Daytona Beach Shores, FL vs St. Augustine, FL

Daytona Beach Shores, FL and St. Augustine, FL have a very similar cost of living, with only a 2.6% difference in their overall index. Daytona Beach Shores scores 113 while St. Augustine scores 116 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Daytona Beach Shores is $1,461/month compared to $1,560/month in St. Augustine — a 6% difference. Interestingly, home values tell a different story: while Daytona Beach Shores has cheaper rent, St. Augustine actually has lower median home values ($409,200 vs $410,800).

Median household income in Daytona Beach Shores is $70,911 compared to $80,473 in St. Augustine (-11.9%). While St. Augustine is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Daytona Beach Shores spend roughly 24.7% of their income on rent, more than the 23.3% in St. Augustine.