Cost of Living in Daytona Beach Shores, FL

Population 5,139 · Florida · Data vintage 2023

125
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

With a median age of 65, Daytona Beach Shores functions largely as a retirement market. Housing costs — $411,000 for a typical home — anchor most household budgets, and the state's treatment of pension income tends to matter more than wage-driven tax comparisons.

Daytona Beach Shores is about 55 miles north of Orlando, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 14% higher than Orlando's $359,000.

Cost Overview

Housing 135
Rent 111

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Daytona Beach Shores

The median home value in Daytona Beach Shores is $410,800 — 35% above the national median of $305,000. Median rent runs $1,461/month, 11% higher than the national median of $1,314/month. The median household income of $70,911/year is 5% lower than the US median of $74,580. The local unemployment rate is 4.1%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Daytona Beach Shores has a cost of living index of 125 versus the US average of 100, meaning it is 25% more expensive.

🏠 Housing

Median Home Value
$410,800
35% above avg
Zillow Home Value
$181,745
Zillow ZHVI
Median Rent
$1,461/mo
11% above avg
Zillow Rent
$1,149/mo
Zillow ZORI
Price-to-Rent Ratio
23.4x
Favors renting
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 70.6%
Renter-occupied 29.4%

💰 Estimated Monthly Budget

Rent median rent
$1,461
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,075/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
31.1 min
15% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
23.8%

Commute Mode

Drove alone
60.7%
Carpooled
5.3%
Public transit
3.0%
Walked
0.9%
Bicycle
2.2%
Work from home
23.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$70,911
5% below avg
Per Capita Income
$59,918
Unemployment Rate
4.1%
15% below avg
Poverty Rate
7.3%
Labor Force Participation
35.0%

🎓 Education

Bachelor's degree+ 21.8%
Graduate degree 21.5%

👥 Demographics

Median Age 64.8
Male median age 65.8
Female median age 63.5

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 44 — Good
71.8%
Good air days/yr
118
Max AQI recorded
216
PM2.5 days
149
Ozone days

Frequently Asked Questions

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

Daytona Beach Shores has a cost index of 125 (100 = national average). It is 25% above the national average.

What is average rent in Daytona Beach Shores, FL?

The median gross rent in Daytona Beach Shores is $1,461 per month based on 2023 Census data.

What is the average home price in Daytona Beach Shores?

The median home value in Daytona Beach Shores is $410,800 according to Zillow and Census data.

What is the median income in Daytona Beach Shores?

The median household income in Daytona Beach Shores is $70,911 per year (2023 ACS 5-year estimates).

What is the sales tax in Daytona Beach Shores, FL?

The combined state and local sales tax rate in Daytona Beach Shores is 7.0%. Florida has no state income tax.

Is Daytona Beach Shores, FL affordable?

Daytona Beach Shores is above average in cost of living, with an index of 125 — about 25% higher than the national average.

Daytona Beach Shores at a Glance

Population
5,139
Median Income
$70,911
Home Value
$410,800
Median Rent
$1,461/mo
Unemployment
4.1%
Sales Tax
7.0%
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Explore county-level cost of living data

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