Cost of Living in St. Petersburg, FL

Population 260,646 · Florida · Data vintage 2023

112
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

St. Petersburg lands reasonably close to national benchmarks on most cost indicators, with a median home value of $332,000 — 9% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Florida.

Cost Overview

Housing 109
Rent 117

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in St. Petersburg

The median home value in St. Petersburg is $331,500 — 9% above the national median of $305,000. Median rent runs $1,542/month, 17% higher than the national median of $1,314/month. The median household income of $73,118/year is 2% lower than the US median of $74,580. The local unemployment rate is 4.9%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 81.0°F and lows of 68.4°F. Overall, St. Petersburg has a cost of living index of 112 versus the US average of 100, meaning it is 12% more expensive.

🏠 Housing

Median Home Value
$331,500
9% above avg
Zillow Home Value
$345,243
Zillow ZHVI
Median Rent
$1,542/mo
17% above avg
Zillow Rent
$2,047/mo
Zillow ZORI
Price-to-Rent Ratio
17.9x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 63.0%
Renter-occupied 37.0%

💰 Estimated Monthly Budget

Rent median rent
$1,542
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,156/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
27.0 min
0% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.3%

Commute Mode

Drove alone
67.4%
Carpooled
7.9%
Public transit
1.7%
Walked
1.9%
Bicycle
1.0%
Work from home
18.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$73,118
2% below avg
Per Capita Income
$49,823
Unemployment Rate
4.9%
3% above avg
Poverty Rate
11.7%
Labor Force Participation
64.6%

🎓 Education

Bachelor's degree+ 26.1%
Graduate degree 15.2%

👥 Demographics

Median Age 43.1
Male median age 42.7
Female median age 43.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
81.0°F
Avg Low
68.4°F
Annual Precip
46.6"
50° 60° 70° 80° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 697276818689909088837772
Low °F 555862677377787877726559
Precip" 2.522.022.581.932.266.797.498.396.662.161.462.39

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
59.5%
Good air days/yr
113
Max AQI recorded
237
PM2.5 days
125
Ozone days

Frequently Asked Questions

What is the cost of living in St. Petersburg, FL?

St. Petersburg has a cost index of 112 (100 = national average). It is 12% above the national average.

What is average rent in St. Petersburg, FL?

The median gross rent in St. Petersburg is $1,542 per month based on 2023 Census data.

What is the average home price in St. Petersburg?

The median home value in St. Petersburg is $331,500 according to Zillow and Census data.

What is the median income in St. Petersburg?

The median household income in St. Petersburg is $73,118 per year (2023 ACS 5-year estimates).

What is the sales tax in St. Petersburg, FL?

The combined state and local sales tax rate in St. Petersburg is 7.0%. Florida has no state income tax.

Is St. Petersburg, FL affordable?

St. Petersburg is above average in cost of living, with an index of 112 — about 12% higher than the national average.

What is the weather like in St. Petersburg?

St. Petersburg has average high temperatures of 81.0°F and average lows of 68.4°F. Annual precipitation is 46.6". Data from NOAA 1991–2020 Climate Normals.

St. Petersburg at a Glance

Population
260,646
Median Income
$73,118
Home Value
$331,500
Median Rent
$1,542/mo
Unemployment
4.9%
Avg High Temp
81.0°F
Sales Tax
7.0%
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Explore county-level cost of living data

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