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Cost of Living in Flagler Beach

Is it better to rent or buy in Flagler Beach? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$87,138
$1,425/mo

Median in area: $1,425

$538,977

Median in area: $538,977

$107,795

If you Rent

$1,558 /mo
Base Rent$1,425
Est. Utilities$133
% of Income21.5%
Pre-tax Residual$5,704

If you Buy

$3,580 /mo
P&I (6.85%)$2,825
Taxes & Ins$622
Est. Utilities$133
% of Income49.3%
Pre-tax Residual$3,681

Cost of Living FAQs

Is it cheaper to rent or buy in Flagler Beach?

Based on median housing data, renting is currently more affordable on a monthly basis in Flagler Beach. The estimated all-in monthly cost for renting is $1,558, while owning a median-priced home with a 20% down payment is roughly $3,580 per month (a difference of $2,022).

How much do utilities cost in Flagler Beach?

The average monthly utility cost (electricity and natural gas) for a typical home in Flagler Beach is approximately $133. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Flagler Beach?

To comfortably afford the median rent and utilities in Flagler Beach without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $62,320 per year.