Cost of Living in Cape Coral, FL

Lee County · 2026 Data · 2 nearby cities in county

COL Index
100
vs FL Avg
-5
Median Income
$62K

Cost of Living Breakdown

Overall Cost of Living
100vs 100 US avg
Below avg
Near avg
Above avg
High
Housing
US avg = 100100
Groceries
US avg = 100100
Healthcare
US avg = 10098
Transportation
US avg = 100103
Utilities
US avg = 100101

Housing & Income in Cape Coral

Median Home Price
$385,000
Estimated market price
Median Monthly Rent
$2,000
All unit types
Median Household Income
$62,000
Annual, pre-tax
Est. Monthly Payment
$1,892
20% down, 30yr fixed
Property Tax Rate
0.9%
~$3,465/yr
Price-to-Rent Ratio
16.0x
<15 favors buying

About Living in Cape Coral

Cape Coral has more canal miles than any city in the world — a boater's paradise with affordable waterfront homes and a fast-growing economy.

With a cost of living index of 100, Cape Coral is 0% below the US average and 5 points below the Florida average of 105. The median household income of $62,000 supports a home-price-to-income ratio of 6.2x — above the recommended 4–5x threshold.

FAQ

Common questions about cost of living in Cape Coral

What is the cost of living in Cape Coral, FL?

Cape Coral's overall cost of living index is 100 compared to the US average of 100. Housing (100) is the main driver, with groceries at 100, healthcare at 98, transportation at 103, and utilities at 101.

Is Cape Coral affordable to live in?

Cape Coral is near the national average with a COL index of 100. It offers a balance of amenities and affordability. Median rent is $2,000/mo.

How does Cape Coral compare to the Florida average?

Cape Coral's COL index of 100 is 5 points below the Florida average of 105. It's one of Florida's more budget-friendly options.