What is the cost of living in Cape Coral, FL?
According to the most recent data on the cost of living, Cape Coral has an overall cost of living index of 112, which is 1.1x higher than the national index of 100.
Compared to Florida, Cape Coral has a cost of living index that's 1.1x higher than Florida's index of 104.
The standard of living in Cape Coral ranks as #248 most affordable out of the 462 places we measured in Florida. By definition, that implies Cape Coral ranks as the #214 most expensive place in the Sunshine State.
For more reading on life in Cape Coral, check out:
Cape Coral Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Cape Coral. Here is how it fares on each of the criteria:
The Services index in Cape Coral is 101.
The Groceries index in Cape Coral is 101.
The Health index in Cape Coral is 136.
The Housing index in Cape Coral is 100.
The Transportation index in Cape Coral is 116.
The Utilities index in Cape Coral is 104.
| Living Expense | Cape Coral | Florida | National Average |
|---|---|---|---|
| Overall | 112 | 104 | 100 |
| Services | 101 | 101 | 100 |
| Groceries | 101 | 105 | 100 |
| Health | 136 | 99 | 100 |
| Housing | 100 | 104 | 100 |
| Transportation | 116 | 109 | 100 |
| Utilities | 104 | 105 | 100 |
Cape Coral 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 Coral Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Cape Coral, 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 Coral is $338,302.
The Median Rent in Cape Coral is $1,858.
The Median Income in Cape Coral is $78,104.
The Home Value To Income in Cape Coral is 4.3x.
The Rent To Monthly Income in Cape Coral is 0.29x.
| Statistic | Cape Coral | Florida | United States |
|---|---|---|---|
| Median Home Value | $338,302 | $375,661 | $332,700 |
| Median Rent | $1,858 | $1,669 | $1,413 |
| Median Income | $78,104 | $74,568 | $80,734 |
| Home Value To Income | 4.3x | 5.0x | 4.1x |
| Rent To Monthly Income | 0.29x | 0.27x | 0.21x |
Cape Coral, FL Costs By Category
Detailed Cape Coral Services costs vs. Florida
| Item | Cape Coral | Florida |
|---|---|---|
| Shampoo | $1.45 | $1.28 |
| Movie | $13.05 | $12.13 |
| Bowling | $21.2 | $18 |
| Haircut | $28.2 | $24.26 |
| Beauty Salon | $54.05 | $45.56 |
Detailed Cape Coral Groceries costs vs. Florida
| Item | Cape Coral | Florida |
|---|---|---|
| Ground Beef | $6.06 | $5.84 |
| Fried Chicken | $1.4 | $1.57 |
| Milk | $4.57 | $4.67 |
| Potatoes | $5.24 | $4.93 |
| Pizza | $11.72 | $12.09 |
| Beer | $11.06 | $10.41 |
| Toothpaste | $3.63 | $3.7 |
Detailed Cape Coral Health costs vs. Florida
| Item | Cape Coral | Florida |
|---|---|---|
| Optometrist | $101.67 | $125.68 |
| Doctor | $153.94 | $135.78 |
| Dentist | $122.09 | $113.29 |
Detailed Cape Coral Transportation costs vs. Florida
| Item | Cape Coral | Florida |
|---|---|---|
| Gasoline | $3.47 | $3.46 |
| Tire Balancing | $74.92 | $59.92 |
Detailed Cape Coral Utilities costs vs. Florida
| Item | Cape Coral | Florida |
|---|---|---|
| All Electricity | $179.36 | $193.99 |
| Phone | $194.07 | $192.25 |
Cape Coral SnackAbility
Cost Of Living In Cities Around Cape Coral
The cost of living varies in the cities and towns around Cape Coral. Here's a quick look at the cost of living in the most populous nearby places:
Fort Myers, FL has a cost of living index of 112, 1.0x Cape Coral.
North Fort Myers, FL has a cost of living index of 93, 0.8x Cape Coral.
Punta Gorda, FL has a cost of living index of 126, 1.1x Cape Coral.
| City | Population | Cost Of Living | Vs. Cape Coral |
|---|---|---|---|
| Fort Myers, FL | 95,051 | 112 | 1.0x |
| North Fort Myers, FL | 44,993 | 93 | 0.8x |
| Punta Gorda, FL | 20,278 | 126 | 1.1x |
| San Carlos Park, FL | 19,159 | 111 | 1.0x |
| Villas, FL | 13,644 | 106 | 0.9x |
| Iona, FL | 13,631 | 112 | 1.0x |
| Cypress Lake, FL | 13,032 | 106 | 0.9x |
| McGregor, FL | 8,490 | 121 | 1.1x |
| Lochmoor Waterway Estates, FL | 6,511 | 118 | 1.1x |
| Whiskey Creek, FL | 5,371 | 118 | 1.1x |
