Daytona Beach, FL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

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 89, with 100 being the average.

  • The cost of living index in Daytona Beach is 0.9x lower than the national average.

  • Daytona Beach ranks as the #72 cheapest in Florida out of 459.

  • Daytona Beach ranks as the #1,460 cheapest out of 6,412 in the US.

  • The median home value in Daytona Beach is $176,800.

  • The median income in Daytona Beach is $42,392.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
89
Daytona Beach's Overall Cost Of Living
0.9x
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 89, which is 0.9x lower than the national index of 100.

Compared to Florida, Daytona Beach has a cost of living index that's 0.9x lower than Florida's index of 101.

The standard of living in Daytona Beach ranks as #72 most affordable out of the 459 places we measured in Florida. By definition, that implies Daytona Beach ranks as the #387 most expensive place in the Sunshine State.

For more reading on life in Daytona Beach, check out:

72 out of 459
In Florida
1,460 out of 6,412
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 96.

  • The Groceries index in Daytona Beach is 99.

  • The Health index in Daytona Beach is 89.

  • The Housing index in Daytona Beach is 70.

  • The Transportation index in Daytona Beach is 97.

  • The Utilities index in Daytona Beach is 93.

Living Expense Daytona Beach Florida National Average
Overall 89 101 100
Services 96 98 100
Groceries 99 101 100
Health 89 96 100
Housing 70 108 100
Transportation 97 98 100
Utilities 93 100 100
For more reading on cost of living around Florida, check out:
Daytona Beach Cost of Living Vs. FL

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 2017-2021. The key points are:

  • The Median Home Value in Daytona Beach is $176,800.

  • The Median Rent in Daytona Beach is $1,066.

  • The Median Income in Daytona Beach is $42,392.

  • The Home Value To Income in Daytona Beach is 4.2x.

  • The Rent To Monthly Income in Daytona Beach is 0.3x.

Statistic Daytona Beach Florida United States
Median Home Value $176,800 $248,700 $244,900
Median Rent $1,066 $1,301 $1,163
Median Income $42,392 $61,777 $69,021
Home Value To Income 4.2x 4.0x 3.5x
Rent To Monthly Income 0.3x 0.25x 0.2x
Search Homes For Sale In Daytona Beach, FL
$176,800
Median Home Value
$1,066
Median Rent
$42,392
Median Income

Daytona Beach, FL Costs By Category

Detailed Daytona Beach Services Costs Vs. Florida

Item Daytona Beach Florida
Shampoo $1.35 $1.06
Movie $11.91 $10.68
Bowling $14.06 $14.67
Haircut $21.82 $18.62
Beauty Salon $39.92 $39.05

Detailed Daytona Beach Groceries Costs Vs. Florida

Item Daytona Beach Florida
Ground Beef $4.49 $4.22
Fried Chicken $1.83 $1.39
Milk $2.18 $2.05
Potatoes $3.43 $3.29
Pizza $10.14 $10.62
Beer $9.84 $9.38
Toothpaste $2.19 $2.34

Detailed Daytona Beach Health Costs Vs. Florida

Item Daytona Beach Florida
Optometrist $64.41 $108.57
Doctor $100.7 $116.17
Dentist $85.69 $99.13

Detailed Daytona Beach Transportation Costs Vs. Florida

Item Daytona Beach Florida
Gasoline $2.16 $2.22
Tire Balancing $46.83 $50.07

Detailed Daytona Beach Utilities Costs Vs. Florida

Item Daytona Beach Florida
All Electricity $146.61 $167.67
Phone $187.82 $175.64

Daytona Beach SnackAbility

3
/10
Overall SnackAbility
Jobs
5/10
Housing
8
Affordability
4
Diversity
9.5
Safety
3
Amenities
8.5
Education
7
Commute
9

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 93, 1.0x Daytona Beach.

  • Ormond Beach, FL has a cost of living index of 97, 1.1x Daytona Beach.

  • DeLand, FL has a cost of living index of 95, 1.1x Daytona Beach.

City Population Cost Of Living Vs. Daytona Beach
Port Orange, FL 62,197 93 1.0x
Ormond Beach, FL 42,707 97 1.1x
DeLand, FL 36,528 95 1.1x
New Smyrna Beach, FL 29,674 103 1.2x
Edgewater, FL 22,952 91 1.0x
South Daytona, FL 12,984 90 1.0x
Holly Hill, FL 12,833 82 0.9x
Ormond-by-the-Sea, FL 6,414 96 1.1x
Samsula-Spruce Creek, FL 5,202 108 1.2x

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