A+
3%
Overall NAT. AVG.
4%
Goods & Services NAT. AVG.
16%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index DeLand Florida National
Cost of living10398100
Goods & Services9698100
Groceries9999100
Health care9496100
Housing11696100
Transportation10299100
Utilities10097100

An Overview of Cost of Living in DeLand, FL

The cost of living in DeLand affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in DeLand is 103, which is 3% higher than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.

The cost of living in DeLand is about average when compared to all other cities across the nation. You can expect that everyday items like food, goods and services and utility bills will be no more expensive than any other average city. Residents can anticipate living expenses that remain in line with the national average, ensuring a manageable financial burden, making it an attractive choice for those seeking affordability without the constraints of higher everyday expenditures.

Is DeLand Affordable?

Is DeLand affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in DeLand, the median home price is 20.5% higher than the national average and monthly rent prices are 5.9% higher than the typical rates. Additionally, the median income levels play a role in affordability, with DeLand boasting a median household income of $54,397, 1.7% lower than the national average.

What Factors can Influence the Cost of Living in DeLand?

Utilities: As with the prices of anything else, utility costs can exhibit significant variations, contingent on factors like climate, energy source availability, geographic location and state regulations. The expenses associated with electricity, water, heating, and waste disposal can fluctuate, either upward or downward, depending on the particular city or state. In DeLand, the utilities index registers 0.5% lower than the national average.

Housing: A sought-after location with high housing demand often leads to increased property values and rental rates, which can significantly inflate the overall cost of living. Conversely, areas with low housing demand, particularly in less desirable locales, tend to experience the opposite effect, causing prices to drop and contributing to a more affordable cost of living. In DeLand, the housing index stands at 16.1% higher than the national average.

Groceries: Over the past 2-3 years, grocery expenses have experienced substantial upward trends. In certain markets, food prices have surged by over 20% during this period, while others have witnessed more modest increases. These fluctuations in food costs can wield significant influence over the overall cost of living in a given region. In DeLand, the groceries index is 1.5% lower than the national average.

Where is the Data From?

The cost of living data in DeLand displayed above is sourced from the C2ER cost of living index, which serves as a practical tool for comparing living expenses across urban areas. Published on a quarterly basis, this index aggregates data from over 300 independent researchers, encompassing more than 60 goods and services, in 6 different categories. The weightings assigned to cost differences rely on government survey data that tracks the spending habits of professional and executive households. It's worth noting that the C2ER index excludes data on sales or income tax rates, while AreaVibes integrates tax rates into the overall cost of living evaluation for each region.

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Cost Of Living Quick Facts

  • The cost of living in DeLand is 6% higher than the Florida average
  • The cost of living in DeLand is 3% higher than the national average
  • DeLand housing is 16% higher than the national average
  • Florida general sales tax is 18% higher than the national average
  • Florida state income tax is 100% lower than the national average

Most Affordable Places to Live in and Around DeLand

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Compare DeLand, FL Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$69,056$5,755$1,611$2,072
      Renters$30,125$2,510$703$904
      A good indicator of the general affordability of housing in DeLand, FL, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In DeLand, the median monthly income is $69,056 for those who own their own homes. Under the standard rule, that income level would allow for $1,611 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $30,125, per the median income in the area. That would allow for renters to spend up to $703 on monthly rental expenses.

      Florida Sales Tax

      State General Sales Tax With Max Surtax
      Florida 6% 7.5%

      Florida Income Tax

      State Income Tax (Low) Income Tax (High)
      Florida 0% 0%

      Goods & Services

      Item DeLand National avg. Difference
      Haircut $16.22$24.2633.1%
      Beauty Salon $44.45$45.562.5%
      Toothpaste $3.68$3.700.5%
      Shampoo $1.44$1.2812.8%
      Movie $10.85$12.1310.6%
      Bowling $15.24$18.0015.3%

      Groceries

      Item DeLand National avg. Difference
      Ground Beef $7.04$5.8420.5%
      Fried Chicken $1.41$1.5710.5%
      Milk $4.59$4.671.8%
      Potatoes $5.08$4.932.9%
      Pizza $11.04$12.098.7%
      Beer $10.70$10.412.7%

      Health Care

      Item DeLand National avg. Difference
      Optometrist $89.44$125.6828.8%
      Doctor $88.17$135.7835.1%
      Dentist $132.25$113.2916.7%
      Ibuprofen $10.63$10.650.2%
      Lipitor $500.02$468.606.7%

      Housing

      Item DeLand National avg. Difference
      Home Price $222,500.00$184,700.0020.5%
      Avg. Mortgage Payment $2,061.37$2,346.6912.2%
      Apartment Rent $1,005.00$949.005.9%

      Transportation

      Item DeLand National avg. Difference
      Gasoline $3.52$3.461.7%
      Tire Balancing $61.64$59.922.9%

      Utilities

      Item DeLand National avg. Difference
      All Electricity $190.45$193.991.8%
      Phone $194.79$192.251.3%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Paisley, FL1,3018317.0%
      Lake Mack-Forest Hills, FL2,4258613.7%
      DeLand Southwest, FL1,3728911.0%
      Pine Lakes, FL1,1278911.3%
      Pierson, FL1,491927.8%
      DeLand, FL33,6201033.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Huntington Station, NY33,61214241.7%
      Myrtle Beach, SC33,6381055.5%
      Deer Park, TX33,5991011.1%
      Franklin Town, MA33,64413939.2%
      Mason, OH33,59212020.0%
      DeLand, FL33,6201033.3%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.