Alafaya, FL vs New Smyrna Beach, FL

New Smyrna Beach is moderately more affordable than Alafaya, with a 7.8% lower cost of living index. Alafaya scores 123 compared to 114 for New Smyrna Beach, where the US average is 100. This difference means residents of Alafaya can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Alafaya is $1,834/month compared to $1,638/month in New Smyrna Beach — a 12% difference. Home values follow the same pattern: New Smyrna Beach is more affordable at $365,900 median vs $391,900.

Median household income in Alafaya is $98,289 compared to $78,373 in New Smyrna Beach (+25.4%). While Alafaya is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Alafaya spend roughly 22.4% of their income on rent, less than the 25.1% in New Smyrna Beach.