CICostIndexUSA

Santa Cruz, CA vs St. Petersburg, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

CA
Santa Cruz
109.9
overall index
$3,600/mo rent
More AffordableFL
St. Petersburg
100.9
overall index
$2,025/mo rent

St. Petersburg is moderately cheaper than Santa Cruz — 8.2% lower overall cost of living.

To match an $80,000 salary in Santa Cruz, you would need $73,400 in St. Petersburg. Calculate your salary ↓

Category Breakdown

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

🏠 Housing23.4%
Santa Cruz
164.3
St. Petersburg
125.8
🛒 Groceries9.2%
Santa Cruz
105.2
St. Petersburg
95.5
🚗 Transportation2.8%
Santa Cruz
105.3
St. Petersburg
102.4
🏥 Healthcare2.7%
Santa Cruz
95.3
St. Petersburg
92.7
Utilities42.0%
Santa Cruz
152.7
St. Petersburg
88.5

Salary Equivalency Calculator

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

$
Equivalent salary in St. Petersburg, FL
$73,400
$6,600 less needed in St. Petersburg

Formula: salary × (100.9 ÷ 109.9) = salary × 0.9181. Based on BEA Regional Price Parities.

Housing Market

Santa Cruz, CA

Median Home Price
$1,162,000
Median Monthly Rent
$3,600
Housing Index
164.3
Price-to-Rent Ratio
26.9×

St. Petersburg, FL

Median Home Price
$361,000
Median Monthly Rent
$2,025
Housing Index
125.8
Price-to-Rent Ratio
14.9×

Santa Cruz has 23.4% lower housing costs compared to St. Petersburg.

Income & Job Market

Santa Cruz, CA

Median Household Income
$107,900
Per Capita Income
$61,500
Unemployment Rate
5.5%
Population
64,725
Top Industries
EducationTechnologyTourismAgricultureHealthcare

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).

Santa Cruz, CA
2.5×income-to-rent ratio

60% 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.