CICostIndexUSA

Springfield, IL vs St. Petersburg, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIL
Springfield
92.7
overall index
$1,200/mo rent
FL
St. Petersburg
100.9
overall index
$2,025/mo rent

Springfield is moderately cheaper than St. Petersburg — 8.8% lower overall cost of living.

To match an $80,000 salary in Springfield, you would need $87,100 in St. Petersburg. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+75.7%
Springfield
71.6
St. Petersburg
125.8
🛒 Groceries+2.0%
Springfield
93.6
St. Petersburg
95.5
🚗 Transportation−2.1%
Springfield
104.6
St. Petersburg
102.4
🏥 Healthcare−2.0%
Springfield
94.6
St. Petersburg
92.7
⚡ Utilities−2.1%
Springfield
90.4
St. Petersburg
88.5

Salary Equivalency Calculator

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

$
→
Equivalent salary in St. Petersburg, FL
$87,100
$7,100 more needed in St. Petersburg

Formula: salary × (100.9 ÷ 92.7) = salary × 1.0885. Based on BEA Regional Price Parities.

Housing Market

Springfield, IL

Median Home Price
$202,000
Median Monthly Rent
$1,200
Housing Index
71.6
Price-to-Rent Ratio
14.0×

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 75.7% higher housing costs compared to Springfield.

Income & Job Market

Springfield, IL

Median Household Income
$80,200
Per Capita Income
$45,700
Unemployment Rate
3.5%
Population
114,230
Top Industries
GovernmentHealthcareEducationFinanceRetail

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).

Springfield, IL
5.6×income-to-rent ratio

82% of income left after rent (median)

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

69% of income left after rent (median)

Springfield vs other cities

Springfield, IL
vs
Aurora, IL
Index: 92.7Index: 103.6
Springfield, IL
vs
Bloomington, IL
Index: 92.7Index: 93.5
Springfield, IL
vs
Champaign, IL
Index: 92.7Index: 92.7
Springfield, IL
vs
Waterbury, CT
Index: 92.7Index: 99.8
Springfield, IL
vs
Wilmington, NC
Index: 92.7Index: 96.4

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.