Last updated 2026-06-15 ยท MovePlan Editorial Team
Slightly above the national average, a canal-laced Gulf Coast city with no state income tax.
Cost of living index (US avg = 100): 104
Median 2BR rent: $2,100/mo
Housing: 114 vs 100
Groceries: 102 vs 100
Utilities: 108 vs 100
Transportation: 98 vs 100
Healthcare: 98 vs 100
Cape Coral offers waterfront living, boating canals, and Gulf Coast sun with no state income tax. Costs run a touch above the national average, driven by Florida housing and insurance.