Housing costs in Cape Coral?
A typical home costs
$413,000, which is 22.2% more expensive than the national average of
$338,100 and 14.0% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Cape Coral costs
$1,940 per month, which is 24.4% more than the national average of
$1,560 and 25.3% more than the state average of
$1,450.
Can I afford Cape Coral?
To live comfortably in Cape Coral (zip 33991), Florida, a minimum annual income of
$79,200 for a family, and
$61,200 for a single person is recommended.
What does A.I. say about Cape Coral?
The cost of living in 33991 Cape Coral, FL is relatively high compared to the national average. The median home value in this area is around $224,000 and the monthly median rent is roughly $1,450. This makes it one of the more expensive areas in Florida. Additionally, groceries, utilities, and transportation are also higher than average due to the increased cost of living. Despite these costs, many people choose to live here for its convenient location and relaxed lifestyle. With its nearby beaches and many outdoor activities available, it is easy to see why this area remains a popular choice amongst Floridians.