Cape Coral, FL vs Palm Coast, FL

Cape Coral, FL and Palm Coast, FL have a very similar cost of living, with only a 2.9% difference in their overall index. Cape Coral scores 117 while Palm Coast scores 114 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 $1,747/month in Palm Coast — a 0% difference. Home values follow the same pattern: Palm Coast is more affordable at $317,200 median vs $339,200.

Median household income in Cape Coral is $76,062 compared to $71,840 in Palm Coast (+5.9%). 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 29.2% in Palm Coast.