New Smyrna Beach, FL Cost Of Living
Cost Of Living In New Smyrna Beach, FL Summary
Cost of living in New Smyrna 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 New Smyrna 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 New Smyrna Beach is 112, with 100 being the average.
The cost of living index in New Smyrna Beach is 1.1x higher than the national average.
New Smyrna Beach ranks as the #300 cheapest in Florida out of 459.
New Smyrna Beach ranks as the #3,863 cheapest out of 6,489 in the US.
The median home value in New Smyrna Beach is $449,336.
The median income in New Smyrna Beach is $78,373.
Table Of Contents
New Smyrna Beach's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in New Smyrna Beach, FL?
According to the most recent data on the cost of living, New Smyrna Beach has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Florida, New Smyrna Beach has a cost of living index that's 1.2x higher than Florida's index of 97.
The standard of living in New Smyrna Beach ranks as #300 most affordable out of the 459 places we measured in Florida. By definition, that implies New Smyrna Beach ranks as the #159 most expensive place in the Sunshine State.
For more reading on life in New Smyrna Beach, check out:
In Florida
In America
New Smyrna Beach Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in New Smyrna Beach. Here is how it fairs on each of the criteria:
The Services index in New Smyrna Beach is 98.
The Groceries index in New Smyrna Beach is 97.
The Health index in New Smyrna Beach is 92.
The Housing index in New Smyrna Beach is 144.
The Transportation index in New Smyrna Beach is 102.
The Utilities index in New Smyrna Beach is 102.
| Living Expense | New Smyrna Beach | Florida | National Average | |
|---|---|---|---|---|
| Overall | 112 | 97 | 100 | |
| Services | 98 | 96 | 100 | |
| Groceries | 97 | 99 | 100 | |
| Health | 92 | 98 | 100 | |
| Housing | 144 | 96 | 100 | |
| Transportation | 102 | 97 | 100 | |
| Utilities | 102 | 95 | 100 | |
New Smyrna 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 New Smyrna Beach is $449,336.
The Median Rent in New Smyrna Beach is $1,638.
The Median Income in New Smyrna Beach is $78,373.
The Home Value To Income in New Smyrna Beach is 5.7x.
The Rent To Monthly Income in New Smyrna Beach is 0.25x.
| Statistic | New Smyrna Beach | Florida | United States |
|---|---|---|---|
| Median Home Value | $449,336 | $377,066 | $303,400 |
| Median Rent | $1,638 | $1,564 | $1,348 |
| Median Income | $78,373 | $71,711 | $78,538 |
| Home Value To Income | 5.7x | 5.3x | 3.9x |
| Rent To Monthly Income | 0.25x | 0.26x | 0.21x |
Median Home Value
Median Rent
Median Income
New Smyrna Beach, FL Costs By Category
Detailed New Smyrna Beach Services Costs Vs. Florida
| Item | New Smyrna Beach | Florida |
|---|---|---|
| Shampoo | $1.44 | $1.28 |
| Movie | $10.85 | $12.13 |
| Bowling | $15.24 | $18 |
| Haircut | $16.22 | $24.26 |
| Beauty Salon | $44.45 | $45.56 |
Detailed New Smyrna Beach Groceries Costs Vs. Florida
| Item | New Smyrna 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 New Smyrna Beach Health Costs Vs. Florida
| Item | New Smyrna Beach | Florida |
|---|---|---|
| Optometrist | $89.44 | $125.68 |
| Doctor | $88.17 | $135.78 |
| Dentist | $132.25 | $113.29 |
Detailed New Smyrna Beach Transportation Costs Vs. Florida
| Item | New Smyrna Beach | Florida |
|---|---|---|
| Gasoline | $3.52 | $3.46 |
| Tire Balancing | $61.64 | $59.92 |
Detailed New Smyrna Beach Utilities Costs Vs. Florida
| Item | New Smyrna Beach | Florida |
|---|---|---|
| All Electricity | $190.45 | $193.99 |
| Phone | $194.79 | $192.25 |
New Smyrna Beach SnackAbility
/10
Cost Of Living In Cities Around New Smyrna Beach
The cost of living varies in the cities and towns around New Smyrna Beach. Here's a quick look at the cost of living in the most populous nearby places:
Deltona, FL has a cost of living index of 100, 0.9x New Smyrna Beach.
Daytona Beach, FL has a cost of living index of 98, 0.9x New Smyrna Beach.
Port Orange, FL has a cost of living index of 104, 0.9x New Smyrna Beach.
| City | Population | Cost Of Living | Vs. New Smyrna Beach |
|---|---|---|---|
| Deltona, FL | 95,682 | 100 | 0.9x |
| Daytona Beach, FL | 75,924 | 98 | 0.9x |
| Port Orange, FL | 63,818 | 104 | 0.9x |
| Edgewater, FL | 23,314 | 98 | 0.9x |
| South Daytona, FL | 13,322 | 93 | 0.8x |
| Holly Hill, FL | 13,002 | 92 | 0.8x |
| Samsula-Spruce Creek, FL | 5,174 | 121 | 1.1x |
| Daytona Beach Shores, FL | 5,139 | 118 | 1.1x |
