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

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,516/mo in St. Petersburg, FL versus $4,516/mo in Miami, FL. In the model, rent is about 22.47% of gross in St. Petersburg, FL versus 24.14% in Miami, FL, so St. Petersburg, FL tends to feel more affordable for rent.

Take-home in St. Petersburg, FL
$4,516/mo
Income level: near
Take-home in Miami, FL
$4,516/mo
Income level: above
Rent share (1BR) in St. Petersburg, FL
22.47%
COLI tier: mid-range
Rent share (1BR) in Miami, FL
24.14%
COLI tier: higher-cost

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

St. Petersburg, FL: 100 (U.S. = 100) · Miami, FL: 118.4 (U.S. = 100)

St. Petersburg, FL has a lower cost-of-living index than Miami, FL, so a given salary generally stretches further there.

Median Rent

St. Petersburg, FL: $1,465/mo (midpoint of 1BR/2BR) · Miami, FL: $1,574/mo

Median rent in Miami, FL is $109/mo higher than in St. Petersburg, FL.

Median Home Price

St. Petersburg, FL: $331,500 · Miami, FL: $475,200

Median home price in Miami, FL is $143,700 higher than in St. Petersburg, FL.

Median Household Income

St. Petersburg, FL: $73,118 · Miami, FL: $59,390

St. Petersburg, FL has a higher median household income than Miami, FL by $13,728.

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