Cost of Living in Delray Beach, FL

Palm Beach County · 2026 Data · 5 nearby cities in county

COL Index
118
vs FL Avg
+13
Median Income
$68K

Cost of Living Breakdown

Overall Cost of Living
110vs 100 US avg
Below avg
Near avg
Above avg
High
Housing
US avg = 100118
Groceries
US avg = 100106
Healthcare
US avg = 100103
Transportation
US avg = 100109
Utilities
US avg = 100107

Housing & Income in Delray Beach

Median Home Price
$510,000
Estimated market price
Median Monthly Rent
$2,400
All unit types
Median Household Income
$68,000
Annual, pre-tax
Est. Monthly Payment
$2,507
20% down, 30yr fixed
Property Tax Rate
0.9%
~$4,590/yr
Price-to-Rent Ratio
17.7x
<15 favors buying

About Living in Delray Beach

Delray Beach is a vibrant Atlantic Avenue destination with award-winning restaurants, boutique shops, a thriving arts scene, and beautiful beaches.

With a cost of living index of 118, Delray Beach is 18% above the US average and 13 points above the Florida average of 105. The median household income of $68,000 supports a home-price-to-income ratio of 7.5x — above the recommended 4–5x threshold.

FAQ

Common questions about cost of living in Delray Beach

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

Delray Beach's overall cost of living index is 118 compared to the US average of 100. Housing (118) is the main driver, with groceries at 106, healthcare at 103, transportation at 109, and utilities at 107.

Is Delray Beach affordable to live in?

Delray Beach is an above-average cost market with a COL index of 118, driven largely by housing. However, it offers premium amenities, strong job markets, and no state income tax.

How does Delray Beach compare to the Florida average?

Delray Beach's COL index of 118 is 13 points above the Florida average of 105. Coastal amenities and employment opportunities drive the premium.