Cost of Living: St. Petersburg, FL vs Elizabeth, NJ (2026)

St. Petersburg

Florida
106
VS

Elizabeth

New Jersey
112

St. Petersburg is 5% cheaper than Elizabeth.

$1,542/mo ↑ 5%
Median Rent
$1,463/mo ↓ 5%
$73,118/yr ↑ 14%
Median Income
$63,874/yr ↓ 13%
$331,500 ↓ 16%
Home Value
$393,500 ↑ 19%
$1,435/mo ↓ 7%
Owner Costs
$1,543/mo ↑ 8%
260,646
Population
135,887

Tax Comparison

0%
Income Tax
10.75%
6.0%
State Sales Tax
6.625%
0.86%
Property Tax
2.23%

Affordability

25.3%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing St. Petersburg, FL and Elizabeth, NJ, the overall cost of living indices are 106 and 112 respectively (national median = 100). Rent is $79/month cheaper in Elizabeth, saving renters about $948/year.

Median household income is $9,244/year higher in St. Petersburg. Home values also differ significantly — the median in St. Petersburg is $331,500 compared to $393,500 in Elizabeth.

Florida has no state income tax, giving St. Petersburg residents a significant tax advantage over New Jersey's 10.75% rate.

Frequently Asked Questions

St. Petersburg vs Elizabeth — common questions

Is St. Petersburg or Elizabeth cheaper to live in?
Based on our cost index, St. Petersburg is cheaper to live in with an index of 106 compared to 112 (US average = 100).
What is the rent difference between St. Petersburg and Elizabeth?
Median rent in St. Petersburg is $1,542/month and in Elizabeth it's $1,463/month — a difference of $79/month.
Which city has higher income, St. Petersburg or Elizabeth?
Median household income is $73,118 in St. Petersburg and $63,874 in Elizabeth. Median household income is $9,244/year higher in St. Petersburg.
How do taxes compare between Florida and New Jersey?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.
Should I move to St. Petersburg or Elizabeth?
It depends on your priorities. St. Petersburg has a cost index of 106 with median rent of $1,542/mo, while Elizabeth has a cost index of 112 with rent of $1,463/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View St. Petersburg details → View Elizabeth details →

More Comparisons

Other cost of living comparisons for St. Petersburg and Elizabeth

St. Petersburg vs. Lubbock St. Petersburg vs. Laredo St. Petersburg vs. Fort Wayne St. Petersburg vs. Irving St. Petersburg vs. Toledo St. Petersburg vs. Chesapeake Elizabeth vs. Victorville Elizabeth vs. Stamford Elizabeth vs. Miramar Elizabeth vs. Kent Elizabeth vs. Pasadena Elizabeth vs. Midland