CICostIndexUSA

New York, NY vs St. Petersburg, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NY
New York
112.6
overall index
$3,625/mo rent
More AffordableFL
St. Petersburg
100.9
overall index
$2,025/mo rent

St. Petersburg is moderately cheaper than New York — 10.4% lower overall cost of living.

To match an $80,000 salary in New York, you would need $71,700 in St. Petersburg. Calculate your salary ↓

Category Breakdown

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

🏠 Housing15.3%
New York
148.6
St. Petersburg
125.8
🛒 Groceries13.4%
New York
110.3
St. Petersburg
95.5
🚗 Transportation7.8%
New York
111.1
St. Petersburg
102.4
🏥 Healthcare7.8%
New York
100.5
St. Petersburg
92.7
Utilities30.3%
New York
127
St. Petersburg
88.5

Salary Equivalency Calculator

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

$
Equivalent salary in St. Petersburg, FL
$71,700
$8,300 less needed in St. Petersburg

Formula: salary × (100.9 ÷ 112.6) = salary × 0.8961. Based on BEA Regional Price Parities.

Housing Market

New York, NY

Median Home Price
$737,000
Median Monthly Rent
$3,625
Housing Index
148.6
Price-to-Rent Ratio
16.9×

St. Petersburg, FL

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

New York has 15.3% lower housing costs compared to St. Petersburg.

Income & Job Market

New York, NY

Median Household Income
$99,900
Per Capita Income
$56,900
Unemployment Rate
5.7%
Population
8,336,817
Top Industries
FinanceTechnologyMediaReal EstateHealthcare

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).

New York, NY
2.3×income-to-rent ratio

56% of income left after rent (median)

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

69% of income left after rent (median)

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.