CostIndexUSA

Daytona Beach, FL vs Waco, TX Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Daytona Beach
99.4
overall index
$1,625/mo rent
More AffordableTX
Waco
92.6
overall index
$1,450/mo rent

Waco is moderately cheaper than Daytona Beach — 6.8% lower overall cost of living.

To match an $80,000 salary in Daytona Beach, you would need $74,500 in Waco. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing23.0%
Daytona Beach
108.4
Waco
83.5
🛒 Groceries2.5%
Daytona Beach
96.2
Waco
93.8
🚗 Transportation2.6%
Daytona Beach
103.8
Waco
101.1
🏥 Healthcare2.7%
Daytona Beach
93.9
Waco
91.4
Utilities7.5%
Daytona Beach
87.6
Waco
81

Salary Equivalency Calculator

Enter your current salary in Daytona Beach to see what you'd need to earn in Waco to maintain the same purchasing power.

$
Equivalent salary in Waco, TX
$74,500
$5,500 less needed in Waco

Formula: salary × (92.6 ÷ 99.4) = salary × 0.9316. Based on BEA Regional Price Parities.

Housing Market

Daytona Beach, FL

Median Home Price
$415,000
Median Monthly Rent
$1,625
Housing Index
108.4
Price-to-Rent Ratio
21.3×

Waco, TX

Median Home Price
$246,000
Median Monthly Rent
$1,450
Housing Index
83.5
Price-to-Rent Ratio
14.1×

Daytona Beach has 23.0% lower housing costs compared to Waco.

Income & Job Market

Daytona Beach, FL

Median Household Income
$67,200
Per Capita Income
$38,300
Unemployment Rate
3.9%
Population
71,922
Top Industries
TourismHealthcareManufacturingAutomotiveRetail

Waco, TX

Median Household Income
$62,700
Per Capita Income
$35,700
Unemployment Rate
3.7%
Population
138,486
Top Industries
EducationHealthcareManufacturingRetailAgriculture

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Daytona Beach, FL
3.4×income-to-rent ratio

71% of income left after rent (median)

Waco, TX
3.6×income-to-rent ratio

72% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.