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

Wondering how far your dollar stretches in Cape Coral compared to Orlando? 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 104 for Orlando (US = 100). Median home: $365,000 vs $360,000. Median rent: $1,600/mo vs $1,314/mo.

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

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Orlando is 2.8% cheaper than Cape Coral
COL Index: Cape Coral 107 vs Orlando 104 (national avg = 100)
Written by Jere Salmisto, Founder & Quantitative Systems Builder, CalcFi·Reviewed by CalcFi Editorial·Last reviewed 2026-04-19

Cape Coral vs Orlando — At a Glance

Cape CoralMetricOrlandoDifference
107Cost of Living Index104-2.8%
$365,000Median Home Price$360,000-1.4%
$1,600Median Monthly Rent$1,314-17.9%
$66,600Median Household Income$61,200-8.1%
0.9%Property Tax Rate0.9%+0.0%
3.0%Unemployment Rate3.3%+10.0%
27 minAverage Commute29 min+7.4%
44.8Median Age36.4-18.7%
810,000Metro Population2,730,000+237.0%

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

Housing Comparison: Cape Coral vs Orlando

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

Orlando

Median Home Price$360,000
Down Payment (20.0%)$72,000
Loan Amount$288,000
Principal & Interest$1,820/mo
Property Tax$273/mo
Insurance$105/mo
Monthly PITI$2,198/mo

Rent & Affordability Ratios

Median Monthly Rent$1,600 vs $1,314 (-$286/mo)
Annual Rent Difference$3,432/yr more in Cape Coral
Home Price-to-Income Ratio5.5x (Cape Coral) vs 5.9x (Orlando)
Years to Save 20% Down (15% savings rate)7.3 yrs (Cape Coral) vs 7.8 yrs (Orlando)

Buying a home in Cape Coral costs $2,229/month (PITI) compared to $2,198/month in Orlando — a difference of $31/month or $372/year. The price-to-income ratio is 5.5x in Cape Coral versus 5.9x in Orlando, suggesting Cape Coral 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 7.8 years in Orlando.

Tax Comparison: Cape Coral vs Orlando

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

Tax CategoryCape CoralOrlando
Gross Income$66,600$61,200
State Income TaxNoneNone
Federal Income Tax$6,101$5,215
FICA (SS + Medicare)$5,095$4,681
Property Tax (on median home)$3,322/yr$3,276/yr
State Sales Tax Rate6.0%6.0%
Total Tax Burden$11,196 (16.8%)$9,896 (16.2%)
Take-Home Pay$55,404$51,304

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 $9,896 in Orlando (16.2% effective). After taxes, take-home pay is $55,404 in Cape Coral and $51,304 in Orlando. Property taxes add $3,322/year on the median Cape Coral home versus $3,276/year in Orlando.

Salary Equivalence: What Your Income Is Worth

A $66,600 salary in Cape Coral equals
$64,733
in Orlando
A $61,200 salary in Orlando equals
$62,965
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 Orlando (COL 104), you would need $64,733 to maintain the same purchasing power. This means you can take a pay cut of $1,867 and still maintain your lifestyle in Orlando.

Quality of Life: Cape Coral vs Orlando

Average Commute
27 min
Cape Coral
29 min
Orlando
2 min shorter in Cape Coral
Unemployment Rate
3.0%
Cape Coral
3.3%
Orlando
Cape Coral lower
Metro Population
0.8M
Cape Coral
2.7M
Orlando
Orlando is 3.4x larger

Beyond costs, quality of life matters. The average commute in Cape Coral is 27 minutes versus 29 minutes in Orlando, a difference of 2 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 36.4 in Orlando.

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 114New York vs OrlandoCOL 187 vs 104Los Angeles vs OrlandoCOL 173 vs 104Chicago vs OrlandoCOL 114 vs 104

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Frequently Asked Questions

Is Cape Coral or Orlando more expensive?

Cape Coral is 2.8% more expensive than Orlando overall. Cape Coral has a cost of living index of 107 compared to 104 for Orlando (national average = 100). The biggest difference is housing: the median home costs $365,000 in Cape Coral vs $360,000 in Orlando.

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

The median home price in Cape Coral is $365,000, which is $5,000 more than Orlando's median of $360,000. Monthly rent follows a similar pattern: $1,600/month in Cape Coral vs $1,314/month in Orlando, a difference of $286/month or $3,432/year.

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

To maintain the same standard of living, a $66,600 salary in Cape Coral is equivalent to $64,733 in Orlando. This is based on the cost of living index ratio: Cape Coral's COL index of 107 vs Orlando's 104. Conversely, $61,200 in Orlando equals $62,965 in Cape Coral.

Which city has lower taxes, Cape Coral or Orlando?

On a median household income, the combined federal, state, and FICA tax burden is $11,196 (16.8% effective rate) in Cape Coral vs $9,896 (16.2% effective rate) in Orlando. Property taxes on the median home are $3,322/year in Cape Coral (0.9% rate) vs $3,276/year in Orlando (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 Orlando?

Cape Coral median household income: $66,600/yr. Orlando median household income: $61,200/yr (Census ACS).

How does rent compare in Cape Coral vs Orlando?

Median monthly rent: $1,600 in Cape Coral vs $1,314 in Orlando. Annualized that is $19,200 vs $15,768.

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

Orlando offers a lower cost of living (index 104 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 Orlando 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 Orlando 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 Orlando 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

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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.