CostIndexUSA

Saginaw, MI vs St. Petersburg, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMI
Saginaw
90.9
overall index
$1,000/mo rent
FL
St. Petersburg
100.9
overall index
$1,975/mo rent

Saginaw is moderately cheaper than St. Petersburg — 11.0% lower overall cost of living.

To match an $80,000 salary in Saginaw, you would need $88,800 in St. Petersburg. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+97.8%
Saginaw
63.6
St. Petersburg
125.8
🛒 Groceries+1.9%
Saginaw
93.7
St. Petersburg
95.5
🚗 Transportation2.0%
Saginaw
104.5
St. Petersburg
102.4
🏥 Healthcare2.0%
Saginaw
94.6
St. Petersburg
92.7
Utilities7.6%
Saginaw
95.8
St. Petersburg
88.5

Salary Equivalency Calculator

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

$
Equivalent salary in St. Petersburg, FL
$88,800
$8,800 more needed in St. Petersburg

Formula: salary × (100.9 ÷ 90.9) = salary × 1.1100. Based on BEA Regional Price Parities.

Housing Market

Saginaw, MI

Median Home Price
$160,000
Median Monthly Rent
$1,000
Housing Index
63.6
Price-to-Rent Ratio
13.3×

St. Petersburg, FL

Median Home Price
$352,000
Median Monthly Rent
$1,975
Housing Index
125.8
Price-to-Rent Ratio
14.9×

St. Petersburg has 97.8% higher housing costs compared to Saginaw.

Income & Job Market

Saginaw, MI

Median Household Income
$59,300
Per Capita Income
$33,800
Unemployment Rate
6.2%
Population
44,909
Top Industries
HealthcareManufacturingGovernmentRetailEducation

St. Petersburg, FL

Median Household Income
$72,700
Per Capita Income
$41,400
Unemployment Rate
4.1%
Population
258,308
Top Industries
HealthcareFinanceTourismTechnologyRetail

Affordability at a Glance

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

Saginaw, MI
4.9×income-to-rent ratio

80% of income left after rent (median)

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

67% 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.