Cost of Living in Ormond Beach, Florida: The 2026 Numbers
Ormond Beach is in Volusia County, Florida (ZIP codes 32174, 32176). · Homes for sale in Ormond Beach · Volusia County
Cost of living in Ormond Beach, FL (2026): owning the median home — $410,000 over the last 12 months of sales — costs about $2,989 a month with 20% down at 6.71% (principal and interest $2,119, Volusia County property tax about $576, insurance about $151 at the Citizens county average, and a typical HOA of $143). For comparison, a typical rental across the same ZIP codes runs about $1,938 a month (Zillow Observed Rent Index), so buying costs roughly $1,051 more per month than renting before equity and tax treatment. Florida has no state income tax; the costs that move the most between Florida cities are the home price, property tax at your purchase price, and insurance.
What it costs to own a home in Ormond Beach, line by line
The median Ormond Beach home sold for $410,000 over the last 12 months (429 closings across 192 communities), about $204 per square foot for a typical 1,994 sq ft. Here is what that home costs a new owner each month:
| Principal & interest (6.71%, 30-yr, 20% down) | $2,119 |
| Property tax (Volusia County, 19.21 mills, after $50,000 homestead) | $576 |
| Home insurance (Citizens Volusia County average) | $151 |
| HOA (median where one applies; 67% of listings) | $143 |
| Estimated monthly cost to own the median home | $2,989 |
Two of those lines are the ones out-of-state buyers get wrong. The property tax on a listing is the seller’s capped bill; yours resets to your purchase price at closing, so the figure above is the honest first-full-year number. And the insurance line is a county average from Citizens; a real quote on a specific roof and flood zone can be far from it in either direction.
Is it cheaper to buy or rent in Ormond Beach?
For buyers weighing the move from renting: the Zillow Observed Rent Index across the ZIP codes where Ormond Beach homes sell puts a typical rent at about $1,938 a month, up 4.4% over the past year. Owning the median home costs about $2,989, so the monthly gap is roughly $1,051 more to own before tax treatment, maintenance and equity. Across those ZIPs the median household income is about $67,817, and the price-to-income ratio runs about 5.5.
What your budget buys in Ormond Beach
Three price points from 629 recent closings, each with what actually sold within 10% of that price and what that home costs to own:
- Around $281,000: a 3-bed, 2-bath home of about 1,398 sq ft, built around 1974 — roughly $2,116/month to own (102 sales).
- Around $410,000: a 3-bed, 2-bath home of about 1,757 sq ft, built around 1979 — roughly $2,989/month to own (142 sales).
- Around $475,000: a 3-bed, 2-bath home of about 1,969 sq ft, built around 1981 — roughly $3,429/month to own (115 sales).
Property taxes in Ormond Beach
Volusia County’s typical total millage is 19.21 mills, about 1.92% of taxable value. After the $50,000 homestead exemption the median home’s bill is about $6,917 a year. Once you homestead, Florida’s Save Our Homes cap limits assessment growth to 3% a year, which is why long-time owners pay far less than a new buyer in the same house. Full worksheet: Volusia County property tax guide.
Home insurance in Ormond Beach
Citizens Property Insurance’s average premium in Volusia County is about $1,807 a year. Florida premiums are driven by roof age, wind-mitigation features, distance to the coast and the FEMA flood zone, which is why two houses on one street can quote thousands apart. Get a quote on the specific address before you write an offer, and order a wind-mitigation inspection on any older roof. See home insurance by county.
HOA and CDD fees in Ormond Beach
67% of current Ormond Beach listings carry an HOA, with a median of $143 a month where one applies. Where a community carries a CDD assessment it appears on the tax bill, not the HOA statement; ask for it on any home in a newer master-planned community. Neither is included in the monthly figure above unless the HOA line says so.
Ormond Beach compared with other Florida cities
Same method, same day, for the Florida cities we track most closely: median sale over the last 12 months and the monthly cost of owning that median home, the typical rent, and the county’s Citizens average premium.
| City | Median sale | Est. monthly to own | Median rent (ZORI) | Citizens avg premium |
|---|---|---|---|---|
| Hudson | $300,000 | $2,025 | $1,824 | $1,659 |
| Jacksonville | $316,000 | $2,222 | $1,627 | $1,315 |
| Pensacola | $329,000 | $2,339 | $1,800 | $2,364 |
| Plant City | $374,000 | $2,518 | $1,783 | $1,816 |
| St. Augustine | $420,000 | $2,817 | $2,062 | $1,378 |
| Kissimmee | $390,000 | $2,892 | $1,981 | $1,735 |
| Orlando | $408,000 | $2,928 | $1,994 | $1,409 |
| Dunedin | $422,000 | $2,941 | $2,060 | $1,911 |
| Yulee | $456,000 | $2,985 | $2,077 | $1,159 |
| Ormond Beach | $410,000 | $2,989 | $1,938 | $1,807 |
| Tampa | $430,000 | $3,004 | $1,939 | $1,816 |
| Wesley Chapel | $445,000 | $3,057 | $2,270 | $1,659 |
| West Palm Beach | $630,000 | $4,783 | $2,241 | $1,753 |
| Fort Lauderdale | $825,000 | $5,675 | $2,610 | $1,561 |
| Ponte Vedra Beach | $860,000 | $5,898 | $2,319 | $1,378 |
| Boca Raton | $1,018,000 | $7,565 | $3,035 | $1,753 |
What this page does not estimate
Groceries, utilities, transportation and healthcare vary less between Florida cities than housing does and are not modeled here; national cost-of-living indices cover them reasonably well. What those indices routinely miss is Florida homeowners insurance and the property-tax reset at purchase, which is why this page is built around them.
Common questions about the cost of living in Ormond Beach
How much does it cost to live in Ormond Beach, Florida?
Is Ormond Beach expensive to live in?
Is it cheaper to buy or rent in Ormond Beach?
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How much is home insurance in Ormond Beach?
Does Florida have a state income tax?
<a href="https://movewithmomentum.com/cost-of-living-ormond-beach">Cost of Living in Ormond Beach, FL (2026): $2,989/mo to Own the Median Home — Momentum Realty</a>Home prices and HOA figures are Momentum Realty’s MLS record of Ormond Beach communities as of 2026-09-11; rent, income and price-to-income are Zillow and Census figures by ZIP code pooled over the ZIPs where Ormond Beach homes sell; tax and insurance are Volusia County figures. Estimates, not quotes. General information, not financial advice. Equal Housing Opportunity.