Cost of Living in Daytona beach, FL
Housing
The housing market plays a significant role in determining the cost of living in Daytona beach, FL.
- Housing Index: 120.0 / 100
- Median Home Price is: $282000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1920 per month
Analyzing the data for Daytona beach, FL, we see that the housing index stands at 120.0, indicating that the cost of living is somewhat elevated compared to other cities. The median home price is quite reasonable at 282000, suggesting potential for long-term investment. However, with average rent for a 2BR apartment at 1800 and a house at 1920, the rental market is also competitive. Prospective movers should evaluate their budget and lifestyle needs against these figures. Remember, a higher housing index can often correlate with better job opportunities and local amenities.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Daytona beach, FL.
- Electricity Price: $13.89 USD (median by state)
- Natural Gas Price: $26.13 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Daytona beach, FL could entail higher utility costs. Electricity costs sit at $13.89, while natural gas is priced at $26.13 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Daytona beach is a financially viable option for your relocation.