States › Florida › Treasure Island

Is Treasure Island, FL expensive to live in?

OKRent takes 23 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8113% higher than U.S. average
💵 Families earn per year (2026)$93,945about $7,829/month · 8% higher than U.S. average
🔑 House price$621,60087% higher than U.S. average

Rent is higher than in 58% of U.S. cities. A typical house costs about 6.6 years of household income, so buying is hard for most locals. Commutes are long, about 31.8 minutes each way.

How much money do I need?

To rent here comfortably, you should earn about $72,440 a year. That is $35 an hour at a full-time job.

Is rent cheaper than other Florida cities?

Yes. Rent here is cheaper than in most of Florida. It is number 161 of 479 cities from cheapest to most expensive.

Treasure Island
$1,811
$1,984

How much do households earn in Treasure Island?

Under $25k
7.1%
$25k–50k
21.1%
$50k–100k
30.5%
$100k–150k
21.2%
$150k+
16.4%

Share of households by yearly income. 37.6% of households earn $100,000 or more.

Rent by apartment size in Treasure Island

SizeTreasure IslandU.S. average
Studio$918$1,338
1 bedroom$1,676$1,324
2 bedrooms$1,810$1,509
3 bedrooms$3,500+$1,698

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Treasure Island overall?

Everyday prices in Florida overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
122
Goods (food, clothes…)
98
Utilities
90
Other services
101
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Treasure Island, so the Florida figure is shown.

Taxes and bills in Treasure Island

🏛️ Property tax$5,183a year · 0.83% of home value · U.S. $3,119
⚡ Electric bill$167a month (typical) · U.S. $156

Life in Treasure Island

Commute to work31.8 minU.S.: 26.4 min
College degree49.9%U.S.: 35.7%
Own their home74.4%U.S.: 65.2%
Below poverty line6.7%U.S.: 12.5%
Unemployment4.3%U.S.: 5.2%

Is it cheaper to rent or buy in Treasure Island?

Renting is cheaper right now: about $2,502 a month less.

Renting
$1,811
Owning
$4,313

Owning assumes a typical $621,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $62,160 for the down payment.

Frequently asked questions

What is the average rent in Treasure Island, FL?

Renting in Treasure Island costs a median of about $1,811 a month in 2026, including utilities. The Florida median is $1,963.

How much do I need to make to live in Treasure Island?

To keep rent under 30% of income, you need about $72,440 a year, or $35 an hour at a full-time job.

Is Treasure Island cheap or expensive?

Treasure Island is rated OK: rent takes 23.1% of the typical household income of $93,945. It ranks 161st cheapest of 479 Florida cities we track.

How much are property taxes in Treasure Island?

The median homeowner in Treasure Island pays $5,183 a year in property taxes, about 0.83% of the median home value.

Is Treasure Island more expensive than the national average?

Overall prices in Florida are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Treasure Island?

The median home value in Treasure Island is $621,600, about 6.6 times the typical yearly household income.

6,553 people live in Treasure Island. Numbers are typical (middle) values.