| Index | Ormond Beach | Florida | National |
| Cost of living | 108 | 102 | 100 |
| Groceries | 103 | 102 | 100 |
| Health care | 102 | 104 | 100 |
| Housing | 122 | 97 | 100 |
| Transportation | 101 | 103 | 100 |
| Utilities | 107 | 110 | 100 |
| Lifestyle & Entertainment | 101 | 104 | 100 |
| Household Items | 101 | 102 | 100 |
| Education & Childcare | 106 | 106 | 100 |
Getting a feel for the cost of living in Ormond 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 Ormond Beach is 108, which is 8% 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 Ormond Beach is about average when compared to all other cities across the nation. You can expect that everyday items like food, household expenses 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.
Housing costs make up a big chunk of the cost of living in Ormond Beach, and they usually eat into a large part of your take-home pay. Unfortunately, in this area, both buying a home and renting one costs 21.7% more than the average city. This includes stuff like home prices, rent, mortgage rates, and insurance.
Is Ormond 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 Ormond Beach, for instance, where the median home price falls 23.2% higher than the national average, and monthly rent rates are 18.1% higher than usual. Additionally, median income levels contribute to the equation, with Ormond Beach flaunting a median household income of $83,582, 2.8% higher than the national norm.
Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Ormond Beach, the housing index is 21.7% higher than the national average.
Transportation: When public transportation options are limited or non-existent, residents frequently resort to vehicle ownership, which can significantly contribute to the overall cost of living. Monthly financial obligations encompass fuel, insurance, regular maintenance and potentially lease or financing expenses. In Ormond Beach, the transportation index is 0.5% higher than the national average.
Healthcare: Healthcare expenses and insurance premiums can vary significantly depending on the specific city or state. Factors such as accessibility to healthcare facilities, out-of-pocket expenses for doctor's visits, dental care expenses, prescription costs and specialized medical care fees can all influence the overall cost of living. In Ormond Beach, healthcare costs are 2.4% higher than the national average.
The cost of living estimates displayed for Ormond Beach are modeled using a U.S. average baseline of 100, helping provide a useful comparison of local living expenses. Housing calculations include U.S. Census home price and rental data, while all other values are AI-assisted estimates based on regional cost patterns, climate, transportation, and everyday spending expectations. These values are intended for directional comparisons across cities.
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| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $96,306 | $8,026 | $2,247 | $2,889 |
| Renters | $55,829 | $4,652 | $1,303 | $1,675 |
| 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. |
| Bunnell, FL | 2,957 | 95 | 4.9% |
| Holly Hill, FL | 12,579 | 97 | 3.2% |
| South Daytona, FL | 13,503 | 99 | 0.8% |
| Daytona Beach, FL | 70,799 | 102 | 1.8% |
| Port Orange, FL | 65,435 | 108 | 7.7% |
| Ormond Beach, FL | 44,412 | 108 | 8.5% |
| City | Population | Cost of Living Index | National Avg. |
| Burlington, VT | 44,321 | 121 | 21.1% |
| Sherman, TX | 44,313 | 92 | 7.5% |
| Innisfil, ON | 44,305 | n/a | |
| Winter Haven, FL | 44,524 | 100 | 0.2% |
| Farmers Branch, TX | 44,287 | 106 | 5.9% |
| Ormond Beach, FL | 44,412 | 108 | 8.5% |
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