Mid-Size City โ€ข 194,016 people

Cape Coral, FL

Discover how far your salary goes in Cape Coral. Compare taxes, rent, and living costs.

Cost Index
134
๐Ÿ“ˆ Above Average
Population

194,016

State Tax

None! ๐ŸŽ‰

1BR Rent

$1,691

/month

vs National

+21%

above avg

How far would your salary go in Cape Coral?

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Rent Prices in Cape Coral

๐Ÿ 

Studio

$1,353

/month

$16,236/year

Most Common
๐Ÿ›๏ธ

1 Bedroom

$1,691

/month

$20,292/year

๐Ÿก

2 Bedroom

$2,283

/month

$27,396/year

๐Ÿ˜๏ธ

3 Bedroom

$2,959

/month

$35,508/year

Taxes in Florida

State Income Tax

Florida

0%
๐ŸŽ‰

No State Income Tax!

Florida doesn't tax wagesโ€”keep more of every paycheck.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Cape Coral, FL?โ–ผ

Cape Coral has a cost of living index of 134, which is 34% above the national average. A 1-bedroom apartment costs around $1,691/month.

What is the state income tax in Florida?โ–ผ

Florida has no state income tax! This can save you thousands of dollars per year compared to states with income tax.

How much is rent in Cape Coral?โ–ผ

The median rent for a 1-bedroom apartment in Cape Coral is $1,691/month. For a 2-bedroom, expect to pay around $2,283/month. This is 21% above the national average.

Is Cape Coral a good place to live?โ–ผ

Cape Coral is a mid-size city with a population of 194,016. The cost of living is above average, making it more expensive than average for the US. A major advantage is zero state income tax.

See the complete picture for Cape Coral

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