Cape Coral, FL vs. St. Petersburg, FL
Median rent is $1,751 a month in Cape Coral, FL and $1,542 in St. Petersburg, FL. Household income is $76,062 against $73,118. Both cities are read from the same ACS 2019-2023 5-Year Estimates and the same BEA Regional Price Parities 2023, so the two columns below are directly comparable.
A green or red badge means the second city is higher or lower, not better or worse: a lower rent is good for a tenant, a lower household income is not. For the price level and
the share of income the raw values are shown, because a percentage difference between two
percentages is easy to misread.
What the gap means
Occupation wages in both metros
May 2025 U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS). Metropolitan areas may differ from city boundaries.
| Occupation | Cape Coral, FL median | St. Petersburg, FL median | vs. |
|---|---|---|---|
| Retail Salespersons | $34,650 | $33,790 | -2.5% |
| Registered Nurses | $82,860 | $85,470 | +3.1% |
| General and Operations Managers | $94,730 | $103,670 | +9.4% |
| Fast Food and Counter Workers | $29,360 | $29,260 | -0.3% |
| Customer Service Representatives | $38,180 | $42,660 | +11.7% |
| Waiters and Waitresses | $36,660 | $37,070 | +1.1% |
| Janitors and Cleaners, Except Maids and Housekeeping Cleaners | $35,390 | $34,800 | -1.7% |
| Heavy and Tractor-Trailer Truck Drivers | $48,950 | $50,560 | +3.3% |
Metropolitan areas and cover every industry together, so the two columns may describe wider areas than the city limits used for rent and income.
Cape Coral, FL vs St. Petersburg, FL: frequently asked questions
Is St. Petersburg, FL more expensive than Cape Coral, FL?
Yes. Prices in St. Petersburg, FL are about 0.9% higher than in Cape Coral, FL: a regional price level of 103.5 against 102.6, where the U.S. average is 100.
How much do I need to earn in St. Petersburg, FL to keep a $100,000 lifestyle from Cape Coral, FL?
About $100,900. Adjusting $100,000 by the BEA regional price levels of the two areas (102.6 in Cape Coral, FL, 103.5 in St. Petersburg, FL) gives the salary with the same purchasing power. Taxes and personal spending habits are not included.
Is rent cheaper in Cape Coral, FL or St. Petersburg, FL?
The median gross rent is $1,751 a month in Cape Coral, FL and $1,542 in St. Petersburg, FL, a difference of $209 a month or $2,508 a year.
Where are household incomes higher, Cape Coral, FL or St. Petersburg, FL?
The median household income is $76,062 in Cape Coral, FL and $73,118 in St. Petersburg, FL. Rent takes 27.6% of the median income in Cape Coral, FL and 25.3% in St. Petersburg, FL.
What salary do I need to afford the median rent in St. Petersburg, FL?
About $61,700 a year, the gross income that keeps the median rent of $1,542 a month at 30% of income. The same rule gives $70,000 in Cape Coral, FL.
More comparisons with Cape Coral, FL
More comparisons with St. Petersburg, FL
Definitions used on this page
- Salary needed for the median rent
- Twelve months of median gross rent divided by 0.30: the income that keeps the median rent at 30% of gross pay.
- Price level
- BEA regional price parity for the metro area where one is published, otherwise for the state. The national average is 100.
- Same standard of living
- A salary in Cape Coral, FL converted into St. Petersburg, FL at the ratio of the two price levels. It adjusts for prices only, not for taxes or for what either city offers.
- Buying power
- One hundred divided by the price level: what a dollar buys locally relative to the national average.
Sources
- Census Bureau — ACS 2019-2023 5-Year Estimates
- Census Bureau — ACS 2019-2023 5-Year Estimates
- BEA — BEA Regional Price Parities 2023
Margins of error are published for every Census figure. Read the methodology before reading a small gap between two cities as a real difference.
Full detail for each city: Cape Coral, FL · St. Petersburg, FL