CostIndexUSA

Cape Coral, FL vs Des Moines, IA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Cape Coral
102.3
overall index
$1,825/mo rent
More AffordableIA
Des Moines
91.7
overall index
$1,250/mo rent

Des Moines is moderately cheaper than Cape Coral — 10.4% lower overall cost of living.

To match an $80,000 salary in Cape Coral, you would need $71,700 in Des Moines. Calculate your salary ↓

Category Breakdown

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

🏠 Housing32.3%
Cape Coral
125.1
Des Moines
84.7
🛒 Groceries2.6%
Cape Coral
96.2
Des Moines
93.7
🚗 Transportation6.0%
Cape Coral
103.8
Des Moines
97.6
🏥 Healthcare6.0%
Cape Coral
93.9
Des Moines
88.3
Utilities2.6%
Cape Coral
86.9
Des Moines
84.6

Salary Equivalency Calculator

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

$
Equivalent salary in Des Moines, IA
$71,700
$8,300 less needed in Des Moines

Formula: salary × (91.7 ÷ 102.3) = salary × 0.8964. Based on BEA Regional Price Parities.

Housing Market

Cape Coral, FL

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

Des Moines, IA

Median Home Price
$285,000
Median Monthly Rent
$1,250
Housing Index
84.7
Price-to-Rent Ratio
19.0×

Cape Coral has 32.3% lower housing costs compared to Des Moines.

Income & Job Market

Cape Coral, FL

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

Des Moines, IA

Median Household Income
$82,700
Per Capita Income
$47,100
Unemployment Rate
3.1%
Population
214,237
Top Industries
FinanceInsuranceHealthcareGovernmentManufacturing

Affordability at a Glance

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

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

69% of income left after rent (median)

Des Moines, IA
5.5×income-to-rent ratio

82% 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.