Retirement Savings Calculator for Cape Coral, FL
Updated 2026 · Local data pre-filled
The median household income in Cape Coral is $66,600. With a cost of living index of 107, your retirement needs will be higher than average. Planners generally recommend saving 10–15% of income; at Cape Coral's median income that's $7,992–$9,990 per year.
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How Cape Coral Compares to the National Average
Understanding how Cape Coral stacks up helps you calibrate your financial planning.
| Metric | Cape Coral, FL | US Average | Difference |
|---|---|---|---|
| Median Home Price | $365,000 | $420,800 | -13.3% |
| Median Monthly Rent | $1,600 | $1,713 | -6.6% |
| Median Household Income | $66,600 | $74,580 | -10.7% |
| Property Tax Rate | 0.91% | 1.10% | -17.3% |
| Cost of Living Index | 107 | 100 | +7.0% |
Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024–2025). Green = favorable for residents; red = less favorable.
Cape Coral Financial Snapshot
- Population (Metro)
- 810,000
- Unemployment
- 3.0%
- Avg Commute
- 27 min
- Median Age
- 44.8
- Price-to-Rent Ratio
- 19.0x
- Annual Property Tax
- $3,322
Retirement Savings Calculator in Other Florida Cities
Frequently Asked Questions — Cape Coral
What is the median home price in Cape Coral, FL?
The median home price in Cape Coral is $365,000 as of 2025–2026. This is below the national median of $420,800.
What is the average rent in Cape Coral?
Median monthly rent in Cape Coral is $1,600. That works out to $19,200/year, or 29% of the median household income — within the commonly recommended 30% of income guideline.
Is Cape Coral affordable?
Cape Coral's cost of living index is 107 vs. the national average of 100. With a median household income of $66,600/year and a median home price of $365,000, the price-to-income ratio is 5.5x. Cape Coral falls in the middle of the affordability spectrum for US cities.
What is the property tax rate in Cape Coral?
The effective property tax rate in Cape Coral is 0.91% of assessed value. On the median home of $365,000, that's roughly $3,322/year ($277/month).