Salary Needed to Live in Daytona Beach as a Single
A single adult living independently needs approximately $19,163/year to live comfortably in Daytona Beach, FL — including 10% savings.
Comfortable Salary
$19,163
with 10% savings
Bare Minimum
$16,608
no savings buffer
Monthly Expenses
$1,038
5% below national avg
Detailed Monthly Budget for a Single in Daytona Beach
| Expense | Daytona Beach | Nat'l Avg | Diff |
|---|---|---|---|
| 🏠 Studio/1BR Rent | $131 | $113 | +16% |
| 🛒 Groceries | $17 | $17 | 0% |
| ⚡ Utilities | $14 | $14 | 0% |
| 🚗 Transportation | $25 | $26 | -4% |
| 🛡️ Car Insurance | $189 | $223 | -15% |
| 🏥 Health Insurance | $55 | $56 | -2% |
| Internet | $61 | $65 | -6% |
| Phone | $80 | $85 | -6% |
| Dining & Social | $282 | $300 | -6% |
| Entertainment | $113 | $120 | -6% |
| Personal Care | $71 | $75 | -5% |
| Total Monthly | $1,038 | $1,094 | -5% |
How We Calculated the Salary
Monthly expenses:$1,038
Target savings (10%):$133/mo
Monthly after-tax needed:$1,171
Effective tax rate:25%
Gross annual salary needed:$19,163
Other Household Types in Daytona Beach
Related Pages
FAQ
What salary does a single person need in Daytona Beach?
A single person needs approximately $19,163/year ($1,597/month gross) to live comfortably in Daytona Beach with a 10% savings rate.
How much is rent for a single person in Daytona Beach?
A studio/1br in Daytona Beach costs approximately $131/month, which is the largest single expense at 13% of the total budget.
Is Daytona Beach affordable for a single person?
Daytona Beach is roughly average for single person costs, requiring a salary close to the national median.