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Cost of Living in Daytona Beach, FL

Population 78,992 · Census ACS 2020–2024 5-year estimates

Median rent$1,328
Median home value$287,700
Median household income$52,058

The median rent in Daytona Beach, FL is $1,328/month, 20% lower than the Florida median and 6% lower than the U.S. median. The median home value is $287,700, 14% lower than the national median. Households earn a median of $52,058 a year, 30% lower than the state median.

Affordability

Rent as a share of median income: 30.6%
Income needed for median rent (30% rule): $53,120/yr
Home price-to-income ratio: 5.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,455/mo

Run your own numbers: mortgage calculator · hourly to salary

Daytona Beach vs. Florida vs. U.S.

Daytona BeachFloridaU.S.
Median rent$1,328$1,669$1,413
Median home value$287,700$359,000$332,700
Median household income$52,058$74,568$80,734
Homeownership rate47.5%67.6%65.2%
Bachelor's degree or higher27.8%34.1%35.7%
Poverty rate20.4%12.6%12.5%
Unemployment rate4.7%4.8%5.2%
Work from home10.9%15.7%15.1%
Median age40.342.638.9

FAQ

What is the average rent in Daytona Beach, FL?

The median gross rent in Daytona Beach, FL is $1,328 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Daytona Beach, FL?

Using the common 30% rule, renting a median-priced home takes about $53,120 a year in gross income.

Is Daytona Beach, FL expensive to live in?

Rent there is 6% lower than the U.S. median, and the median home costs about 5.5 times the median household income.

Other cities in Florida

Jacksonville, FLRent $1,465 · Income $69,872Miami, FLRent $1,758 · Income $62,462Tampa, FLRent $1,701 · Income $75,475Orlando, FLRent $1,747 · Income $72,336St. Petersburg, FLRent $1,663 · Income $75,192Port St. Lucie, FLRent $1,937 · Income $80,648

Cities with a similar cost of living

San Marcos, TXRent $1,322 · Income $51,281Maple Heights, OHRent $1,338 · Income $53,414Trenton, NJRent $1,294 · Income $52,537Newark, NJRent $1,392 · Income $52,060Union City, GARent $1,330 · Income $49,549Oildale, CARent $1,281 · Income $51,298

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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