Cost of living in St. Petersburg research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means St. Petersburg is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in St. Petersburg is 95, with 100 being the average.
The cost of living index in St. Petersburg is 0.9x lower than the national average.
St. Petersburg ranks as the #164 cheapest in Florida out of 459.
St. Petersburg ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in St. Petersburg is $242,100.
The median income in St. Petersburg is $64,375.
According to the most recent data on the cost of living, St. Petersburg has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Florida, St. Petersburg has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in St. Petersburg ranks as #164 most affordable out of the 459 places we measured in Florida. By definition, that implies St. Petersburg ranks as the #295 most expensive place in the Sunshine State.
For more reading on life in St. Petersburg, check out:
Six factors go into calculating the cost of living index in St. Petersburg. Here is how it fairs on each of the criteria:
The Services index in St. Petersburg is 100.
The Groceries index in St. Petersburg is 103.
The Health index in St. Petersburg is 98.
The Housing index in St. Petersburg is 90.
The Transportation index in St. Petersburg is 102.
The Utilities index in St. Petersburg is 102.
Living Expense | St. Petersburg | Florida | National Average | |
---|---|---|---|---|
Overall | 95 | 101 | 100 | |
Services | 100 | 98 | 100 | |
Groceries | 103 | 101 | 100 | |
Health | 98 | 96 | 100 | |
Housing | 90 | 108 | 100 | |
Transportation | 102 | 98 | 100 | |
Utilities | 102 | 100 | 100 |
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 2017-2021. The key points are:
The Median Home Value in St. Petersburg is $242,100.
The Median Rent in St. Petersburg is $1,251.
The Median Income in St. Petersburg is $64,375.
The Home Value To Income in St. Petersburg is 3.8x.
The Rent To Monthly Income in St. Petersburg is 0.23x.
Statistic | St. Petersburg | Florida | United States |
---|---|---|---|
Median Home Value | $242,100 | $248,700 | $244,900 |
Median Rent | $1,251 | $1,301 | $1,163 |
Median Income | $64,375 | $61,777 | $69,021 |
Home Value To Income | 3.8x | 4.0x | 3.5x |
Rent To Monthly Income | 0.23x | 0.25x | 0.2x |
Item | St. Petersburg | Florida |
---|---|---|
Shampoo | $1.04 | $1.06 |
Movie | $12.72 | $10.68 |
Bowling | $16.33 | $14.67 |
Haircut | $15.08 | $18.62 |
Beauty Salon | $37.26 | $39.05 |
Item | St. Petersburg | Florida |
---|---|---|
Ground Beef | $5.29 | $4.22 |
Fried Chicken | $1.74 | $1.39 |
Milk | $2.66 | $2.05 |
Potatoes | $3.51 | $3.29 |
Pizza | $10.25 | $10.62 |
Beer | $10.69 | $9.38 |
Toothpaste | $2.82 | $2.34 |
Item | St. Petersburg | Florida |
---|---|---|
Optometrist | $99.12 | $108.57 |
Doctor | $99.22 | $116.17 |
Dentist | $105.57 | $99.13 |
Item | St. Petersburg | Florida |
---|---|---|
Gasoline | $2.11 | $2.22 |
Tire Balancing | $55.26 | $50.07 |
Item | St. Petersburg | Florida |
---|---|---|
All Electricity | $165.98 | $167.67 |
Phone | $189.52 | $175.64 |
The cost of living varies in the cities and towns around St. Petersburg. Here's a quick look at the cost of living in the most populous nearby places:
Town 'n' Country, FL has a cost of living index of 94, 1.0x St. Petersburg.
Largo, FL has a cost of living index of 91, 1.0x St. Petersburg.
Bradenton, FL has a cost of living index of 95, 1.0x St. Petersburg.
City | Population | Cost Of Living | Vs. St. Petersburg |
---|---|---|---|
Town 'n' Country, FL | 89,679 | 94 | 1.0x |
Largo, FL | 82,505 | 91 | 1.0x |
Bradenton, FL | 54,918 | 95 | 1.0x |
Pinellas Park, FL | 53,130 | 93 | 1.0x |
Egypt Lake-Leto, FL | 36,157 | 94 | 1.0x |
Lealman, FL | 21,213 | 84 | 0.9x |
Seminole, FL | 19,224 | 99 | 1.0x |
Safety Harbor, FL | 17,093 | 104 | 1.1x |
Oldsmar, FL | 14,800 | 100 | 1.1x |
West Lealman, FL | 13,847 | 88 | 0.9x |