Sunset, FL

Very High · 150

Florida · Population 13,652 · Updated March 2026

$1,894
Median Rent / Month
$99,764
Median Income
$537,500
Median Home Value
$2,070
Owner Costs / Month

Affordability

How far your income goes in Sunset

22.8%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Florida

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.0%
Sales Tax
0.86%
Property Tax Rate

Estimated Annual Costs

$22,728
Annual Rent
$0
State Income Tax
$4,622
Property Tax (est.)

Cost of Living Overview

Sunset has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 150 (where 100 equals the national median), Sunset residents can expect to pay median rent of $1,894/month while earning a median household income of $99,764/year.

The median home value in Sunset, FL is $537,500, with typical monthly owner costs around $2,070 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.8% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Florida has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.0% sales tax rate and 0.86% effective property tax rate, the overall tax environment helps keep costs manageable in Sunset.

Frequently Asked Questions

Common questions about living costs in Sunset

What is the cost of living in Sunset, FL?
The cost of living index in Sunset, FL is 150 (US average = 100). Median monthly rent is $1,894, median household income is $99,764/year, and the median home value is $537,500.
Is Sunset, FL affordable?
No, Sunset is more expensive than the national average with a cost index of 150. The rent-to-income ratio is 22.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Sunset, FL?
The median gross rent in Sunset, FL is $1,894 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $22,728.
What is the median household income in Sunset?
The median household income in Sunset, FL is $99,764 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Florida?
Florida has a top income tax rate of 0%, a sales tax of 6.0%, and an effective property tax rate of 0.86%. Notably, there is no state income tax.