Cost of Living in Daytona Beach, FL

Population 75,924 · Florida · Data vintage 2023

86
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Daytona Beach lands reasonably close to national benchmarks on most cost indicators, with a median home value of $244,000 — 20% below the US figure. That makes it a useful reference point for comparing with more extreme markets in Florida. Around 21% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Located 55 miles north of Orlando, Daytona Beach is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 32% lower than Orlando's $359,000.

Cost Overview

Housing 80
Rent 94

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

About the Cost of Living in Daytona Beach

The median home value in Daytona Beach is $244,300 — 20% below the national median of $305,000. Median rent runs $1,239/month, 6% lower than the national median of $1,314/month. The median household income of $50,130/year is 33% lower than the US median of $74,580. The local unemployment rate is 4.6%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 80.6°F and lows of 62.5°F. Overall, Daytona Beach has a cost of living index of 86 versus the US average of 100, meaning it is 14% less expensive.

🏠 Housing

Median Home Value
$244,300
20% below avg
Zillow Home Value
$245,904
Zillow ZHVI
Median Rent
$1,239/mo
6% below avg
Zillow Rent
$1,537/mo
Zillow ZORI
Price-to-Rent Ratio
16.4x
Favors buying
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 46.4%
Renter-occupied 53.6%

💰 Estimated Monthly Budget

Rent median rent
$1,239
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,853/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
23.0 min
15% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.8%

Commute Mode

Drove alone
74.0%
Carpooled
9.8%
Public transit
1.2%
Walked
2.8%
Bicycle
1.1%
Work from home
8.8%

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
$50,130
33% below avg
Per Capita Income
$31,720
Unemployment Rate
4.6%
4% below avg
Poverty Rate
21.2%
Labor Force Participation
52.3%

🎓 Education

Bachelor's degree+ 17.0%
Graduate degree 8.7%

👥 Demographics

Median Age 39.8
Male median age 39.2
Female median age 40.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
80.6°F
Avg Low
62.5°F
Annual Precip
51.2"
40° 55° 70° 85° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 697276808589909087827672
Low °F 495155606672747473675852
Precip" 2.732.343.632.233.696.946.016.587.154.852.762.34

💨 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, FL?

Daytona Beach has a cost index of 86 (100 = national average). It is 14% below the national average.

What is average rent in Daytona Beach, FL?

The median gross rent in Daytona Beach is $1,239 per month based on 2023 Census data.

What is the average home price in Daytona Beach?

The median home value in Daytona Beach is $244,300 according to Zillow and Census data.

What is the median income in Daytona Beach?

The median household income in Daytona Beach is $50,130 per year (2023 ACS 5-year estimates).

What is the sales tax in Daytona Beach, FL?

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

Is Daytona Beach, FL affordable?

Yes, Daytona Beach is generally considered affordable, with a cost of living index of 86 — about 14% below the US national average of 100.

What is the weather like in Daytona Beach?

Daytona Beach has average high temperatures of 80.6°F and average lows of 62.5°F. Annual precipitation is 51.2". Data from NOAA 1991–2020 Climate Normals.

Daytona Beach at a Glance

Population
75,924
Median Income
$50,130
Home Value
$244,300
Median Rent
$1,239/mo
Unemployment
4.6%
Avg High Temp
80.6°F
Sales Tax
7.0%
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Explore county-level cost of living data

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