St. Pete Beach cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexSt. Pete BeachFloridaNational
Cost of living index118100100
IndexSt. Pete BeachFloridaNational
Goods & Services index96101100
Groceries index99105100
Health care index9197100
Housing index16495100
Transportation index102105100
Utilities index103102100
A general overview of the cost of living index for St. Pete Beach, FL is displayed above. In St. Pete Beach, FL, the overall cost of living index is 118, which is 18% higher than the Florida average and 18% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of St. Pete Beach, FL, the city's goods and services are 5% lower than the Florida average and 4% lower than the U.S. average.

Did you know?

  • The cost of living in St. Pete Beach is 18% higher than the Florida average.
  • The cost of living in St. Pete Beach is 18% higher than the national average.
  • The cost of housing in St. Pete Beach is 64% higher than the national average.
  • Florida general sales tax is 18% higher than the national average.
  • Florida state income tax is 100% lower than the national average.

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Compare St. Pete Beach, FL Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Groceries index
Health care index
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The salary calculator is used in order to provide a comparison of your current salary in St. Pete Beach, FL to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to St. Pete Beach, FL, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the St. Pete Beach, FL salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$74,390$6,199$1,736$2,232
Renters$44,886$3,741$1,047$1,347
If you want to find a good determining factor for the cost of living and the general affordability of housing in St. Pete Beach, FL, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In St. Pete Beach, FL, the median monthly income is $74,390 for those who own their own homes. Under the standard rule, that income level would allow for $1,736 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $44,886, per the median income in the area. That would allow for renters to spend up to $1,047 on monthly rental expenses.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%
One thing to keep in mind when considering the cost of living in St. Pete Beach, FL is the Florida sales tax and Florida income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Florida sales tax rate is 6% and the maximum surtax that can be charged is 7.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Florida income tax rates range from 0% to 0%.

Goods & Services

ItemSt. Pete BeachNational avg.Difference
Haircut $14.10$14.593.4%
Beauty Salon $32.10$34.687.4%
Toothpaste $2.28$2.477.8%
Shampoo $1.00$1.022.2%
Movie $9.61$9.872.6%
Bowling $5.22$4.3918.9%

Groceries

ItemSt. Pete BeachNational avg.Difference
Ground Beef $4.61$4.483.0%
Fried Chicken $1.51$1.463.1%
Milk $2.70$2.3614.6%
Potatoes $3.47$3.0613.3%
Pizza $8.49$9.248.1%
Beer $8.67$8.630.4%

Health Care

ItemSt. Pete BeachNational avg.Difference
Optometrist $91.30$99.788.5%
Doctor $85.80$105.0318.3%
Dentist $75.44$88.7015.0%
Ibuprofen $9.44$9.410.3%
Lipitor $324.53$298.508.7%

Housing

ItemSt. Pete BeachNational avg.Difference
Home Price $330,500.00$175,700.0088.1%
Avg. Mortgage Payment $774.61$1,081.0328.3%
Apartment Rent $992.00$920.007.8%

Transportation

ItemSt. Pete BeachNational avg.Difference
Gasoline $2.08$2.090.3%
Tire Balancing $48.65$45.297.4%

Utilities

ItemSt. Pete BeachNational avg.Difference
All Electricity$160.88$170.805.8%
Phone $32.47$28.2614.9%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Lealman, FL20,74085-15%
West Lealman, FL15,25786-14%
South Highpoint, FL4,94288-12%
Largo, FL78,39188-12%
Palmetto, FL12,85693-7%
St. Pete Beach, FL9,40811818%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Reedsburg, WI9,41194-6%
Temperance, MI9,40294-6%
Ecorse, MI9,40179-21%
Hampton, NH9,41713131%
Maili, HI9,39915959%
St. Pete Beach, FL9,40811818%
Source: The St. Pete Beach, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.