Daytona Beach, FL Cost Of Living
Cost Of Living In Daytona Beach, FL Summary
Cost of living in Daytona Beach research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Daytona Beach is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Daytona Beach is 98, with 100 being the average.
The cost of living index in Daytona Beach is 1.0x lower than the national average.
Daytona Beach ranks as the #128 cheapest in Florida out of 459.
Daytona Beach ranks as the #2,372 cheapest out of 6,489 in the US.
The median home value in Daytona Beach is $245,403.
The median income in Daytona Beach is $50,130.
Table Of Contents
Daytona Beach's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Daytona Beach, FL?
According to the most recent data on the cost of living, Daytona Beach has an overall cost of living index of 98, which is 1.0x lower than the national index of 100.
Compared to Florida, Daytona Beach has a cost of living index that's 1.0x lower than Florida's index of 100.
The standard of living in Daytona Beach ranks as #128 most affordable out of the 459 places we measured in Florida. By definition, that implies Daytona Beach ranks as the #331 most expensive place in the Sunshine State.
For more reading on life in Daytona Beach, check out:
In Florida
In America
Daytona Beach Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Daytona Beach. Here is how it fairs on each of the criteria:
The Services index in Daytona Beach is 98.
The Groceries index in Daytona Beach is 101.
The Health index in Daytona Beach is 93.
The Housing index in Daytona Beach is 94.
The Transportation index in Daytona Beach is 103.
The Utilities index in Daytona Beach is 101.
| Living Expense | Daytona Beach | Florida | National Average | |
|---|---|---|---|---|
| Overall | 98 | 100 | 100 | |
| Services | 98 | 96 | 100 | |
| Groceries | 101 | 97 | 100 | |
| Health | 93 | 95 | 100 | |
| Housing | 94 | 96 | 100 | |
| Transportation | 103 | 101 | 100 | |
| Utilities | 101 | 99 | 100 | |
Daytona Beach, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Daytona Beach is $245,403.
The Median Rent in Daytona Beach is $1,239.
The Median Income in Daytona Beach is $50,130.
The Home Value To Income in Daytona Beach is 4.9x.
The Rent To Monthly Income in Daytona Beach is 0.3x.
| Statistic | Daytona Beach | Florida | United States |
|---|---|---|---|
| Median Home Value | $245,403 | $377,066 | $303,400 |
| Median Rent | $1,239 | $1,564 | $1,348 |
| Median Income | $50,130 | $71,711 | $78,538 |
| Home Value To Income | 4.9x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.3x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
Daytona Beach, FL Costs By Category
Detailed Daytona Beach Services Costs Vs. Florida
| Item | Daytona Beach | Florida |
|---|---|---|
| Shampoo | $1.44 | $1.28 |
| Movie | $10.85 | $12.13 |
| Bowling | $15.24 | $18.0 |
| Haircut | $16.22 | $24.26 |
| Beauty Salon | $44.45 | $45.56 |
Detailed Daytona Beach Groceries Costs Vs. Florida
| Item | Daytona Beach | Florida |
|---|---|---|
| Ground Beef | $7.04 | $5.84 |
| Fried Chicken | $1.41 | $1.57 |
| Milk | $4.59 | $4.67 |
| Potatoes | $5.08 | $4.93 |
| Pizza | $11.04 | $12.09 |
| Beer | $10.7 | $10.41 |
| Toothpaste | $3.68 | $3.7 |
Detailed Daytona Beach Health Costs Vs. Florida
| Item | Daytona Beach | Florida |
|---|---|---|
| Optometrist | $89.44 | $125.68 |
| Doctor | $88.17 | $135.78 |
| Dentist | $132.25 | $113.29 |
Detailed Daytona Beach Transportation Costs Vs. Florida
| Item | Daytona Beach | Florida |
|---|---|---|
| Gasoline | $3.52 | $3.46 |
| Tire Balancing | $61.64 | $59.92 |
Detailed Daytona Beach Utilities Costs Vs. Florida
| Item | Daytona Beach | Florida |
|---|---|---|
| All Electricity | $190.45 | $193.99 |
| Phone | $194.79 | $192.25 |
Daytona Beach SnackAbility
/10
Cost Of Living In Cities Around Daytona Beach
The cost of living varies in the cities and towns around Daytona Beach. Here's a quick look at the cost of living in the most populous nearby places:
Port Orange, FL has a cost of living index of 104, 1.1x Daytona Beach.
Ormond Beach, FL has a cost of living index of 102, 1.0x Daytona Beach.
DeLand, FL has a cost of living index of 105, 1.1x Daytona Beach.
| City | Population | Cost Of Living | Vs. Daytona Beach |
|---|---|---|---|
| Port Orange, FL | 63,818 | 104 | 1.1x |
| Ormond Beach, FL | 43,514 | 102 | 1.0x |
| DeLand, FL | 39,832 | 105 | 1.1x |
| New Smyrna Beach, FL | 31,212 | 112 | 1.1x |
| Edgewater, FL | 23,314 | 98 | 1.0x |
| South Daytona, FL | 13,322 | 93 | 0.9x |
| Holly Hill, FL | 13,002 | 92 | 0.9x |
| Ormond-by-the-Sea, FL | 6,962 | 106 | 1.1x |
| Samsula-Spruce Creek, FL | 5,174 | 121 | 1.2x |
| Daytona Beach Shores, FL | 5,139 | 118 | 1.2x |
