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Cost of Living in Volusia County

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

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Rent vs. Buy Affordability Calculator

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

$73,403
$1,603/mo

Median in area: $1,603

$303,516

Median in area: $303,516

$60,703

If you Rent

🔑
$1,760 /mo
Base Rent$1,603
Est. Utilities$157
% of Income28.8%
Pre-tax Residual$4,357

If you Buy

🏠
$2,117 /mo
P&I (6.994%)$1,614
Taxes & Ins$346
Est. Utilities$157
% of Income34.6%
Pre-tax Residual$3,999

Compare Nearby Areas

See how Volusia County stacks up against neighboring areas.

Cost of Living FAQs

Is it cheaper to rent or buy in Volusia County?

Based on median housing data, renting is currently more affordable on a monthly basis in Volusia County. The estimated all-in monthly cost for renting is $1,760, while owning a median-priced home with a 20% down payment is roughly $2,117 per month (a difference of $357).

How much do utilities cost in Volusia County?

The average monthly utility cost (electricity and natural gas) for a typical home in Volusia County is approximately $157. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Volusia County?

To comfortably afford the median rent and utilities in Volusia County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $70,400 per year.