Salary Needed to Live in Daytona Beach as a Family
A family of four (2 adults, 2 children) needs approximately $55,820/year to live comfortably in Daytona Beach, FL — including 15% savings.
Comfortable Salary
$55,820
with 15% savings
Bare Minimum
$44,656
no savings buffer
Monthly Expenses
$2,791
5% below national avg
Detailed Monthly Budget for a Family in Daytona Beach
| Expense | Daytona Beach | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 3BR Apartment/House Rent | $244 | $209 | +17% |
| 🛒 Groceries | $44 | $44 | 0% |
| ⚡ Utilities | $28 | $28 | 0% |
| 🚗 Transportation | $41 | $44 | -7% |
| 🛡️ Car Insurance | $189 | $223 | -15% |
| 🏥 Health Insurance | $55 | $56 | -2% |
| Childcare/After-school | $1,128 | $1,200 | -6% |
| Internet + Phones | $169 | $180 | -6% |
| Children Activities | $235 | $250 | -6% |
| Dining Out | $329 | $350 | -6% |
| School Supplies & Clothing | $188 | $200 | -6% |
| Healthcare Co-pays | $141 | $150 | -6% |
| Total Monthly | $2,791 | $2,934 | -5% |
How We Calculated the Salary
Monthly expenses:$2,791
Target savings (15%):$616/mo
Monthly after-tax needed:$3,407
Effective tax rate:25%
Gross annual salary needed:$55,820
Other Household Types in Daytona Beach
Related Pages
FAQ
What salary does a family with kids need in Daytona Beach?
A family with kids needs approximately $55,820/year ($4,652/month gross) to live comfortably in Daytona Beach with a 15% savings rate.
How much is rent for a family with kids in Daytona Beach?
A 3br apartment/house in Daytona Beach costs approximately $244/month, which is the largest single expense at 9% of the total budget.
Is Daytona Beach affordable for a family with kids?
Daytona Beach is roughly average for family with kids costs, requiring a salary close to the national median.