Cost of Living in Daytona Beach, FL

Volusia County · 2026 Data · 1 nearby cities in county

COL Index
89
vs FL Avg
-16
Median Income
$40K

Cost of Living Breakdown

Overall Cost of Living
93vs 100 US avg
Below avg
Near avg
Above avg
High
Housing
US avg = 10089
Groceries
US avg = 10096
Healthcare
US avg = 10095
Transportation
US avg = 10097
Utilities
US avg = 10095

Housing & Income in Daytona Beach

Median Home Price
$265,000
Estimated market price
Median Monthly Rent
$1,450
All unit types
Median Household Income
$40,000
Annual, pre-tax
Est. Monthly Payment
$1,303
20% down, 30yr fixed
Property Tax Rate
0.9%
~$2,385/yr
Price-to-Rent Ratio
15.2x
<15 favors buying

About Living in Daytona Beach

Famous for NASCAR and its wide Atlantic beach, Daytona Beach offers some of Florida's most affordable oceanfront and beach-area properties.

With a cost of living index of 89, Daytona Beach is 11% below the US average and 16 points below the Florida average of 105. The median household income of $40,000 supports a home-price-to-income ratio of 6.6x — above the recommended 4–5x threshold.

FAQ

Common questions about cost of living in Daytona Beach

What is the cost of living in Daytona Beach, FL?

Daytona Beach's overall cost of living index is 89 compared to the US average of 100. Housing (89) is the main driver, with groceries at 96, healthcare at 95, transportation at 97, and utilities at 95.

Is Daytona Beach affordable to live in?

Yes — Daytona Beach is considered affordable by Florida standards, with a COL index of 89. Median rent is $1,450/mo and the median home price is $265,000.

How does Daytona Beach compare to the Florida average?

Daytona Beach's COL index of 89 is 16 points below the Florida average of 105. It's one of Florida's more budget-friendly options.

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