Cost of Living: Miami Beach, FL vs St. Petersburg, FL

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in Miami Beach, FL versus $4,516/mo in St. Petersburg, FL. In the model, rent is about 25.25% of gross in Miami Beach, FL versus 22.47% in St. Petersburg, FL, so St. Petersburg, FL tends to feel more affordable for rent.

Take-home in Miami Beach, FL
$4,516/mo
Income level: near
Take-home in St. Petersburg, FL
$4,516/mo
Income level: near
Rent share (1BR) in Miami Beach, FL
25.25%
COLI tier: mid-range
Rent share (1BR) in St. Petersburg, FL
22.47%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Miami Beach, FL and St. Petersburg, FL.

At a glance

  • Cheaper overall (lower cost-of-living index): St. Petersburg, FL
  • Lower rent (median 1BR/2BR): St. Petersburg, FL
  • Lower home prices: St. Petersburg, FL
  • Higher median household income: St. Petersburg, FL

Cost of Living Index

Miami Beach, FL: 100 (U.S. = 100) · St. Petersburg, FL: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Miami Beach, FL: $1,647/mo (midpoint of 1BR/2BR) · St. Petersburg, FL: $1,465/mo

Median rent in Miami Beach, FL is $182/mo higher than in St. Petersburg, FL.

Median Home Price

Miami Beach, FL: $542,000 · St. Petersburg, FL: $331,500

Median home price in Miami Beach, FL is $210,500 higher than in St. Petersburg, FL.

Median Household Income

Miami Beach, FL: $67,014 · St. Petersburg, FL: $73,118

St. Petersburg, FL has a higher median household income than Miami Beach, FL by $6,104.

Miami Beach, FL overview · St. Petersburg, FL overview · Popular comparisons