CostIndexUSA

Providence, RI vs St. Petersburg, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

RI
Providence
101.8
overall index
$2,075/mo rent
More AffordableFL
St. Petersburg
100.9
overall index
$1,975/mo rent

St. Petersburg is slightly cheaper than Providence — 0.9% lower overall cost of living.

To match an $80,000 salary in Providence, you would need $79,300 in St. Petersburg. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+21.1%
Providence
103.9
St. Petersburg
125.8
🛒 Groceries1.6%
Providence
97.1
St. Petersburg
95.5
🚗 Transportation4.7%
Providence
107.4
St. Petersburg
102.4
🏥 Healthcare4.6%
Providence
97.2
St. Petersburg
92.7
Utilities40.5%
Providence
148.8
St. Petersburg
88.5

Salary Equivalency Calculator

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

$
Equivalent salary in St. Petersburg, FL
$79,300
$700 less needed in St. Petersburg

Formula: salary × (100.9 ÷ 101.8) = salary × 0.9912. Based on BEA Regional Price Parities.

Housing Market

Providence, RI

Median Home Price
$501,000
Median Monthly Rent
$2,075
Housing Index
103.9
Price-to-Rent Ratio
20.1×

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 21.1% higher housing costs compared to Providence.

Income & Job Market

Providence, RI

Median Household Income
$83,300
Per Capita Income
$47,500
Unemployment Rate
4.7%
Population
190,934
Top Industries
HealthcareEducationFinanceManufacturingTourism

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).

Providence, RI
3.3×income-to-rent ratio

70% of income left after rent (median)

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

67% of income left after rent (median)

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.