Cape Coral, FL vs Orlando, FL

Cape Coral, FL and Orlando, FL have a very similar cost of living, with only a 1.7% difference in their overall index. Cape Coral scores 117 while Orlando scores 115 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Cape Coral is $1,751/month compared to $1,650/month in Orlando — a 6% difference. Interestingly, home values tell a different story: while Orlando has cheaper rent, Cape Coral actually has lower median home values ($339,200 vs $359,000).

Median household income in Cape Coral is $76,062 compared to $69,268 in Orlando (+9.8%). While Cape Coral is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Cape Coral spend roughly 27.6% of their income on rent, less than the 28.6% in Orlando.