Cost of Living in New Smyrna Beach, FL
Population 31,212 · Florida · Data vintage 2023
(100 = US avg)
New Smyrna Beach skews considerably older than the national median, with an average age of 58. Reported household income of $78,373 often reflects pension and investment income rather than wages, which makes the local tax picture — especially property tax treatment — a larger factor than in working-age cities.
Geographically, New Smyrna Beach is about 45 miles northeast of Orlando, the nearest large metro. Housing prices track closely with Orlando's $359,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in New Smyrna Beach
The median home value in New Smyrna Beach is $365,900 — 20% above the national median of $305,000. Median rent runs $1,638/month, 25% higher than the national median of $1,314/month. The median household income of $78,373/year is 5% higher than the US median of $74,580. The local unemployment rate is 4.3%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, New Smyrna Beach has a cost of living index of 122 versus the US average of 100, meaning it is 22% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in New Smyrna Beach, FL?
New Smyrna Beach has a cost index of 122 (100 = national average). It is 22% above the national average.
What is average rent in New Smyrna Beach, FL?
The median gross rent in New Smyrna Beach is $1,638 per month based on 2023 Census data.
What is the average home price in New Smyrna Beach?
The median home value in New Smyrna Beach is $365,900 according to Zillow and Census data.
What is the median income in New Smyrna Beach?
The median household income in New Smyrna Beach is $78,373 per year (2023 ACS 5-year estimates).
What is the sales tax in New Smyrna Beach, FL?
The combined state and local sales tax rate in New Smyrna Beach is 7.0%. Florida has no state income tax.
Is New Smyrna Beach, FL affordable?
New Smyrna Beach is above average in cost of living, with an index of 122 — about 22% higher than the national average.
New Smyrna Beach at a Glance
- Population
- 31,212
- Median Income
- $78,373
- Home Value
- $365,900
- Median Rent
- $1,638/mo
- Unemployment
- 4.3%
- Sales Tax
- 7.0%
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