| Index | South Daytona | Florida | National |
| Cost of living | 99 | 102 | 100 |
| Groceries | 102 | 102 | 100 |
| Health care | 107 | 104 | 100 |
| Housing | 88 | 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 |
Knowing the cost of living in South Daytona allows individuals to create a realistic budget. This helps them understand how their income will cover expenses and whether they need to make financial adjustments. The cost of living in any region can fluctuate due to various factors. To assess the cost of living consistently across different areas, a national average of 100 serves as the basis for the cost of living index. The cost of living in South Daytona stands at 99, marking it 1% lower than the national average.
The cost of living in South Daytona 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. South Daytona 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.
Wondering if South Daytona 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 South Daytona, for example, the median home price is 21.9% lower than what folks pay nationally, and monthly rent is 9.6% higher than the usual rates. Plus, income levels matter too, with South Daytona boasting a median household income of $65,632, which is 19.3% lower 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 South Daytona, the utilities index is 7.3% higher than the national average.
Groceries: Grocery prices have seen substantial hikes in the last 2-3 years, with some markets witnessing food cost increases of over 20% during this period. Conversely, certain markets have experienced only moderate upticks. These variations in food expenses can have a substantial impact on the overall cost of living in any locality. In South Daytona, the groceries index is 2.4% higher than the national average.
Subsidies: Some cities and states may extend government subsidies or aid programs aimed at reducing the cost of living for their residents. These initiatives encompass diverse forms of support, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farm subsidies. Regions with limited subsidy provisions may witness an increase in their overall cost of living.
The cost of living estimates displayed for South Daytona 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.
| 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 | $75,308 | $6,276 | $1,757 | $2,259 |
| Renters | $43,304 | $3,609 | $1,010 | $1,299 |
| 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% |
| Daytona Beach, FL | 70,799 | 102 | 1.8% |
| Lake Helen, FL | 2,855 | 101 | 1.2% |
| Edgewater, FL | 24,363 | 103 | 2.8% |
| Port Orange, FL | 65,435 | 108 | 7.7% |
| South Daytona, FL | 13,503 | 99 | 0.8% |
| City | Population | Cost of Living Index | National Avg. |
| Rochester, MI | 13,503 | 123 | 22.8% |
| La Grange Park, IL | 13,501 | 125 | 25.0% |
| McPherson, KS | 13,501 | 91 | 9.0% |
| Irondale, AL | 13,506 | 96 | 4.0% |
| Fort Lewis, WA | 13,510 | 132 | 32.4% |
| South Daytona, FL | 13,503 | 99 | 0.8% |
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