Median rent is 3% lower in Georgetown ($1,199/mo vs $1,239/mo). Buying is cheaper in Georgetown, where the median home runs $244,200 versus $244,300. Households earn more in Georgetown ($78,373 vs $50,130 a year). Taken together, Daytona Beach is the more affordable choice with a cost index of 98.8 against 98.8 — about 0% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in Georgetown, KY.
City A
Daytona Beach, FL
City B
Georgetown, KY
How much would you need to earn in Georgetown, KY to maintain your standard of living from Daytona Beach, FL?
Equivalent salary in Georgetown, KY
$75,002
You'd need $2 more (0% higher).
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Daytona Beach
Florida
Georgetown
Kentucky
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Median rents are similar in both cities: $1,239/mo in Daytona Beach and $1,199/mo in Georgetown. Median home values are within 0% of each other: $244,300 in Daytona Beach and $244,200 in Georgetown.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Florida has no state income tax, while Kentucky tops out at 4.00% — giving Daytona Beach a clear advantage for high earners. Sales tax is 6.00% in Florida and 6.00% in Kentucky; Georgetown has the lower rate (local add-ons may apply in both).
Daytona Beach
Income tax: None
Sales tax: 6.00%
Georgetown
Income tax: 4.00%
Sales tax: 6.00%
Air quality data is not yet available for these cities.
Pick Georgetown if you prioritize higher median household income ($78,373/yr).
Pick Daytona Beach if you prioritize no state income tax.
Is Daytona Beach cheaper than Georgetown?
Daytona Beach is cheaper overall, with a cost of living index of 98.8 versus 98.8 (US average = 100). That means prices run about 0% lower in Daytona Beach.
How much is rent in Daytona Beach vs Georgetown?
Median rent is $1,239/mo in Daytona Beach, FL and $1,199/mo in Georgetown, KY. Georgetown, KY has the lower rent by about 3%.
Which has higher salaries — Daytona Beach or Georgetown?
Median household income is $50,130 in Daytona Beach, FL and $78,373 in Georgetown, KY. Georgetown, KY has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Daytona Beach or Georgetown?
Florida has no state income tax. Kentucky has a top rate of 4.00%.
What salary do I need in Georgetown to match my Daytona Beach income?
To maintain the same purchasing power, a salary of $100,000 in Daytona Beach, FL is equivalent to roughly $100,002 in Georgetown, KY (using the BEA Regional Price Parity ratio). Use the salary calculator above for any income amount.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology