Cost of Living in Delray Beach, FL

Population 66,940 · Florida · Data vintage 2023

134
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Delray Beach lands reasonably close to national benchmarks on most cost indicators, with a median home value of $387,000 — 27% above the US figure. That makes it a useful reference point for comparing with more extreme markets in Florida.

Located 15 miles north of Pompano Beach, Delray Beach falls within that metro's commuting orbit. Median home values run roughly 20% higher than Pompano Beach's $322,000.

Cost Overview

Housing 127
Rent 146

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

About the Cost of Living in Delray Beach

The median home value in Delray Beach is $386,700 — 27% above the national median of $305,000. Median rent runs $1,914/month, 46% higher than the national median of $1,314/month. The median household income of $79,393/year is 6% higher than the US median of $74,580. The local unemployment rate is 5.7%, above the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Delray Beach has a cost of living index of 134 versus the US average of 100, meaning it is 34% more expensive.

🏠 Housing

Median Home Value
$386,700
27% above avg
Zillow Home Value
$338,995
Zillow ZHVI
Median Rent
$1,914/mo
46% above avg
Zillow Rent
$2,736/mo
Zillow ZORI
Price-to-Rent Ratio
16.8x
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 65.0%
Renter-occupied 35.0%

💰 Estimated Monthly Budget

Rent median rent
$1,914
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,528/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
25.3 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
17.2%

Commute Mode

Drove alone
69.7%
Carpooled
6.3%
Public transit
2.8%
Walked
1.7%
Bicycle
0.3%
Work from home
17.2%

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
$79,393
6% above avg
Per Capita Income
$56,068
Unemployment Rate
5.7%
18% above avg
Poverty Rate
12.6%
Labor Force Participation
61.1%

🎓 Education

Bachelor's degree+ 26.0%
Graduate degree 15.1%

👥 Demographics

Median Age 51.8
Male median age 51.3
Female median age 52.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
71.2%
Good air days/yr
122
Max AQI recorded
242
PM2.5 days
123
Ozone days

Frequently Asked Questions

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

Delray Beach has a cost index of 134 (100 = national average). It is 34% above the national average.

What is average rent in Delray Beach, FL?

The median gross rent in Delray Beach is $1,914 per month based on 2023 Census data.

What is the average home price in Delray Beach?

The median home value in Delray Beach is $386,700 according to Zillow and Census data.

What is the median income in Delray Beach?

The median household income in Delray Beach is $79,393 per year (2023 ACS 5-year estimates).

What is the sales tax in Delray Beach, FL?

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

Is Delray Beach, FL affordable?

Delray Beach is above average in cost of living, with an index of 134 — about 34% higher than the national average.

Delray Beach at a Glance

Population
66,940
Median Income
$79,393
Home Value
$386,700
Median Rent
$1,914/mo
Unemployment
5.7%
Sales Tax
7.0%
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🗺️ County data for Florida

Explore county-level cost of living data

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