Clearwater, FL vs St. Petersburg, FL

Clearwater, FL and St. Petersburg, FL have a very similar cost of living, with only a 0.5% difference in their overall index. Clearwater scores 109 while St. Petersburg scores 110 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Clearwater is $1,539/month compared to $1,542/month in St. Petersburg — a 0% difference. Home values follow the same pattern: Clearwater is more affordable at $326,100 median vs $331,500.

Median household income in Clearwater is $64,440 compared to $73,118 in St. Petersburg (-11.9%). While St. Petersburg is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clearwater spend roughly 28.7% of their income on rent, more than the 25.3% in St. Petersburg.