Cape Coral, FL Cost of Living (2024): How Expensive Is It?

What Salary Do You Need to Live Comfortably in Cape Coral, FL in 2024?

Overall, on average, a gross annual salary of $60,401 is required for an average quality of life in Cape Coral, FL.

Is the Cost of Living High in Cape Coral, FL?

Cape Coral, FL is ranked 182nd out of the 333 most populated cities in the U.S. for having the lowest cost of living. Therefore, it is considered one of the expensive cities in which to live in the U.S. Cape Coral, FL's average monthly rent is 21% lower than the U.S. average cost of rent.

Is $50,000 a Good Salary in Cape Coral, FL in 2024?

A gross annual salary of $50,000 in Cape Coral, FL will yield an average annual net salary of $45,882. Considering that the total average annual cost of living in Cape Coral, FL is $46,718, a gross annual salary of $50,000 will be insufficient to cover average living costs.

How Much Should You Pay for Rent in Cape Coral, FL?

The average monthly rent in Cape Coral, FL in the city center is $1,408 for a 1 bedroom apartment, $1,807 for a 2 bedroom apartment and $2,505 for a 3 bedroom apartment. Outside the city center, the average monthly rent in is $1,203 for a 1 bedroom apartment, $1,501 for a 2 bedroom apartment and $1,809 for a 3 bedroom apartment.

The assessments presented on this website, including those related to crime, safety, cost of living, and other location characteristics (e.g., states, cities, towns, villages, neighborhoods, areas, landmarks), are based on various sources and our internal research methods. These assessments are not guaranteed to be accurate or complete and should not be used as the sole basis for making any decisions.