Here's what it costs to live in Cape Coral, Florida, based on the latest US government data. Renters pay a median of $1,751 per month, while the typical home is valued around $339,200. Households earn a median of $76,062 per year, leaving rent at a manageable share of income for many residents. Air quality is good, with an average AQI of 24. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$76,062
Annual · Census ACS
Median Gross Rent
$1,751
Per month · Census ACS
Median Home Value
$339,200
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$1,629
HUD Fair Market Rent
1BR Fair Market Rent
$1,638
HUD FMR
2BR Fair Market Rent
$1,961
HUD FMR
3BR Fair Market Rent
$2,560
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
State Income Tax
None
No state income tax on wages
State Sales Tax
6.00%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
206,387
Latest estimate
Median Age
48.7 yrs
Census ACS
Average AQI
24.0
Source: EPA AirNow
What is the cost of living index for Cape Coral?
The cost of living index for Cape Coral is not yet available in our database.
What is the median rent in Cape Coral?
The median gross rent in Cape Coral is $1,751 per month according to US Census ACS data.
What is the median household income in Cape Coral?
The median household income in Cape Coral is $76,062 per year.
What is the median home value in Cape Coral?
The median home value in Cape Coral is $339,200 based on the latest Census ACS survey.
How is the air quality in Cape Coral?
Cape Coral has an average Air Quality Index (AQI) of 24.0, which is rated "Good" by the EPA. Lower AQI values indicate cleaner air.
What are the taxes like in Cape Coral?
Florida has no state income tax on wages and a statewide sales tax of 6.00% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology