Is St. Petersburg, FL cheaper than Miami, FL?

Based on cost of living data, St. Petersburg, FL is 16.3% cheaper than Miami, FL. This translates to saving $1220 per month.

What salary do I need in St. Petersburg, FL to live like I do in Miami, FL?

If you earn $150,000 in Miami, FL, you'd need approximately $135,365.854 in St. Petersburg, FL to maintain the same standard of living.

How does housing cost compare between Miami, FL and St. Petersburg, FL?

Housing in St. Petersburg, FL is 26.8% cheaper than in Miami, FL. For a two-bedroom apartment, rent is $2,040/month in St. Petersburg, FL compared to $2,660/month in Miami, FL.

How much can I save per month by moving from Miami, FL to St. Petersburg, FL?

Moving from Miami, FL to St. Petersburg, FL could save you approximately $1220 per month, or $14634 per year, based on a $150,000 salary.

Miami, FL vs St. Petersburg, FL: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Miami, FL

Numbers update automatically as you type

You'd save $1.2K/month moving to St. Petersburg, FL

$150.0K in your current city equals $135.4K in St. Petersburg, FL

Rent data from HUD ZIP-level estimates · COL index from Miami-Fort Lauderdale-Pompano Beach, FL area

Overall Cost

↓ 16.3%

Less expensive

Monthly Impact

$1,220

Savings

Annual Impact

$14.6K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Miami, FL

Population:442K

Cost Index:

100

100 = national average

Median Home:$510K

St. Petersburg, FL

Population:264K

Cost Index:

(16% below avg)

Median Home:$333K

Miami, FL

The Sunshine State

442K

Population

State Tax

No Income Tax

Climate

Tropical

Notable Facts

•Gateway to Latin America
•Major cruise port
•International business hub

Major Industries

International TradeTourismFinanceReal Estate

St. Petersburg, FL

The Sunshine State

264K

Population

State Tax

No Income Tax

Located in Florida, this city has a population of 264K residents.

💡 Advantage: Florida has no state income tax!

Cost Breakdown by Category

Annual spending: Miami, FL vs St. Petersburg, FL

Category	Miami, FL	St. Petersburg, FL	Difference	Change
Housing	$3,690/mo	$2,703/mo	↓ $988less	26.8%
Other	$2,093/mo	$1,808/mo	↓ $285less	13.6%
Transportation	$1,462/mo	$1,284/mo	↓ $178less	12.1%
Groceries	$1,079/mo	$1,019/mo	↓ $59.96less	5.6%
All Utilities	$519/mo	$574/mo	↑ $54.64more	10.5%
Healthcare	$589/mo	$570/mo	↓ $18.59less	3.2%

Housing

↓ 26.8%

Miami, FL

$3,690

St. Petersburg, FL

$2,703

Difference

$988

less

Other

↓ 13.6%

Miami, FL

$2,093

St. Petersburg, FL

$1,808

Difference

$285

less

Transportation

↓ 12.1%

Miami, FL

$1,462

St. Petersburg, FL

$1,284

Difference

$178

less

Groceries

↓ 5.6%

Miami, FL

$1,079

St. Petersburg, FL

$1,019

Difference

$59.96

less

All Utilities

↑ 10.5%

Miami, FL

$519

St. Petersburg, FL

$574

Difference

$54.64

Healthcare

↓ 3.2%

Miami, FL

$589

St. Petersburg, FL

$570

Difference

$18.59

less

🏠Rent Comparison

Studio

From$1,995

To$1,640

↓ $355

1 Bed

From$2,180

To$1,750

↓ $430

2 Bed

From$2,660

To$2,040

↓ $620

3 Bed

From$3,415

To$2,610

↓ $805

Miami, FLZIP-level data

1BR range: $1,550–$2,990/mo

St. Petersburg, FLZIP-level data

1BR range: $1,420–$2,500/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$9,431

Monthly in Miami, FL

$7,958

Monthly in St. Petersburg, FL

$1,474

Difference

Home Values

Miami

St. Petersburg

$510K

Median Value

$333K

↓ -3.6%

YoY Change

↓ -7.3%

↑ +49.4%

5-Year Change

↑ +29%

$278K - $1.53M

Price Range

$162K - $712K

Homes in St. Petersburg are 35% less expensive than Miami

Calculate payment - Miami Calculate payment - St. Petersburg

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

→ $0

Same taxes

Monthly Difference

Same take-home

Effective Rate Diff

0.0%

Rate difference

Miami, FL

Federal Income Tax

Effective: 18.9%

$25.5K

Florida State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

St. Petersburg, FL

Federal Income Tax

Effective: 18.9%

$25.5K

Florida State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Additional Tax Information

Miami, FL Tax Rates

Sales Tax:7.2%

Property Tax:0.8%

St. Petersburg, FL Tax Rates

Sales Tax:7.2%

Property Tax:0.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.