City comparison
Cost indices by category, with the US city average (100) marked.
Index: 100 = US city average. Lower is more affordable.
Side-by-side costs, salaries, and sub-category indices.
| Metric | Palm Bay | St. Petersburg | Difference |
|---|---|---|---|
| Median rent | $1,345/mo | $1,410/mo | 4.6% lower in A |
| Median home value | $226,200 | $289,000 | 21.7% lower in A |
| Median household income | $62,538 | $70,333 | 11.1% lower in A |
| Groceries index | 97.0 | 96.4 | 0.6% higher in A |
| Utilities index | 90.1 | 90.4 | ≈ equal |
| Transportation index | 99.4 | 98.5 | 0.9% higher in A |
| Healthcare index | 97.6 | 96.7 | 0.9% higher in A |
How much you'd need to earn in the other city to keep the same standard of living.
If you earn $100,000 in Palm Bay, you'd need $104,372 in St. Petersburg to maintain your standard of living.
Climate, safety, and demographics side by side.
Palm Bay, FL is about 4.2% cheaper overall than St. Petersburg, FL, based on our cost-of-living index. Housing costs are roughly 9% lower in Palm Bay than in St. Petersburg. If you earn $80,000 in Palm Bay, you'd need about $83,498 in St. Petersburg to keep the same standard of living.