Cost of Living in Cape Coral, FL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

137.3

100 = national avg

+37.3 vs national average

Living Wage (1 Adult)

$60,430

per year

Living Wage (Family of 4)

$142,834

per year

Cost Index by Category

Housing
181.9
Food
108.1
Transportation
114.9
Healthcare
106.5
Utilities
121.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,638

per month

2 Bedroom

$1,961

per month

The overall cost of living index in Cape Coral is 137.3, which is 37.3% above the national average. Housing costs are above the national average at an index of 181.9. A single adult needs to earn approximately $60,430 per year to cover basic expenses.