Is Waterfront (St. Pete) Expensive?

Tampa, United States

+10% vs Tampa avg

Living in Waterfront (St. Pete), Tampa

Waterfront (St. Pete) is a moderately-priced area within Tampa, with a cost of living index of 71.0 — that is +10% compared to the Tampa average. It sits around the middle of the pack at #11 out of 30 neighborhoods. Estimated rent for a one-bedroom apartment here is around $1,870/month, compared to a range of $1,156 in Plant City to $2,346 in Palma Ceia.

Monthly Budget Breakdown

For a typical resident of Waterfront (St. Pete), housing takes up roughly 50% of monthly expenses. Food and groceries account for about 15%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately $74,800 before tax.

Typical Salaries in Waterfront (St. Pete)

Salaries in Waterfront (St. Pete) reflect the local cost of living. Based on the neighborhood COLI of 71.0:

After tax and deductions of 20.4% in United States, take-home pay for someone earning $74,800 would be roughly $59,541/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

71.0
COLI Index
1.10x
vs City Avg
$1,870
Est. 1BR Rent
#11
of 30 Areas
20.4%
Total Deductions

Tax & Deductions in Waterfront (St. Pete)

Estimated annual deductions on a $53,250 salary in Waterfront (St. Pete), Tampa (local employee).

Income Tax
13%
Social Security + Medicare (FICA)
7.6%
Total Deductions: 20.4%
Est. Take-Home: $42,408/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Waterfront (St. Pete) would need to be elsewhere:

City Currency Equivalent
New York USD $53,250
London GBP £45,826
Dubai AED AED 266,452

Other Neighborhoods in Tampa

Neighborhood COLI Multiplier vs Avg
Palma Ceia 89.0 1.38x +38%
Hyde Park 87.1 1.35x +35%
Davis Islands 85.1 1.32x +32%
Harbour Island 83.9 1.30x +30%
Bayshore 82.6 1.28x +28%

View all 30 neighborhoods in Tampa →

Convert Your Salary

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Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Waterfront (St. Pete):

Eira, Helsinki Downtown, Houston Memorial, Houston Washington Park, Denver Sloan Lake, Denver Claremont, Perth

Frequently Asked Questions

Is Waterfront (St. Pete) expensive in Tampa?

Yes, Waterfront (St. Pete) is one of the more expensive neighborhoods in Tampa. It costs about +10% more than the city average, ranking #11 out of 30 neighborhoods.

How does Waterfront (St. Pete) compare to the Tampa average?

The cost of living in Waterfront (St. Pete) is above the Tampa average. With a multiplier of 1.10x, everyday expenses including rent, food, and transportation are +10% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include U.S. Bureau of Labor Statistics · U.S. Census Bureau · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.