Cost of living in Ormond-by-the-Sea 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-by-the-Sea 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-by-the-Sea is 96, with 100 being the average.
The cost of living index in Ormond-by-the-Sea is 1.0x lower than the national average.
Ormond-by-the-Sea ranks as the #186 cheapest in Florida out of 459.
Ormond-by-the-Sea ranks as the #2,601 cheapest out of 6,412 in the US.
The median home value in Ormond-by-the-Sea is $259,700.
The median income in Ormond-by-the-Sea is $53,328.
According to the most recent data on the cost of living, Ormond-by-the-Sea has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to Florida, Ormond-by-the-Sea has a cost of living index that's 1.0x lower than Florida's index of 101.
The standard of living in Ormond-by-the-Sea ranks as #186 most affordable out of the 459 places we measured in Florida. By definition, that implies Ormond-by-the-Sea ranks as the #273 most expensive place in the Sunshine State.
For more reading on life in Ormond-by-the-Sea, check out:
Six factors go into calculating the cost of living index in Ormond-by-the-Sea. Here is how it fairs on each of the criteria:
The Services index in Ormond-by-the-Sea is 96.
The Groceries index in Ormond-by-the-Sea is 98.
The Health index in Ormond-by-the-Sea is 86.
The Housing index in Ormond-by-the-Sea is 95.
The Transportation index in Ormond-by-the-Sea is 95.
The Utilities index in Ormond-by-the-Sea is 93.
Living Expense | Ormond-by-the-Sea | Florida | National Average | |
---|---|---|---|---|
Overall | 96 | 101 | 100 | |
Services | 96 | 98 | 100 | |
Groceries | 98 | 101 | 100 | |
Health | 86 | 96 | 100 | |
Housing | 95 | 108 | 100 | |
Transportation | 95 | 98 | 100 | |
Utilities | 93 | 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-by-the-Sea is $259,700.
The Median Rent in Ormond-by-the-Sea is $1,165.
The Median Income in Ormond-by-the-Sea is $53,328.
The Home Value To Income in Ormond-by-the-Sea is 4.9x.
The Rent To Monthly Income in Ormond-by-the-Sea is 0.26x.
Statistic | Ormond-by-the-Sea | Florida | United States |
---|---|---|---|
Median Home Value | $259,700 | $248,700 | $244,900 |
Median Rent | $1,165 | $1,301 | $1,163 |
Median Income | $53,328 | $61,777 | $69,021 |
Home Value To Income | 4.9x | 4.0x | 3.5x |
Rent To Monthly Income | 0.26x | 0.25x | 0.2x |
Item | Ormond-by-the-Sea | 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-by-the-Sea | 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-by-the-Sea | Florida |
---|---|---|
Optometrist | $64.41 | $108.57 |
Doctor | $100.7 | $116.17 |
Dentist | $85.69 | $99.13 |
Item | Ormond-by-the-Sea | Florida |
---|---|---|
Gasoline | $2.16 | $2.22 |
Tire Balancing | $46.83 | $50.07 |
Item | Ormond-by-the-Sea | Florida |
---|---|---|
All Electricity | $146.61 | $167.67 |
Phone | $187.82 | $175.64 |
The cost of living varies in the cities and towns around Ormond-by-the-Sea. 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-by-the-Sea.
Daytona Beach, FL has a cost of living index of 89, 0.9x Ormond-by-the-Sea.
Port Orange, FL has a cost of living index of 93, 1.0x Ormond-by-the-Sea.
City | Population | Cost Of Living | Vs. Ormond-by-the-Sea |
---|---|---|---|
Palm Coast, FL | 88,313 | 99 | 1.0x |
Daytona Beach, FL | 71,041 | 89 | 0.9x |
Port Orange, FL | 62,197 | 93 | 1.0x |
Ormond Beach, FL | 42,707 | 97 | 1.0x |
South Daytona, FL | 12,984 | 90 | 0.9x |
Holly Hill, FL | 12,833 | 82 | 0.9x |
Flagler Beach, FL | 5,064 | 107 | 1.1x |