Housing costs in Cape Coral?
A typical home costs
$403,900, which is 19.5% more expensive than the national average of
$338,100 and 11.5% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Cape Coral costs
$1,430 per month, which is 8.3% cheaper than the national average of
$1,560 and close to the state average of
$1,450.
Can I afford Cape Coral?
To live comfortably in Cape Coral (zip 33904), Florida, a minimum annual income of
$77,400 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Cape Coral?
The cost of living in Cape Coral, FL 33904 is quite affordable. The median home value in the area is around $217,400, which is 13% lower than the Florida average and significantly lower than the national average. Renting in Cape Coral can be particularly attractive for those on a budget as the median rent price is $1,093, which is 17% lower than the state average. Groceries and other necessities are also relatively inexpensive here. In terms of utilities, electricity costs are generally less expensive than the national average. All in all, Cape Coral offers great affordability for those looking to take advantage of its warm climate and beach-front lifestyle.