A+
3%
Overall NAT. AVG.
4%
Goods & Services NAT. AVG.
15%
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 Port Orange Florida National
Cost of living10398100
Goods & Services9698100
Groceries9999100
Health care9496100
Housing11596100
Transportation10299100
Utilities10097100

An Overview of Cost of Living in Port Orange, FL

Getting a feel for the cost of living in Port Orange 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 Port Orange is 103, which is 3% 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 Port Orange 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.

What Do Locals Say About the Cost of Living in Port Orange?

Nobody knows their city better than the people who actually live there. So, we asked 18 local residents how they would rate the cost of living in Port Orange and this is how they responded. 17% of people said that the cost of living was affordable, with prices decreasing, while 83% of people said that the cost of living was very expensive and prices continue to rise.

Is Port Orange Affordable?

Wondering if Port Orange is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Port Orange, for example, the median home price is 9.8% higher than what folks pay nationally, and monthly rent is 27.9% higher than the usual rates. Plus, income levels matter too, with Port Orange boasting a median household income of $56,242, which is 1.7% higher than the national average.

What Factors can Influence the Cost of Living in Port Orange?

Taxes: Cities that impose higher taxes, including sales and income taxes, can contribute to an escalated cost of living. The added expense of taxes on everyday goods like clothing and food naturally results in higher overall costs. Similarly, a higher income tax rate can further elevate the cost of living. In Port Orange, the general sales tax rate starts at 6%, and income tax rates begin at 0%.

Healthcare: Healthcare costs and insurance premiums can undergo substantial fluctuations based on the city or state of residence. Elements such as the availability of healthcare facilities, out-of-pocket costs for medical consultations, dental expenses, prescription medication charges and specialized medical care fees all contribute to variations in the cost of living. In Port Orange, healthcare costs are 5.6% lower than the national average.

Urbanization: Larger, urban centers, known for their wealth of amenities and strong employment prospects, often exhibit an elevated cost of living, primarily attributable to the heightened demand for services and residential relocation. Consequently, this scenario leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural areas or regions characterized by diminished demand typically provide a more limited array of amenities and experience slower job market growth, resulting in a more affordable cost of living.

Where is the Data From?

The Port Orange cost of living data you see above is sourced from the C2ER cost of living index, providing a practical and accurate means of comparing living expenses in urban areas. Updated quarterly, this index gathers data from over 300 independent researchers, covering more than 60 goods and services, in 6 different categories. These selections are made meticulously to represent a wide range of consumer expenditure categories. The weightings applied to cost differences are based on government survey data that tracks spending patterns among professional and executive households. It's important to note that while the C2ER index excludes data on sales or income tax rates, AreaVibes factors tax rates into the overall cost of living score for each region.

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Cost Of Living Quick Facts

  • The cost of living in Port Orange is 6% higher than the Florida average
  • The cost of living in Port Orange is 3% higher than the national average
  • Port Orange housing is 15% 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 Port Orange

See all the best places to live around Port Orange

Compare Port Orange, 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$62,439$5,203$1,457$1,873
      Renters$37,959$3,163$886$1,139
      A good indicator of the general affordability of housing in Port Orange, 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 Port Orange, the median monthly income is $62,439 for those who own their own homes. Under the standard rule, that income level would allow for $1,457 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $37,959, per the median income in the area. That would allow for renters to spend up to $886 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 Port Orange 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 Port Orange 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 Port Orange 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 Port Orange National avg. Difference
      Home Price $202,800.00$184,700.009.8%
      Avg. Mortgage Payment $2,061.37$2,346.6912.2%
      Apartment Rent $1,214.00$949.0027.9%

      Transportation

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

      Utilities

      Item Port Orange 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.
      Holly Hill, FL12,259928.4%
      South Daytona, FL13,098955.0%
      Daytona Beach, FL68,711963.5%
      Lake Helen, FL2,787973.1%
      Edgewater, FL23,710981.9%
      Port Orange, FL63,8151033.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Fredericton, NB63,818n/a 
      Dundalk, MD63,8261021.7%
      Lorain, OH63,8328415.5%
      Haverhill, MA63,78312929.4%
      Dublin, CA63,856217116.6%
      Port Orange, FL63,8151033.1%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.