Daytona Beach cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexDaytona BeachFloridaNational
Cost of living index8799100
IndexDaytona BeachFloridaNational
Goods & Services index9599100
Groceries index94105100
Health care index94100100
Housing index6996100
Transportation index10098100
Utilities index94102100
Here we can see a simple outline of the cost of living in Daytona Beach, FL. As you can see, with the average cost of living in Daytona Beach, FL being 87, that puts it 12% lower than the average of Florida and 13% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Daytona Beach, FL, the price of goods and services are 4% lower than the average of Florida as well as 5% lower than the nation's average.
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Did you know?

  • The cost of living in Daytona Beach is 12% lower than the Florida average.
  • The cost of living in Daytona Beach is 13% lower than the national average.
  • The cost of housing in Daytona Beach is 31% lower 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.

Compare Daytona Beach, FL Cost of living To Other Cities

Salary Calculator

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Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Daytona Beach, FL to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Daytona Beach, FL, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Daytona Beach, FL salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
One can approximate the cost of living and the housing affordability in Daytona Beach, FL by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Daytona Beach, FL have a median income of $41,857. Therefore, the amount that a consumer should spend on housing costs should be no more than $977 per month to avoid calamity and poverty. The renters in the city have an income of about $22,399, which would make their monthly maximum allowable rental costs $523.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Daytona Beach, FL is the Florida sales tax and Florida income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Florida sales tax rate is 6% and the maximum surtax that can be charged is 7.5%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Florida income tax rates range from 0% to 0%.

Goods & Services

ItemDaytona BeachNational avg.Difference
Haircut $21.25$17.4921.5%
Beauty Salon $32.00$38.1716.2%
Toothpaste $1.96$2.3215.6%
Shampoo $1.09$1.017.7%
Movie $11.93$10.7211.2%
Bowling $14.60$13.865.3%


ItemDaytona BeachNational avg.Difference
Ground Beef $4.31$3.9010.5%
Fried Chicken $1.39$1.400.4%
Milk $2.29$1.9616.7%
Potatoes $3.26$3.182.4%
Pizza $9.19$10.3911.6%
Beer $10.66$9.2315.5%

Health Care

ItemDaytona BeachNational avg.Difference
Optometrist $65.75$106.3438.2%
Doctor $130.00$115.2512.8%
Dentist $75.60$98.3823.2%
Ibuprofen $10.22$9.2610.4%
Lipitor $494.25$466.476.0%


ItemDaytona BeachNational avg.Difference
Home Price $117,200.00$184,700.0036.5%
Avg. Mortgage Payment $895.82$1,273.3229.6%
Apartment Rent $791.00$949.0016.6%


ItemDaytona BeachNational avg.Difference
Gasoline $2.67$2.592.9%
Tire Balancing $47.95$48.901.9%


ItemDaytona BeachNational avg.Difference
All Electricity$147.88$167.6011.8%
Phone $185.04$163.4213.2%
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, StatePopulationCost of Living IndexNational Avg.
Holly Hill, FL11,83983-17%
South Daytona, FL12,47087-13%
Port Orange, FL58,78093-7%
Ormond-by-the-Sea, FL7,69095-5%
Ormond Beach, FL40,68695-5%
Daytona Beach, FL64,10587-13%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Ames, IA64,07397-3%
Conway, AR64,18484-16%
Janesville, WI63,88090-10%
Lodi, CA63,84211717%
Shawnee, KS64,4441022%
Daytona Beach, FL64,10587-13%
Source: The Daytona Beach, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.
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