Median rent is 30% lower in Daytona Beach ($1,239/mo vs $1,779/mo). Buying is cheaper in Daytona Beach, where the median home runs $244,300 versus $751,700. Households earn more in New York ($79,713 vs $50,130 a year). Taken together, Daytona Beach is the more affordable choice with a cost index of 98.8 against 113.0 — about 13% lower overall prices. After adjusting income for local prices, a typical paycheck stretches further in New York, NY.
Quick verdict
Daytona Beach is 13% cheaper overall
Cost index: 98.8 in Daytona Beach vs 113.0 in New York (US average = 100)
City A
Daytona Beach, FL
City B
New York, NY
How much would you need to earn in New York, NY to maintain your standard of living from Daytona Beach, FL?
Equivalent salary in New York, NY
$85,763
You'd need $10,763 more (14% 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
New York
New York
👥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
Renters will find significantly cheaper housing in Daytona Beach — median rent of $1,239/mo versus $1,779/mo in New York, a 30% difference. Home buyers face a steeper market in New York: the median home is $751,700 versus $244,300 in Daytona Beach — 68% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Florida has no state income tax, while New York tops out at 10.90% — giving Daytona Beach a clear advantage for high earners. Sales tax is 6.00% in Florida and 4.00% in New York; New York has the lower rate (local add-ons may apply in both).
Daytona Beach
Income tax: None
Sales tax: 6.00%
New York
Income tax: 10.90%
Sales tax: 4.00%
Air quality data is available for New York (avg AQI 61.0) but not yet for Daytona Beach.
Pick Daytona Beach if you prioritize lower overall cost of living (index 98.8 vs 113.0).
Pick New York if you prioritize higher median household income ($79,713/yr).
Pick Daytona Beach if you prioritize cheaper rent ($1,239/mo median).
Pick Daytona Beach if you prioritize no state income tax.
Is Daytona Beach cheaper than New York?
Daytona Beach is cheaper overall, with a cost of living index of 98.8 versus 113.0 (US average = 100). That means prices run about 13% lower in Daytona Beach.
How much is rent in Daytona Beach vs New York?
Median rent is $1,239/mo in Daytona Beach, FL and $1,779/mo in New York, NY. Daytona Beach, FL has the lower rent by about 30%.
Which has higher salaries — Daytona Beach or New York?
Median household income is $50,130 in Daytona Beach, FL and $79,713 in New York, NY. New York, NY 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 New York?
Florida has no state income tax. New York has a top rate of 10.90%.
What salary do I need in New York 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 $114,350 in New York, NY (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