Housing costs in Cape Coral?
A typical home costs
$366,000, which is 8.3% more expensive than the national average of
$338,100 and 1.0% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Cape Coral costs
$1,520 per month, which is 2.6% cheaper than the national average of
$1,560 and 4.6% more than the state average of
$1,450.
Can I afford Cape Coral?
To live comfortably in Cape Coral (zip 33990), Florida, a minimum annual income of
$70,200 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Cape Coral?
The cost of living in 33990 Cape Coral, FL is very reasonable. The overall cost of living index is about 8% lower than the US average, meaning that residents enjoy a significantly lower cost of good and services. Housing prices are quite low compared to other regions of the country, with the median home value sitting at only $170,302. Furthermore, utilities costs such as electricity and water are also very economical for residents. All of these factors contribute to the relatively low cost of living in Cape Coral, making it an attractive option for those looking for an affordable place to live.