CostIndexUSA

Bloomington, IL vs Cape Coral, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableIL
Bloomington
93.5
overall index
$1,275/mo rent
FL
Cape Coral
102.3
overall index
$1,825/mo rent

Bloomington is moderately cheaper than Cape Coral — 9.4% lower overall cost of living.

To match an $80,000 salary in Bloomington, you would need $87,500 in Cape Coral. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+67.5%
Bloomington
74.7
Cape Coral
125.1
🛒 Groceries+2.8%
Bloomington
93.6
Cape Coral
96.2
🚗 Transportation0.8%
Bloomington
104.6
Cape Coral
103.8
🏥 Healthcare0.7%
Bloomington
94.6
Cape Coral
93.9
Utilities3.0%
Bloomington
89.6
Cape Coral
86.9

Salary Equivalency Calculator

Enter your current salary in Bloomington to see what you'd need to earn in Cape Coral to maintain the same purchasing power.

$
Equivalent salary in Cape Coral, FL
$87,500
$7,500 more needed in Cape Coral

Formula: salary × (102.3 ÷ 93.5) = salary × 1.0941. Based on BEA Regional Price Parities.

Housing Market

Bloomington, IL

Median Home Price
$246,000
Median Monthly Rent
$1,275
Housing Index
74.7
Price-to-Rent Ratio
16.1×

Cape Coral, FL

Median Home Price
$337,000
Median Monthly Rent
$1,825
Housing Index
125.1
Price-to-Rent Ratio
15.4×

Cape Coral has 67.5% higher housing costs compared to Bloomington.

Income & Job Market

Bloomington, IL

Median Household Income
$77,200
Per Capita Income
$44,000
Unemployment Rate
2.6%
Population
78,902
Top Industries
FinanceInsuranceEducationHealthcareManufacturing

Cape Coral, FL

Median Household Income
$71,500
Per Capita Income
$40,800
Unemployment Rate
3.7%
Population
194,016
Top Industries
HealthcareRetailConstructionTourismFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Bloomington, IL
5.0×income-to-rent ratio

80% of income left after rent (median)

Cape Coral, FL
3.3×income-to-rent ratio

69% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.