Salary Needed to Live in Daytona Beach as a Single
A single adult living independently needs approximately $56,529/year to live comfortably in Daytona Beach, FL, including 10% savings.
Direct Answer
A single person needs about $56,529/year to live comfortably in Daytona Beach, FL. The bare-minimum salary is $48,992/year, but the comfortable figure includes a 10% savings target and a monthly after-tax budget of $3,455.
The minimum scenario leaves about $3,062/mo after tax and no planned savings. The comfortable scenario uses $4,711/mo gross pay to cover expenses, taxes, and a savings buffer.
Hybrid salary estimateBLS, HUD, ACS inputsLast verified May 2026
Comfortable Salary
$56,529
with 10% savings
Bare Minimum
$48,992
$4,083/mo gross, no savings buffer
Monthly Expenses
$3,062
15% below national avg
Detailed Monthly Budget for a Single in Daytona Beach
| Expense | Daytona Beach | Nat'l Avg | Diff |
|---|---|---|---|
| Studio/1BR Rent | $930 | $1,351 | -31% |
| Groceries | $208 | $207 | 0% |
| Utilities | $169 | $169 | 0% |
| Transportation | $295 | $316 | -7% |
| Car Insurance | $189 | $223 | -15% |
| Health Insurance | $664 | $672 | -1% |
| Internet | $61 | $65 | -6% |
| Phone | $80 | $85 | -6% |
| Dining & Social | $282 | $300 | -6% |
| Entertainment | $113 | $120 | -6% |
| Personal Care | $71 | $75 | -5% |
| Total Monthly | $3,062 | $3,583 | -15% |
How We Calculated the Salary
Monthly expenses:$3,062
Target savings (10%):$393/mo
Monthly after-tax needed:$3,455
Effective tax rate:25%
Gross annual salary needed:$56,529
What Drives the Salary Number?
Housing
$930
Studio/1BR rent is 30% of this monthly budget.
Taxes
25%
Estimated federal plus FL state tax reserve used to convert take-home needs into gross salary.
Savings target
10%
$393/mo is reserved for savings so the salary is not just break-even.
Local index
94/100
Daytona Beach is below the national baseline; the model adjusts baseline spending by local rent and cost data.
Compare Salary Needed in Nearby south Cities
Salary Planning Checklist
- Keep studio/1br housing near $930/mo or adjust the salary target upward.
- Budget $607/mo for persona-specific costs such as Internet and Phone.
- Use $48,992/year as the survival floor and $56,529/year as the healthier negotiation target.
Other Household Types in Daytona Beach
Related Pages
FAQ
What salary does a single person need in Daytona Beach?
A single person needs approximately $56,529/year ($4,711/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 $930/month, which is the largest single expense at 30% of the total budget.
Is Daytona Beach affordable for a single person?
Yes, Daytona Beach is 15% more affordable than the national average for a single person.