Cost of Living in St. Petersburg, Florida

St. Petersburg has a population of about 262,732. The median household income is $75,192, median gross rent is $1,663/month, and the median home value is $371,100. Below is how St. Petersburg compares to the US.

Median Gross Rent $1,663/mo about the national median

Median Home Value $371,100 about the national median

Median Household Income $75,192 10% below the national median

Population 262,732

Is St. Petersburg expensive to live in?

Compared with the national median, rent in St. Petersburg is about the national median and home values are about the national median. Household income here is 10% below the national median. Monthly rent represents roughly 27% of the median annual household income, a rough affordability signal for renters.

Frequently asked questions

What is the average rent in St. Petersburg?

The median gross rent in St. Petersburg, Florida is $1,663 per month (US Census ACS).

What is the median home price in St. Petersburg?

The median home value in St. Petersburg is $371,100.

How much do people earn in St. Petersburg?

The median household income in St. Petersburg is $75,192 per year.

Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.