CICostIndexUSA

Albany, NY vs St. Petersburg, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableNY
Albany
99.6
overall index
$1,700/mo rent
FL
St. Petersburg
100.9
overall index
$2,025/mo rent

Albany is slightly cheaper than St. Petersburg — 1.3% lower overall cost of living.

To match an $80,000 salary in Albany, you would need $81,000 in St. Petersburg. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+22.6%
Albany
102.6
St. Petersburg
125.8
🛒 Groceries−4.2%
Albany
99.7
St. Petersburg
95.5
🚗 Transportation≈ Equal
Albany
102.6
St. Petersburg
102.4
🏥 Healthcare≈ Equal
Albany
92.9
St. Petersburg
92.7
⚡ Utilities−34.0%
Albany
134
St. Petersburg
88.5

Salary Equivalency Calculator

Enter your current salary in Albany to see what you'd need to earn in St. Petersburg to maintain the same purchasing power.

$
→
Equivalent salary in St. Petersburg, FL
$81,000
$1,000 more needed in St. Petersburg

Formula: salary × (100.9 ÷ 99.6) = salary × 1.0131. Based on BEA Regional Price Parities.

Housing Market

Albany, NY

Median Home Price
$378,000
Median Monthly Rent
$1,700
Housing Index
102.6
Price-to-Rent Ratio
18.5×

St. Petersburg, FL

Median Home Price
$362,000
Median Monthly Rent
$2,025
Housing Index
125.8
Price-to-Rent Ratio
14.9×

St. Petersburg has 22.6% higher housing costs compared to Albany.

Income & Job Market

Albany, NY

Median Household Income
$86,600
Per Capita Income
$49,400
Unemployment Rate
3.5%
Population
98,111
Top Industries
GovernmentHealthcareEducationFinanceTechnology

St. Petersburg, FL

Median Household Income
$78,300
Per Capita Income
$44,600
Unemployment Rate
4.3%
Population
258,308
Top Industries
HealthcareFinanceTourismTechnologyRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Albany, NY
4.2×income-to-rent ratio

76% of income left after rent (median)

St. Petersburg, FL
3.2×income-to-rent ratio

69% of income left after rent (median)

Albany vs other cities

Albany, NY
vs
Buffalo, NY
Index: 99.6Index: 95.8
Albany, NY
vs
New York, NY
Index: 99.6Index: 112.6
Albany, NY
vs
Rochester, NY
Index: 99.6Index: 97
Albany, NY
vs
Lawrence, KS
Index: 99.6Index: 90.2
Albany, NY
vs
Roanoke, VA
Index: 99.6Index: 93.6

St. Petersburg vs other cities

St. Petersburg, FL
vs
Cape Coral, FL
Index: 100.9Index: 102.3
St. Petersburg, FL
vs
Daytona Beach, FL
Index: 100.9Index: 99.4
St. Petersburg, FL
vs
Fort Lauderdale, FL
Index: 100.9Index: 114.2
St. Petersburg, FL
vs
Scottsdale, AZ
Index: 100.9Index: 103.3
St. Petersburg, FL
vs
Lubbock, TX
Index: 100.9Index: 91.3

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.