What is the Cost of Living in Cape Coral, FL?

Wondering the cost of living in Cape Coral, FL? You’re in the right place. Overall, the cost of living in Cape Coral, FL is 4% more expensive than the national average. While Cape Coral won’t win any awards for Florida’s cheapest city, it’s still affordable. The city gets a 104/100, which is only 4% higher than the national average.

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Groceries are 5% More Expensive in Cape Coral

You’ll spend about 5% more than the average American for groceries when you live in Cape Coral, FL. With a score of 105/100, you can’t call our city expensive, grocery-wise, but then again, every little bit helps. Below are a few of the costs for popular foods here in our town.

Grocery ItemCost in Cape Coral
Loaf of bread$4.50
Gallon of milk$3.00
Carton of eggs$2.90
Bunch of bananas$4.50
Hamburger$5.50

Healthcare is 17% More Expensive

Cape Coral is about 17% more expensive for healthcare than the national average. That’s not great news if you’re older or have chronic health problems. Healthcare costs are the most costly index in Cape Coral. Below are a few specific healthcare services and their approximate costs.

Type of HealthcareCost in Cape Coral
Doctors visit$150.00
Dentist appointment$99.00
Optometrist appointment$100.00
Prescription drugs$424.00 / month
Veterinary visit$52.00

Housing is Equal to the National Average

Sure, it’s great to be lower, but being on par with the U.S. average for housing costs isn’t so bad. You won’t save money, per se, but you won’t spend a ton more either. Let’s be honest; Cape Coral is on the fabulous Gulf Coast in one of the nicest areas of Florida. Like the West Coast, housing here is competitive. Unlike the West Coast, however, our houses (and rentals) are considerably more affordable.

Type of Housing Cost in Cape Coral
Avg. Home Prices$375,000
Median Monthly Rental$1,163 / month

Utilities are 1% More Affordable

Another cost of living in Cape Coral that does better than the national average is utilities. We’re 1% lower than the national average, which will save you a tiny amount of money each month. (Every little bit helps, we think you’ll agree.) Below is the average monthly cost for the most common utilities:

Type of Utility Cost in Cape Coral
Energy Bill$148.00
Phone Bill$158.00
Gasoline$2.80 per gallon

Transportation is 10% Higher

The one-way commute time in Cape Coral is 28 minutes, 2 minutes longer than the national average. That might be one reason transportation costs in Cape Coral are 10% higher here. If you commute to work, you’ll spend 10% more of your income to get there and back every day.

Miscellaneous Costs are 1% Lower

Like utility costs, you’ll save a tiny bit over the national average here in Cape Coral, FL. That means things like salon visits, eating out, entertainment, and so forth will be less. It’s nothing to write home about but, as we always say, every little bit helps.

How to Find Storage in Cape Coral, Florida

If you’re planning on living in Cape Coral anytime soon, you’ll probably need a storage unit to help! At iStorage, we have storage units in Cape Coral that are very clean and secure. From household goods to boating supplies, antiques, and more, you can store it all here!

Where to store your boats and kayaks in & around Cape Coral, Florida:

How to Find Storage in Cape Coral, Florida

If you’re planning on living in Cape Coral anytime soon, you’ll probably need a storage unit to help! At iStorage, we have storage units in Cape Coral that are very clean and secure. From household goods to boating supplies, antiques, and more, you can store it all here!

Where to store items near Cape Coral: