Housing costs in Cape Coral?
A typical home costs
$340,400, which is 0.7% more expensive than the national average of
$338,100 and 6.1% less expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Cape Coral costs
$1,820 per month, which is 16.7% more than the national average of
$1,560 and 20.3% more than the state average of
$1,450.
Can I afford Cape Coral?
To live comfortably in Cape Coral (zip 33993), Florida, a minimum annual income of
$65,160 for a family, and
$57,200 for a single person is recommended.
What does A.I. say about Cape Coral?
The cost of living in 33993 Cape Coral, FL is relatively low compared to other cities. According to the Cost of Living Index, this city ranks 36 points below the national average. The overall cost of housing is 11% lower than the national average, making it an affordable place to live. Utilities are also relatively cheap, with electric, gas and water costs 6%, 10%, and 7% lower than the national average respectively. Additionally, groceries and other essential items tend to be less expensive here than in other areas as well. All these factors combine to make 33993 Cape Coral a great option for those looking for a budget-friendly lifestyle.