Cost of Living in DeLand Southwest, FL

With a cost of living index of 96, DeLand Southwest, FL is slightly more affordable than average. Living here is 4% cheaper than the national average and 14% below the Florida state average of 110. DeLand Southwest is a small community of 1,042 residents.

Housing costs are the biggest factor in DeLand Southwest's cost of living. The median monthly rent is $1,305 (1% below the US median of $1,319), and the median home value sits at $262,500 (14% below the national median of $304,900). At current prices, the median home costs roughly 6.5x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in DeLand Southwest is $40,670, which is 46% lower than the national median of $75,149. Residents spend roughly 39% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened.

Everyday prices in the Deltona-Daytona Beach-Ormond Beach, FL (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.