Cost of Living in St. Petersburg, FL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

128.9

100 = national avg

+28.9 vs national average

Living Wage (1 Adult)

$56,730

per year

Living Wage (Family of 4)

$134,088

per year

Cost Index by Category

Housing
164.0
Food
105.9
Transportation
111.8
Healthcare
104.7
Utilities
116.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,696

per month

2 Bedroom

$1,977

per month

The overall cost of living index in St. Petersburg is 128.9, which is 28.9% above the national average. Housing costs are above the national average at an index of 164.0. A single adult needs to earn approximately $56,730 per year to cover basic expenses.