Milton, FL vs New Smyrna Beach, FL

There is a significant gap in the cost of living between these two cities. Milton is 15.8% cheaper than New Smyrna Beach. With a cost index of 96 vs 114, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Milton to New Smyrna Beach should plan for substantially higher expenses across most categories.

On the housing front, median rent in Milton is $1,542/month compared to $1,638/month in New Smyrna Beach — a 6% difference. Home values follow the same pattern: Milton is more affordable at $195,600 median vs $365,900.

Median household income in Milton is $72,676 compared to $78,373 in New Smyrna Beach (-7.3%). New Smyrna Beach does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Milton spend roughly 25.5% of their income on rent, more than the 25.1% in New Smyrna Beach.

Climate-wise, both cities share similar average temperatures (69.2°F vs 71.5°F). Milton receives more rainfall at 66.4" per year compared to 51.3" in New Smyrna Beach.