Cost of living in Ormond Beach research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Ormond Beach is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Ormond Beach is 97, with 100 being the average.
The cost of living index in Ormond Beach is 1.0x lower than the national average.
Ormond Beach ranks as the #203 cheapest in Florida out of 459.
Ormond Beach ranks as the #2,747 cheapest out of 6,412 in the US.
The median home value in Ormond Beach is $239,200.
The median income in Ormond Beach is $60,229.
According to the most recent data on the cost of living, Ormond Beach has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Florida, Ormond Beach has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Ormond Beach ranks as #203 most affordable out of the 459 places we measured in Florida. By definition, that implies Ormond Beach ranks as the #256 most expensive place in the Sunshine State.
For more reading on life in Ormond Beach, check out:
Six factors go into calculating the cost of living index in Ormond Beach. Here is how it fairs on each of the criteria:
The Services index in Ormond Beach is 98.
The Groceries index in Ormond Beach is 101.
The Health index in Ormond Beach is 89.
The Housing index in Ormond Beach is 95.
The Transportation index in Ormond Beach is 98.
The Utilities index in Ormond Beach is 95.
Living Expense | Ormond Beach | Florida | National Average | |
---|---|---|---|---|
Overall | 97 | 101 | 100 | |
Services | 98 | 98 | 100 | |
Groceries | 101 | 101 | 100 | |
Health | 89 | 96 | 100 | |
Housing | 95 | 108 | 100 | |
Transportation | 98 | 98 | 100 | |
Utilities | 95 | 100 | 100 |
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Ormond Beach is $239,200.
The Median Rent in Ormond Beach is $1,184.
The Median Income in Ormond Beach is $60,229.
The Home Value To Income in Ormond Beach is 4.0x.
The Rent To Monthly Income in Ormond Beach is 0.24x.
Statistic | Ormond Beach | Florida | United States |
---|---|---|---|
Median Home Value | $239,200 | $248,700 | $244,900 |
Median Rent | $1,184 | $1,301 | $1,163 |
Median Income | $60,229 | $61,777 | $69,021 |
Home Value To Income | 4.0x | 4.0x | 3.5x |
Rent To Monthly Income | 0.24x | 0.25x | 0.2x |
Item | Ormond Beach | Florida |
---|---|---|
Shampoo | $1.35 | $1.06 |
Movie | $11.91 | $10.68 |
Bowling | $14.06 | $14.67 |
Haircut | $21.82 | $18.62 |
Beauty Salon | $39.92 | $39.05 |
Item | Ormond Beach | Florida |
---|---|---|
Ground Beef | $4.49 | $4.22 |
Fried Chicken | $1.83 | $1.39 |
Milk | $2.18 | $2.05 |
Potatoes | $3.43 | $3.29 |
Pizza | $10.14 | $10.62 |
Beer | $9.84 | $9.38 |
Toothpaste | $2.19 | $2.34 |
Item | Ormond Beach | Florida |
---|---|---|
Optometrist | $64.41 | $108.57 |
Doctor | $100.7 | $116.17 |
Dentist | $85.69 | $99.13 |
Item | Ormond Beach | Florida |
---|---|---|
Gasoline | $2.16 | $2.22 |
Tire Balancing | $46.83 | $50.07 |
Item | Ormond Beach | Florida |
---|---|---|
All Electricity | $146.61 | $167.67 |
Phone | $187.82 | $175.64 |
The cost of living varies in the cities and towns around Ormond Beach. Here's a quick look at the cost of living in the most populous nearby places:
Palm Coast, FL has a cost of living index of 99, 1.0x Ormond Beach.
Daytona Beach, FL has a cost of living index of 89, 0.9x Ormond Beach.
Port Orange, FL has a cost of living index of 93, 1.0x Ormond Beach.
City | Population | Cost Of Living | Vs. Ormond Beach |
---|---|---|---|
Palm Coast, FL | 88,313 | 99 | 1.0x |
Daytona Beach, FL | 71,041 | 89 | 0.9x |
Port Orange, FL | 62,197 | 93 | 1.0x |
South Daytona, FL | 12,984 | 90 | 0.9x |
Holly Hill, FL | 12,833 | 82 | 0.8x |
Ormond-by-the-Sea, FL | 6,414 | 96 | 1.0x |
Samsula-Spruce Creek, FL | 5,202 | 108 | 1.1x |
Flagler Beach, FL | 5,064 | 107 | 1.1x |