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Cost of Living in St. Petersburg, FL

Population 262,732 · Census ACS 2020–2024 5-year estimates

Median rent$1,663
Median home value$371,100
Median household income$75,192

The median rent in St. Petersburg, FL is $1,663/month, about the same as the Florida median and 18% higher than the U.S. median. The median home value is $371,100, 12% higher than the national median. Households earn a median of $75,192 a year, about the same as the state median.

Affordability

Rent as a share of median income: 26.5%
Income needed for median rent (30% rule): $66,520/yr
Home price-to-income ratio: 4.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,876/mo

Run your own numbers: mortgage calculator · hourly to salary

St. Petersburg vs. Florida vs. U.S.

St. PetersburgFloridaU.S.
Median rent$1,663$1,669$1,413
Median home value$371,100$359,000$332,700
Median household income$75,192$74,568$80,734
Homeownership rate62.8%67.6%65.2%
Bachelor's degree or higher42.6%34.1%35.7%
Poverty rate12.5%12.6%12.5%
Unemployment rate4.7%4.8%5.2%
Work from home21.1%15.7%15.1%
Median age43.142.638.9

FAQ

What is the average rent in St. Petersburg, FL?

The median gross rent in St. Petersburg, FL is $1,663 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in St. Petersburg, FL?

Using the common 30% rule, renting a median-priced home takes about $66,520 a year in gross income.

Is St. Petersburg, FL expensive to live in?

Rent there is 18% higher than the U.S. median, and the median home costs about 4.9 times the median household income.

Other cities in Florida

Jacksonville, FLRent $1,465 · Income $69,872Miami, FLRent $1,758 · Income $62,462Tampa, FLRent $1,701 · Income $75,475Orlando, FLRent $1,747 · Income $72,336Port St. Lucie, FLRent $1,937 · Income $80,648Hialeah, FLRent $1,689 · Income $55,594

Cities with a similar cost of living

Lynwood, CARent $1,652 · Income $74,844Carolina Forest, SCRent $1,668 · Income $74,436Bremerton, WARent $1,641 · Income $74,940Oak Harbor, WARent $1,645 · Income $76,084Garland, TXRent $1,641 · Income $76,320Newark, DERent $1,654 · Income $76,912

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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