Detroit is 50% cheaper than St. Petersburg.
When comparing Detroit, MI and St. Petersburg, FL, the overall cost of living indices are 53 and 106 respectively (national median = 100). Rent is $508/month cheaper in Detroit, saving renters about $6,096/year.
Median household income is $33,543/year higher in St. Petersburg. Home values also differ significantly — the median in Detroit is $76,800 compared to $331,500 in St. Petersburg.
Florida has no state income tax, giving St. Petersburg residents a significant tax advantage over Michigan's 4.25% rate.
Detroit vs St. Petersburg — common questions
Other cost of living comparisons for Detroit and St. Petersburg