St. Petersburg, Florida is a city located on the central West Coast of Florida in the Tampa Bay area. It is known for its beautiful beaches, vibrant art scene, and great restaurants. But what about the cost of living in St. Petersburg? Is it an affordable city to live in?
The cost of living in St. Petersburg is relatively low compared to other cities in the Tampa Bay area. The average cost of a one-bedroom apartment in St. Petersburg is $1,118 a month, which is significantly lower than the median rental price for other cities in the area, such as Tampa and Clearwater. The median home price in St. Petersburg is also relatively low compared to its neighbors, at $232,900. Utility costs in St. Petersburg are also lower than the national average, making it an affordable place to live.
The median household income in St. Petersburg is lower than the national average, at $44,985, but the city has a variety of employment opportunities. The city’s largest employers include Bayfront Health St. Petersburg, Raymond James Financial, and Johns Hopkins All Children’s Hospital. St. Petersburg also has a variety of industries, from manufacturing to healthcare, making it an attractive place to find work.
St. Petersburg is a great place to live if you’re looking for an affordable city with plenty of job opportunities. The cost of living is lower than the national average, and the city has a variety of industries that are attractive to those looking for work. Whether you’re looking for an apartment or a house, St. Petersburg is a great place to call home.
The Cost Of Living In St. Petersburg, Florida
If you’re looking for somewhere to live that offers an affordable cost of living, St. Petersburg, Florida is an excellent option. Located in Pinellas County on the Tampa Bay, St. Petersburg is one of the largest cities in the Sunshine State, and it has a lot to offer its residents. The city is home to plenty of entertainment options, cultural activities, and outdoor activities. Plus, St. Petersburg has a surprisingly low cost of living, making it a great place to call home.
When it comes to housing, St. Petersburg is a great option for those looking to save money. The median home value in the city is around $231,000, which is significantly lower than the national average of $263,000. On the other hand, rent prices can vary depending on the area, but the median rent price is around $1,299, which is slightly lower than the national average of $1,644.
The median household income in St. Petersburg is around $48,000 per year, which is slightly lower than the U.S. average of $61,000. The unemployment rate in the city is only 3.5% as of May 2021, which is lower than the U.S. average of 5.8%. The cost of living in St. Petersburg is 3.5% lower than the national average, making it an affordable place to call home.
If you’re looking for an affordable place to live in Florida, St. Petersburg is an excellent option. The city offers plenty of entertainment options, cultural activities, and outdoor activities, and it has a surprisingly low cost of living. Here’s the breakdown of the cost of living in St. Petersburg:
| Expense | St. Petersburg | National Average |
|---|---|---|
| Housing | $231,000 | $263,000 |
| Rent | $1,299 | $1,644 |
| Median Income | $48,000 | $61,000 |
| Unemployment Rate | 3.5% | 5.8% |
| Cost of Living | 3.5% Lower | National Average |
If you’re looking for a place to call home that offers a low cost of living, St. Petersburg is a great option. The city has plenty to offer its residents, and it has a surprisingly low cost of living. Whether you’re a first-time homebuyer, a renter, or just looking for a place to call home, St. Petersburg is a great choice.
Cheap Places To Live In St. Petersburg, Florida
Are you looking for cheap places to live in St. Petersburg, Florida? The city of St. Petersburg is known for its sunny weather, beautiful beaches, and unique culture. With its low cost of living, St. Petersburg is an ideal place to live for those on a budget. Here are some of the most affordable places to live in the city.
One of the cheapest places to live in St. Petersburg is the Central Oak Park neighborhood, which is close to downtown St. Petersburg and the beaches. The median home value in this neighborhood is $130,500, making it one of the most affordable neighborhoods in the city. There are also plenty of amenities in the area, including schools, grocery stores, and parks.
Another great option for budget-minded home buyers is the Bartlett Park neighborhood. This neighborhood is located near downtown St. Petersburg and has a median home value of $133,000. The neighborhood is mainly residential, but there are plenty of amenities nearby, including restaurants, shops, and parks.
The Coquina Key neighborhood is another great option for people looking for affordable housing in St. Petersburg. This neighborhood is near the beach and has a median home value of $169,000. The neighborhood is mainly residential, but there are plenty of amenities nearby, including grocery stores, restaurants, and parks.
The Long Bayou neighborhood is a great option for those looking for a budget-friendly place to live. This neighborhood is located near the beaches and downtown St. Petersburg and has a median home value of $172,000. There are plenty of amenities in the area, including schools, grocery stores, and parks.
If you’re looking for a more affordable option, consider the Crescent Heights neighborhood. This neighborhood is located near downtown St. Petersburg and has a median home value of just $86,000. The neighborhood is mainly residential, but there are plenty of amenities nearby, including schools, grocery stores, and parks.
The following table outlines the prices of different types of homes in St. Petersburg, Florida, including single family homes, condos, and townhomes.
| Type of Home | Price |
|---|---|
| Single Family Home | $130,500 |
| Condo | $169,000 |
| Townhome | $172,000 |
Overall, St. Petersburg is a great city for budget-minded home buyers. With its low cost of living and abundance of amenities, it is the perfect place to find an affordable place to call home. Whether you’re looking for a single family home, a condo, or a townhome, St. Petersburg has something for everyone.
Yes, St. Petersburg is generally considered one of the least expensive cities in Florida to live in.
According to Zillow, the median home cost is currently $277,872.
The average monthly rent in St. Petersburg is estimated to be around $1,200.
The cost of living in St. Petersburg is estimated to be 8.5% lower than the average in Florida.
Residents of St. Petersburg may be eligible for discounts on utilities, taxes, insurance and more.
St. Petersburg offers a variety of job opportunities in the retail, hospitality, healthcare, and technology industries.
The average salary in St. Petersburg is estimated to be around $45,000 per year.
The average commute time in St. Petersburg is estimated to be 25 minutes.
The crime rate in St. Petersburg is generally considered to be below the average for most cities in Florida.
Yes, St. Petersburg has a wide variety of cultural attractions, such as museums, art galleries, and theaters.