Cape Coral, FL vs Pembroke Pines, FL

Cape Coral is moderately more affordable than Pembroke Pines, with a 10.6% lower cost of living index. Cape Coral scores 117 compared to 131 for Pembroke Pines, where the US average is 100. This difference means residents of Pembroke Pines can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Cape Coral is $1,751/month compared to $1,910/month in Pembroke Pines — a 8% difference. Home values follow the same pattern: Cape Coral is more affordable at $339,200 median vs $411,700.

Median household income in Cape Coral is $76,062 compared to $81,675 in Pembroke Pines (-6.9%). The higher salaries in Pembroke Pines partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cape Coral spend roughly 27.6% of their income on rent, less than the 28.1% in Pembroke Pines.