Salary Needed to Live in Daytona Beach as a Family
A family of four (2 adults, 2 children) needs approximately $122,540/year to live comfortably in Daytona Beach, FL, including 15% savings.
Direct Answer
A family with kids needs about $122,540/year to live comfortably in Daytona Beach, FL. The bare-minimum salary is $98,032/year, but the comfortable figure includes a 15% savings target and a monthly after-tax budget of $7,479.
The minimum scenario leaves about $6,127/mo after tax and no planned savings. The comfortable scenario uses $10,212/mo gross pay to cover expenses, taxes, and a savings buffer.
Hybrid salary estimateBLS, HUD, ACS inputsLast verified May 2026
Comfortable Salary
$122,540
with 15% savings
Bare Minimum
$98,032
$8,169/mo gross, no savings buffer
Monthly Expenses
$6,127
14% below national avg
Detailed Monthly Budget for a Family in Daytona Beach
| Expense | Daytona Beach | Nat'l Avg | Diff |
|---|---|---|---|
| 3BR Apartment/House Rent | $1,726 | $2,509 | -31% |
| Groceries | $529 | $528 | 0% |
| Utilities | $338 | $337 | 0% |
| Transportation | $491 | $526 | -7% |
| Car Insurance | $189 | $223 | -15% |
| Health Insurance | $664 | $672 | -1% |
| Childcare/After-school | $1,128 | $1,200 | -6% |
| Internet + Phones | $169 | $180 | -6% |
| Children Activities | $235 | $250 | -6% |
| Dining Out | $329 | $350 | -6% |
| School Supplies & Clothing | $188 | $200 | -6% |
| Healthcare Co-pays | $141 | $150 | -6% |
| Total Monthly | $6,127 | $7,125 | -14% |
How We Calculated the Salary
Monthly expenses:$6,127
Target savings (15%):$1,352/mo
Monthly after-tax needed:$7,479
Effective tax rate:25%
Gross annual salary needed:$122,540
What Drives the Salary Number?
Housing
$1,726
3BR Apartment/House rent is 28% of this monthly budget.
Taxes
25%
Estimated federal plus FL state tax reserve used to convert take-home needs into gross salary.
Savings target
15%
$1,352/mo is reserved for savings so the salary is not just break-even.
Local index
94/100
Daytona Beach is below the national baseline; the model adjusts baseline spending by local rent and cost data.
Compare Salary Needed in Nearby south Cities
Salary Planning Checklist
- Keep 3br apartment/house housing near $1,726/mo or adjust the salary target upward.
- Budget $2,190/mo for persona-specific costs such as Childcare/After-school and Internet + Phones.
- Use $98,032/year as the survival floor and $122,540/year as the healthier negotiation target.
Other Household Types in Daytona Beach
Related Pages
FAQ
What salary does a family with kids need in Daytona Beach?
A family with kids needs approximately $122,540/year ($10,212/month gross) to live comfortably in Daytona Beach with a 15% savings rate.
How much is rent for a family with kids in Daytona Beach?
A 3br apartment/house in Daytona Beach costs approximately $1,726/month, which is the largest single expense at 28% of the total budget.
Is Daytona Beach affordable for a family with kids?
Yes, Daytona Beach is 14% more affordable than the national average for a family with kids.