Median rent is 25% lower in Ormond Beach ($1,332/mo vs $1,779/mo). Buying is cheaper in Ormond Beach, where the median home runs $320,300 versus $751,700. Households earn more in New York ($79,713 vs $67,482 a year). Taken together, Ormond 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
Ormond Beach is 13% cheaper overall
Cost index: 98.8 in Ormond Beach vs 113.0 in New York (US average = 100)
City A
New York, NY
City B
Ormond Beach, FL
How much would you need to earn in Ormond Beach, FL to maintain your standard of living from New York, NY?
Equivalent salary in Ormond Beach, FL
$65,588
You could earn $9,412 less (13% lower) and break even.
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
New York
New York
Ormond Beach
Florida
👥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 Ormond Beach — median rent of $1,332/mo versus $1,779/mo in New York, a 25% difference. Home buyers face a steeper market in New York: the median home is $751,700 versus $320,300 in Ormond Beach — 57% 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 Ormond Beach a clear advantage for high earners. Sales tax is 4.00% in New York and 6.00% in Florida; New York has the lower rate (local add-ons may apply in both).
New York
Income tax: 10.90%
Sales tax: 4.00%
Ormond Beach
Income tax: None
Sales tax: 6.00%
Air quality data is available for New York (avg AQI 61.0) but not yet for Ormond Beach.
Pick Ormond 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 Ormond Beach if you prioritize cheaper rent ($1,332/mo median).
Pick Ormond Beach if you prioritize no state income tax.
Is New York cheaper than Ormond Beach?
Ormond 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 Ormond Beach.
How much is rent in New York vs Ormond Beach?
Median rent is $1,779/mo in New York, NY and $1,332/mo in Ormond Beach, FL. Ormond Beach, FL has the lower rent by about 25%.
Which has higher salaries — New York or Ormond Beach?
Median household income is $79,713 in New York, NY and $67,482 in Ormond Beach, FL. 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 — New York or Ormond Beach?
Florida has no state income tax. New York has a top rate of 10.90%.
What salary do I need in Ormond Beach to match my New York income?
To maintain the same purchasing power, a salary of $100,000 in New York, NY is equivalent to roughly $87,451 in Ormond Beach, FL (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