What is the cost of living in Cape Canaveral, FL?
According to the most recent data on the cost of living, Cape Canaveral has an overall cost of living index of 111, which is 1.1x higher than the national index of 100.
Compared to Florida, Cape Canaveral has a cost of living index that's 1.1x higher than Florida's index of 104.
The standard of living in Cape Canaveral ranks as #234 most affordable out of the 462 places we measured in Florida. By definition, that implies Cape Canaveral ranks as the #228 most expensive place in the Sunshine State.
For more reading on life in Cape Canaveral, check out:
Cape Canaveral Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Cape Canaveral. Here is how it fares on each of the criteria:
The Services index in Cape Canaveral is 102.
The Groceries index in Cape Canaveral is 101.
The Health index in Cape Canaveral is 127.
The Housing index in Cape Canaveral is 105.
The Transportation index in Cape Canaveral is 113.
The Utilities index in Cape Canaveral is 107.
| Living Expense | Cape Canaveral | Florida | National Average |
|---|---|---|---|
| Overall | 111 | 104 | 100 |
| Services | 102 | 101 | 100 |
| Groceries | 101 | 105 | 100 |
| Health | 127 | 99 | 100 |
| Housing | 105 | 104 | 100 |
| Transportation | 113 | 109 | 100 |
| Utilities | 107 | 105 | 100 |
Cape Canaveral Cost Of Living Compared To Florida Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Florida, check out:
Protect your home budget Compare home warranties in Cape Canaveral Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Cape Canaveral, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Cape Canaveral is $315,154.
The Median Rent in Cape Canaveral is $1,318.
The Median Income in Cape Canaveral is $67,276.
The Home Value To Income in Cape Canaveral is 4.7x.
The Rent To Monthly Income in Cape Canaveral is 0.24x.
| Statistic | Cape Canaveral | Florida | United States |
|---|---|---|---|
| Median Home Value | $315,154 | $375,661 | $332,700 |
| Median Rent | $1,318 | $1,669 | $1,413 |
| Median Income | $67,276 | $74,568 | $80,734 |
| Home Value To Income | 4.7x | 5.0x | 4.1x |
| Rent To Monthly Income | 0.24x | 0.27x | 0.21x |
Cape Canaveral, FL Costs By Category
Detailed Cape Canaveral Services costs vs. Florida
| Item | Cape Canaveral | Florida |
|---|---|---|
| Shampoo | $1.48 | $1.28 |
| Movie | $13.54 | $12.13 |
| Bowling | $19.87 | $18 |
| Haircut | $26.53 | $24.26 |
| Beauty Salon | $55.13 | $45.56 |
Detailed Cape Canaveral Groceries costs vs. Florida
| Item | Cape Canaveral | Florida |
|---|---|---|
| Ground Beef | $6.26 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.58 | $4.67 |
| Potatoes | $5.23 | $4.93 |
| Pizza | $13.13 | $12.09 |
| Beer | $11.07 | $10.41 |
| Toothpaste | $3.84 | $3.7 |
Detailed Cape Canaveral Health costs vs. Florida
| Item | Cape Canaveral | Florida |
|---|---|---|
| Optometrist | $118.44 | $125.68 |
| Doctor | $137.0 | $135.78 |
| Dentist | $125.36 | $113.29 |
Detailed Cape Canaveral Transportation costs vs. Florida
| Item | Cape Canaveral | Florida |
|---|---|---|
| Gasoline | $3.39 | $3.46 |
| Tire Balancing | $57.07 | $59.92 |
Detailed Cape Canaveral Utilities costs vs. Florida
| Item | Cape Canaveral | Florida |
|---|---|---|
| All Electricity | $190.71 | $193.99 |
| Phone | $194.67 | $192.25 |
Cape Canaveral SnackAbility
Cost Of Living In Cities Around Cape Canaveral
The cost of living varies in the cities and towns around Cape Canaveral. Here's a quick look at the cost of living in the most populous nearby places:
Melbourne, FL has a cost of living index of 106, 1.0x Cape Canaveral.
Titusville, FL has a cost of living index of 102, 0.9x Cape Canaveral.
Merritt Island, FL has a cost of living index of 116, 1.0x Cape Canaveral.
| City | Population | Cost Of Living | Vs. Cape Canaveral |
|---|---|---|---|
| Melbourne, FL | 86,576 | 106 | 1.0x |
| Titusville, FL | 49,385 | 102 | 0.9x |
| Merritt Island, FL | 34,992 | 116 | 1.0x |
| Rockledge, FL | 29,133 | 112 | 1.0x |
| Port St. John, FL | 25,120 | 104 | 0.9x |
| Cocoa, FL | 19,554 | 97 | 0.9x |
| Viera West, FL | 17,984 | 133 | 1.2x |
| Viera East, FL | 12,570 | 117 | 1.1x |
| Cocoa Beach, FL | 11,377 | 121 | 1.1x |
| Satellite Beach, FL | 11,313 | 125 | 1.1x |
