| Index | Edgewater | Florida | National |
| Cost of living | 103 | 102 | 100 |
| Groceries | 102 | 102 | 100 |
| Health care | 107 | 104 | 100 |
| Housing | 99 | 97 | 100 |
| Transportation | 104 | 103 | 100 |
| Utilities | 107 | 110 | 100 |
| Lifestyle & Entertainment | 103 | 104 | 100 |
| Household Items | 103 | 102 | 100 |
| Education & Childcare | 105 | 106 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Edgewater? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Edgewater stands at 103, making it 3% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
In Edgewater, daily expenses such as food, housing, lifestyle expenses, transportation and health care are in line with comparable areas and about average when compared to all cities across the nation. This ensures that the cost of living in Edgewater will resemble that of an average city, contributing to a manageable cost of living.
Is Edgewater an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Edgewater, the median home price is 5.8% lower than what most folks pay across the country, and monthly rent prices are 11.6% higher than the usual rates. Income levels in Edgewater come in at $72,674, which is 10.6% lower than the national average.
Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In Edgewater, healthcare costs are 6.5% higher than the national average.
Utilities: Similar to the prices of any other goods or services, utility expenditures can exhibit substantial variability, influenced by factors such as climate, energy sources accessibility, geographical location and state regulations. Costs related to electricity, water, heating, and waste disposal can fluctuate, whether higher or lower, contingent on the city or state. In Edgewater, the utilities index is 7.3% higher than the national average.
Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower cost of living.
The Edgewater cost of living data above is designed around a U.S. average baseline of 100, allowing for easy comparisons of relative living costs. Housing incorporates U.S. Census home price and rental data, while all other figures are AI-assisted estimates that account for regional price trends, climate, transportation dynamics, and common everyday expenses. These values are best used as 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 | $75,474 | $6,290 | $1,761 | $2,264 |
| Renters | $63,624 | $5,302 | $1,484 | $1,909 |
| 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. |
| South Daytona, FL | 13,503 | 99 | 0.8% |
| Oak Hill, FL | 2,097 | 106 | 6.1% |
| Port Orange, FL | 65,435 | 108 | 7.7% |
| New Smyrna Beach, FL | 27,977 | 117 | 17.0% |
| Daytona Beach Shores, FL | 4,698 | 123 | 22.7% |
| Edgewater, FL | 24,363 | 103 | 2.8% |
| City | Population | Cost of Living Index | National Avg. |
| Calabasas, CA | 24,363 | 239 | 138.6% |
| Columbus, MS | 24,360 | 89 | 11.0% |
| Wasaga Beach, ON | 24,372 | n/a | |
| Allendale, MI | 24,346 | 103 | 2.6% |
| Sept-Îles, QC | 24,383 | n/a | |
| Edgewater, FL | 24,363 | 103 | 2.8% |
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