Cost of Living in Cape Coral, FL
| Cost of Living in Cape Coral, FL | Compared to State Average | Compared to National Average |
|---|---|---|
| Housing (Buy and Rent) | 11% higher | 11% higher |
| Utilities (Monthly) | 1% higher | 1% higher |
| Food | 1% higher | 0% |
| Healthcare | 14% higher | 9% higher |
| Transportation | 7% higher | 8% higher |
| Goods & Services | 8% higher | 4% higher |
The cost of living in Cape Coral, FL is 7% higher than the state average and 6% higher than the national average. Cape Coral, FL housing is 11% more expensive than the U.S average, while utilities are about 1% pricier. When it comes to basic necessities such as food and clothing, groceries are around 0% in Cape Coral, FL than in the rest of the country, while clothing costs around 4% more .
Healthcare services such as doctor check-ups and dentistry cost 9% more here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 4% pricier in Cape Coral, FL.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Cape Coral is $1,898, while home prices circle around $505,966.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Cape Coral, energy bills cost around $199.12 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $4.60 in Cape Coral, a dozen eggs go for around $3.58 and a pound of potatoes circles around $5.22.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Cape Coral, an optometry check-up costs around $101.35, while a dentist appointment is priced $124.41 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.39 in Cape Coral, while getting your tires balanced will run you about $73.99.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $32.37 here. Meanwhile, a pair of women's slacks will set you back around $27.49.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Cape Coral, you should budget around $13.27 a month. When it comes to personal services, a haircut usually goes for $28.20, while dry cleaning costs about $17.84.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Cape Coral, the median household income is $72,474.