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Palm Bay-Melbourne-Titusville, FL

Cost of living in Daytona Beach, Florida

Brevard County, FL

Part of the Palm Bay Metro Area

Estimated monthly cost
$3,317/mo
for a single person, all categories combined

Population 620,533 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $1,408 42%
Federal tax $505 15%
Healthcare $480 14%
Groceries $352 11%
Transport $320 10%
Energy $197 6%
Water $55 2%
State tax $0 0%

Rent in Daytona Beach

Fair Market Rents by bedroom count.

Studio
$1,203
per month
1 bedroom
$1,408
per month
2 bedroom
$1,635
per month
3 bedroom
$2,224
per month
4 bedroom
$2,545
per month

Source: HUD FMR FY2025

Income and earnings in Daytona Beach

Annual earnings figures from the Census ACS.

Household income
$75,817
per year
Individual earnings
$40,908
per year
Per capita
$42,738
per year

Source: ACS 2019-2023 5-Year.

Home values in Daytona Beach

Average values reported by homeowners.

Average home value
$304,400
Annual property tax
$2,139

Source: ACS 2019-2023 5-Year

Energy costs in Daytona Beach

Estimated monthly electricity and gas costs.

Electricity
$176
per month · 16¢/kWh
Natural gas
$21
per month
Annual total
$2,364
per year

Source: EIA

Healthcare in Daytona Beach

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
9.9%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Daytona Beach

State and local tax rates for Florida.

No state income tax
Florida does not levy a personal income tax.
State sales tax
6.0%
Combined sales tax
7.0%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Daytona Beach

Commute patterns and estimated costs.

Average commute
25.4 min
Drive alone
76.1%
Public transit
0.6%
Work from home
13.2%

Source: ACS

Monthly cost estimates for Daytona Beach

What it costs to live in Daytona Beach each month.

Single person
$3,317
per month
  • Rent $1,408
  • Energy $197
  • Water $55
  • Groceries $352
  • Transport $320
  • Healthcare $480
  • Federal tax $505
  • State tax $0
Couple
$4,714
per month
  • Rent $1,635
  • Energy $236
  • Water $65
  • Groceries $583
  • Transport $420
  • Healthcare $864
  • Federal tax $911
  • State tax $0
Family
$7,461
per month
  • Rent $2,224
  • Energy $296
  • Water $75
  • Groceries $885
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $911
  • State tax $0

Frequently asked questions about Daytona Beach

Common questions about cost of living, rent and salary.

What is the average rent in Daytona Beach?

In Daytona Beach, Florida, a one-bedroom apartment averages $1,408 per month, a two-bedroom averages $1,635 per month, a three-bedroom averages $2,224 per month, according to HUD Fair Market Rent data.

What is the average salary in Daytona Beach?

In Daytona Beach, Florida, the average household income is $75,817 per year and individual earnings for full-time workers average $40,908 per year, according to U.S. Census Bureau data.

What is the cost of living in Daytona Beach?

The estimated cost of living in Daytona Beach, Florida is approximately $3,317 per month for a single person, $4,714 for a couple, $7,461 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Daytona Beach?

The combined sales tax rate in Daytona Beach, Florida is 7.01%, which includes the Florida state rate of 6.00% plus an average local rate of 1.01%.

Is Daytona Beach an affordable place to live?

Based on the data, a single person in Daytona Beach, Florida would need approximately $3,317 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $75,817 per year ($6,318 per month). Daytona Beach has a moderate cost of living relative to local earnings.

How much does healthcare cost in Daytona Beach?

The ACA marketplace benchmark premium in Daytona Beach, Florida is approximately $480 per month for an individual. Approximately 9.9% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Daytona Beach?

The average home value in Daytona Beach, Florida is $304,400, with average annual property taxes of $2,139, according to U.S. Census Bureau data.

How does Daytona Beach compare to other areas?

You can compare Daytona Beach, Florida with any other US county using our comparison tool at /compare. Daytona Beach is in the Palm Bay-Melbourne-Titusville, FL metro area.

Other counties in Florida

Browse the full list of counties in Florida, ranked by cost of living.

See all counties in Florida

Compare Daytona Beach with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources