| Index | Daytona Beach | Florida | National |
| Cost of living | 102 | 102 | 100 |
| Groceries | 103 | 102 | 100 |
| Health care | 106 | 104 | 100 |
| Housing | 95 | 97 | 100 |
| Transportation | 100 | 103 | 100 |
| Utilities | 111 | 110 | 100 |
| Lifestyle & Entertainment | 107 | 104 | 100 |
| Household Items | 104 | 102 | 100 |
| Education & Childcare | 108 | 106 | 100 |
Getting a feel for the cost of living in Daytona Beach is essential for anyone planning to relocate, as it empowers them to make informed financial decisions, secure a comfortable lifestyle and maintain financial stability in their new environment. The cost of living in Daytona Beach is 102, which is 2% higher than the national average. Relocating individuals may need to adjust their savings and investment strategies based on the cost of living in the new location. It influences decisions about retirement planning, investments and financial goals.
The cost of living in Daytona Beach aligns closely with the national average when compared to other cities across the nation. Everyday essentials such as groceries, household expenses, health care and utility bills are priced at a level consistent with the average in similar urban areas. Daytona Beach residents can anticipate that their daily expenses won't be significantly higher than those in an average city, ensuring that the cost of living remains manageable.
Is Daytona Beach affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Daytona Beach, for instance, where the median home price falls 8.9% lower than the national average, and monthly rent rates are 2.8% higher than usual. Additionally, median income levels contribute to the equation, with Daytona Beach flaunting a median household income of $57,551, 29.2% lower than the national norm.
Housing: Elevated demand for housing within coveted locales has the propensity to escalate both property values and rental rates, thereby serving as a primary catalyst for an augmented cost of living. Conversely, areas witnessing diminished housing demand, particularly within less desirable environs, often experience an inversely proportional effect, leading to price reductions and subsequently contributing to a more modest cost of living. In Daytona Beach, the housing index is 5.4% lower than the national average.
Transportation: In cities with limited or no public transportation, residents may find it necessary to own and maintain vehicles, thereby elevating the cost of living. Monthly expenditures include fuel, insurance, routine maintenance and potential lease or financing commitments. In Daytona Beach, the transportation index stands at 0.3% lower than the national average.
Urbanization: Urban areas with a wealth of amenities and employment opportunities tend to come with a higher price tag for living. Why? Well, more people want to be there, which drives up home prices and rents. On the flip side, less densely populated rural areas or places where there's not as much demand usually mean fewer attractions, things to do and slower job growth. That often results in a lower cost of living.
The Daytona Beach cost of living data displayed above uses a U.S. average baseline of 100 to provide a practical way to compare living expenses across cities. Housing estimates incorporate U.S. Census home price and rental data, while all other values are generated using AI-assisted models based on everyday expense expectations, regional pricing trends, climate, transportation patterns, and local economic conditions. These values are designed for directional city-to-city comparisons.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $73,743 | $6,145 | $1,721 | $2,213 |
| Renters | $47,137 | $3,928 | $1,100 | $1,414 |
| State | General Sales Tax | With Max Surtax |
| Florida | 6% | 7.5% |
| State | Income Tax (Low) | Income Tax (High) |
| Florida | 0% | 0% |
| City | Population | Cost of Living Index | National Avg. |
| Holly Hill, FL | 12,579 | 97 | 3.2% |
| South Daytona, FL | 13,503 | 99 | 0.8% |
| Port Orange, FL | 65,435 | 108 | 7.7% |
| Ormond Beach, FL | 44,412 | 108 | 8.5% |
| Ormond-by-the-Sea, FL | 7,198 | 111 | 10.7% |
| Daytona Beach, FL | 70,799 | 102 | 1.8% |
| City | Population | Cost of Living Index | National Avg. |
| Delray Beach, FL | 70,778 | 122 | 22.3% |
| Saint John, NB | 70,776 | n/a | |
| Poinciana, FL | 70,767 | 108 | 7.5% |
| Rockville, MD | 70,839 | 157 | 56.8% |
| Union City, NJ | 70,743 | 132 | 31.8% |
| Daytona Beach, FL | 70,799 | 102 | 1.8% |
Here are the best places to live in Florida
Most Dangerous Cities In The US
Most Dangerous States In The US
These are the largest cities in Florida