What is a pro or con of living in Cape Coral, Floridacompared to Novi, Michigan?

Median Home Cost is 9% cheaper in Cape Coral.

What salary do I need to live in Cape Coral, Florida copmared to Novi, Michigan?

A salary of $75,000 in Novi, Michigan could decrease to $68,134 in Cape Coral, Florida (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

Comparison

Food

Housing

Utilities

Commute

Health

Taxes

Childcare

Personal

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NOVI vs. CAPE CORAL
Cost of Living Comparison

Novi, Michigan vs. Cape Coral, Florida

Q: Is it expensive to live in Cape Coral, Florida compared to Novi, Michigan?

Overall, Cape Coral, Florida is cheaper than Novi, Michigan.

Cost of Living Comparison

The cost of living in Cape Coral, Florida is 9.2% cheaper than Novi, Michigan.

You would need a salary of $68,134 in Cape Coral, Florida to maintain the standard of living you have in Novi, Michigan.

Comparison highlights

• Overall, Cape Coral, Florida is cheaper than Novi, Michigan
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
9% cheaper in Cape Coral
than in Novi, Michigan

Novi, MI vs. Cape Coral, FL

Compared to Novi, Cape Coral is:

Homeowner

No Child Care, Taxes not Considered

9.2% lower

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

4.3% higher

Housing (Homeowner)

30.7% lower

Housing (Rent)

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Median Home Cost

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Utilities

1.9% lower

Commute

8.0% lower

Health

49.2% higher

Taxes

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Childcare

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Personal

9.4% lower

Cost of Food

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Novi, Michigan vs. Cape Coral, Florida

Cost of Living Comparison

Comparison highlights

Novi, MI vs. Cape Coral, FL

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