CostIndexUSA

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

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIL
Peoria
91.2
overall index
$1,175/mo rent
FL
St. Petersburg
100.9
overall index
$1,975/mo rent

Peoria is moderately cheaper than St. Petersburg — 10.6% lower overall cost of living.

To match an $80,000 salary in Peoria, you would need $88,500 in St. Petersburg. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+97.2%
Peoria
63.8
St. Petersburg
125.8
🛒 Groceries+2.0%
Peoria
93.6
St. Petersburg
95.5
🚗 Transportation−2.1%
Peoria
104.6
St. Petersburg
102.4
🏥 Healthcare−2.0%
Peoria
94.6
St. Petersburg
92.7
⚡ Utilities−2.2%
Peoria
90.5
St. Petersburg
88.5

Salary Equivalency Calculator

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

$
→
Equivalent salary in St. Petersburg, FL
$88,500
$8,500 more needed in St. Petersburg

Formula: salary × (100.9 ÷ 91.2) = salary × 1.1064. Based on BEA Regional Price Parities.

Housing Market

Peoria, IL

Median Home Price
$161,000
Median Monthly Rent
$1,175
Housing Index
63.8
Price-to-Rent Ratio
11.4×

St. Petersburg, FL

Median Home Price
$352,000
Median Monthly Rent
$1,975
Housing Index
125.8
Price-to-Rent Ratio
14.9×

St. Petersburg has 97.2% higher housing costs compared to Peoria.

Income & Job Market

Peoria, IL

Median Household Income
$68,500
Per Capita Income
$39,000
Unemployment Rate
5.1%
Population
113,150
Top Industries
ManufacturingHealthcareFinanceGovernmentEducation

St. Petersburg, FL

Median Household Income
$72,700
Per Capita Income
$41,400
Unemployment Rate
4.1%
Population
258,308
Top Industries
HealthcareFinanceTourismTechnologyRetail

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Peoria, IL
4.9×income-to-rent ratio

79% of income left after rent (median)

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

67% of income left after rent (median)

Peoria vs other cities

Peoria, IL
vs
Aurora, IL
Index: 91.2Index: 103.6
Peoria, IL
vs
Bloomington, IL
Index: 91.2Index: 93.5
Peoria, IL
vs
Champaign, IL
Index: 91.2Index: 92.7
Peoria, IL
vs
Lansing, MI
Index: 91.2Index: 95
Peoria, IL
vs
Waterbury, CT
Index: 91.2Index: 99.8

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.