

Anna Maria Island Specializes in the Laid-Back Party

Anna Maria Island's beaches are calm and serene, with plenty of spots for visitors to relax and soak up some Florida sun. There are a handful of live music venues but there's not the wild nightlife scene you'd find in bigger cities like Tampa and St.

You'll Be Living in Paradise

This part of the Florida coastline is beautiful. White sand beaches, crystal clear water, and lovely weather make life on Anna Maria Island something special. Just think about it: with the extensive public beaches on the island, you can enjoy the beach any time.