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Cost of Living: Cape Coral, FL vs Jacksonville, FL

Wondering how far your dollar stretches in Cape Coral compared to Jacksonville? Below we break down housing costs, rent, taxes, income, and quality of life using 2026 data so you can make an informed relocation or remote-work decision. Every number is computed from Census, BLS, and Zillow data specific to these two metro areas.

TL;DR

Cape Coral cost-of-living index is 107 vs 96 for Jacksonville (US = 100). Median home: $365,000 vs $310,000. Median rent: $1,600/mo vs $1,098/mo.

Source: Census ACS · Zillow ZHVI/ZORI · BEA RPP, 2026

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Jacksonville is 10.3% cheaper than Cape Coral
COL Index: Cape Coral 107 vs Jacksonville 96 (national avg = 100)
Written by Jere Salmisto, Founder & Quantitative Systems Builder, CalcFi·Reviewed by CalcFi Editorial·Last reviewed 2026-04-19

Cape Coral vs Jacksonville — At a Glance

Cape CoralMetricJacksonvilleDifference
107Cost of Living Index96-10.3%
$365,000Median Home Price$310,000-15.1%
$1,600Median Monthly Rent$1,098-31.4%
$66,600Median Household Income$61,400-7.8%
0.9%Property Tax Rate0.9%+0.0%
3.0%Unemployment Rate3.3%+10.0%
27 minAverage Commute27 min+0.0%
44.8Median Age37.2-17.0%
810,000Metro Population1,590,000+96.3%

Data sourced from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024-2025). COL Index: 100 = national average.

Housing Comparison: Cape Coral vs Jacksonville

Monthly mortgage assumes 6.5% interest, 30-year fixed, 20.0%down payment. PITI includes principal, interest, property tax, and homeowner's insurance.

Cape Coral

Median Home Price$365,000
Down Payment (20.0%)$73,000
Loan Amount$292,000
Principal & Interest$1,846/mo
Property Tax$277/mo
Insurance$106/mo
Monthly PITI$2,229/mo

Jacksonville

Median Home Price$310,000
Down Payment (20.0%)$62,000
Loan Amount$248,000
Principal & Interest$1,568/mo
Property Tax$235/mo
Insurance$90/mo
Monthly PITI$1,893/mo

Rent & Affordability Ratios

Median Monthly Rent$1,600 vs $1,098 (-$502/mo)
Annual Rent Difference$6,024/yr more in Cape Coral
Home Price-to-Income Ratio5.5x (Cape Coral) vs 5.0x (Jacksonville)
Years to Save 20% Down (15% savings rate)7.3 yrs (Cape Coral) vs 6.7 yrs (Jacksonville)

Buying a home in Cape Coral costs $2,229/month (PITI) compared to $1,893/month in Jacksonville — a difference of $336/month or $4,032/year. The price-to-income ratio is 5.5x in Cape Coral versus 5.0x in Jacksonville, suggesting Jacksonville is relatively more affordable for homebuyers relative to local incomes. At a 15% savings rate, it takes 7.3 years to save a down payment in Cape Coral compared to 6.7 years in Jacksonville.

Tax Comparison: Cape Coral vs Jacksonville

Estimated on each city's median household income, single filer, standard deduction, 2025 rates.

Tax CategoryCape CoralJacksonville
Gross Income$66,600$61,400
State Income TaxNoneNone
Federal Income Tax$6,101$5,239
FICA (SS + Medicare)$5,095$4,697
Property Tax (on median home)$3,322/yr$2,821/yr
State Sales Tax Rate6.0%6.0%
Total Tax Burden$11,196 (16.8%)$9,936 (16.2%)
Take-Home Pay$55,404$51,464

Florida has no state income tax, giving Cape Coral residents a significant tax advantage. On median household income, total taxes (federal + state + FICA) come to $11,196 in Cape Coral (16.8% effective) versus $9,936 in Jacksonville (16.2% effective). After taxes, take-home pay is $55,404 in Cape Coral and $51,464 in Jacksonville. Property taxes add $3,322/year on the median Cape Coral home versus $2,821/year in Jacksonville.

Salary Equivalence: What Your Income Is Worth

A $66,600 salary in Cape Coral equals
$59,753
in Jacksonville
A $61,400 salary in Jacksonville equals
$68,435
in Cape Coral

These figures adjust for cost of living using the formula: adjusted = salary × (COL_destination / COL_origin). If you earn $66,600 in Cape Coral (COL 107) and relocate to Jacksonville (COL 96), you would need $59,753 to maintain the same purchasing power. This means you can take a pay cut of $6,847 and still maintain your lifestyle in Jacksonville.

Quality of Life: Cape Coral vs Jacksonville

Average Commute
27 min
Cape Coral
27 min
Jacksonville
0 min same in Cape Coral
Unemployment Rate
3.0%
Cape Coral
3.3%
Jacksonville
Cape Coral lower
Metro Population
0.8M
Cape Coral
1.6M
Jacksonville
Jacksonville is 2.0x larger

Beyond costs, quality of life matters. The average commute in Cape Coral is 27 minutes versus 27 minutes in Jacksonville, a difference of 0 minutes each way. Cape Coral's lower unemployment rate of 3.0% versus 3.3% suggests a stronger job market. Cape Coral skews slightly older with a median age of 44.8 vs 37.2 in Jacksonville.

Other Cost of Living Comparisons

Cape Coral vs New YorkCOL 107 vs 187Cape Coral vs Los AngelesCOL 107 vs 173Cape Coral vs ChicagoCOL 107 vs 114Jacksonville vs New YorkCOL 96 vs 187Jacksonville vs Los AngelesCOL 96 vs 173Chicago vs JacksonvilleCOL 114 vs 96

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Frequently Asked Questions

Is Cape Coral or Jacksonville more expensive?

Cape Coral is 10.3% more expensive than Jacksonville overall. Cape Coral has a cost of living index of 107 compared to 96 for Jacksonville (national average = 100). The biggest difference is housing: the median home costs $365,000 in Cape Coral vs $310,000 in Jacksonville.

How much more does housing cost in Cape Coral vs Jacksonville?

The median home price in Cape Coral is $365,000, which is $55,000 more than Jacksonville's median of $310,000. Monthly rent follows a similar pattern: $1,600/month in Cape Coral vs $1,098/month in Jacksonville, a difference of $502/month or $6,024/year.

What salary do I need in Jacksonville to match my Cape Coral income?

To maintain the same standard of living, a $66,600 salary in Cape Coral is equivalent to $59,753 in Jacksonville. This is based on the cost of living index ratio: Cape Coral's COL index of 107 vs Jacksonville's 96. Conversely, $61,400 in Jacksonville equals $68,435 in Cape Coral.

Which city has lower taxes, Cape Coral or Jacksonville?

On a median household income, the combined federal, state, and FICA tax burden is $11,196 (16.8% effective rate) in Cape Coral vs $9,936 (16.2% effective rate) in Jacksonville. Property taxes on the median home are $3,322/year in Cape Coral (0.9% rate) vs $2,821/year in Jacksonville (0.9% rate). Sales tax rates are 6.0% in Florida and 6.0% in Florida.

What is the median household income in Cape Coral and Jacksonville?

Cape Coral median household income: $66,600/yr. Jacksonville median household income: $61,400/yr (Census ACS).

How does rent compare in Cape Coral vs Jacksonville?

Median monthly rent: $1,600 in Cape Coral vs $1,098 in Jacksonville. Annualized that is $19,200 vs $13,176.

Which city is better for remote workers, Cape Coral or Jacksonville?

Jacksonville offers a lower cost of living (index 96 vs 107), which lets remote-workers keeping a coastal salary stretch further. Cape Coral typically wins on amenities and labor-market depth.

Where does the data on this comparison come from?

Cape Coral and Jacksonville numbers are pulled from Zillow ZHVI/ZORI (home values, rent), the U.S. Census Bureau ACS (income, demographics), and BEA RPP (cost-of-living index). Each value is timestamped on the page.

How often is this Cape Coral vs Jacksonville comparison updated?

Source feeds (Zillow, Freddie Mac PMMS, Census ACS, BEA RPP) are refreshed on their native cadence. Page caches revalidate every 24 hours via Next.js ISR.

Does this comparison replace tax or financial advice?

No. The Cape Coral vs Jacksonville cost-of-living page is educational reference using public data and standard formulas. It is not personalized tax, legal, or investment advice. Consult a licensed professional for material decisions.

Explore More

All City ComparisonsCape Coral COL CalculatorJacksonville COL CalculatorSalary GuidesMortgage Affordability CalculatorRent vs Buy Calculator

Sources & Citations

  1. Zillow Research — ZHVI (home values) & ZORI (observed rent index) — zillow.com/research/data
  2. U.S. Census Bureau — American Community Survey (ACS) 5-year estimates — census.gov/acs
  3. Bureau of Economic Analysis — Regional Price Parities by state and MSA — bea.gov/rpp
  4. Tax Foundation — effective state and local tax rates — taxfoundation.org
  5. Freddie Mac PMMS — weekly national average mortgage rates — freddiemac.com/pmms
  6. Internal Revenue Service — federal income tax brackets and standard deduction — irs.gov
  7. U.S. Bureau of Labor Statistics — unemployment and wage statistics — bls.gov
Methodology & Assumptions

Home prices use Zillow Home Value Index (ZHVI)[1]; rents use Zillow Observed Rent Index (ZORI)[1]. Median household income comes from the Census ACS 5-year estimates[2].

COL indices use the BEA Regional Price Parity methodology[3], normalized so 100 = national average.

Property tax rates are effective rates from the Tax Foundation[4], expressed as % of owner-occupied home value. Mortgage estimates assume 6.5% fixed rate[5], 30-year term, 20.0% down, $1,800/yr homeowners insurance.

Federal tax calculations[6] assume single filer, standard deduction. State tax uses the top marginal rate times taxable income after the state standard deduction. FICA = 6.2% Social Security (up to wage base) + 1.45% Medicare.

Salary equivalence uses adjusted = salary × (COL_destination / COL_origin). This captures cost-of-living shift but not state income tax differences.

Unemployment figures are the most recent monthly MSA-level readings from the BLS LAUS series[7].

Last reviewed is computed from the maximum retrievedAt across every source this page consumes.

City data from Census Bureau[2], BLS[7], and Zillow[1] (2024-2025). Tax calculations use 2025 IRS rates[6], single filer, standard deduction. Mortgage estimates assume 6.5% PMMS rate[5], 30-year term, 20.0% down. COL Index: 100 = national average[3]. Last reviewed 2026-04-19.