CostIndexUSA

Cape Coral, FL vs Madison, WI Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

FL
Cape Coral
102.3
overall index
$1,825/mo rent
More AffordableWI
Madison
97.3
overall index
$1,625/mo rent

Madison is slightly cheaper than Cape Coral — 4.9% lower overall cost of living.

To match an $80,000 salary in Cape Coral, you would need $76,100 in Madison. Calculate your salary ↓

Category Breakdown

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

🏠 Housing20.3%
Cape Coral
125.1
Madison
99.7
🛒 Groceries2.5%
Cape Coral
96.2
Madison
93.8
🚗 Transportation+0.6%
Cape Coral
103.8
Madison
104.4
🏥 Healthcare≈ Equal
Cape Coral
93.9
Madison
94.4
Utilities+3.3%
Cape Coral
86.9
Madison
89.8

Salary Equivalency Calculator

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

$
Equivalent salary in Madison, WI
$76,100
$3,900 less needed in Madison

Formula: salary × (97.3 ÷ 102.3) = salary × 0.9511. 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×

Madison, WI

Median Home Price
$429,000
Median Monthly Rent
$1,625
Housing Index
99.7
Price-to-Rent Ratio
22.0×

Cape Coral has 20.3% lower housing costs compared to Madison.

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

Madison, WI

Median Household Income
$82,100
Per Capita Income
$46,800
Unemployment Rate
2.2%
Population
269,186
Top Industries
EducationHealthcareGovernmentTechnologyFinance

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)

Madison, WI
4.2×income-to-rent ratio

76% 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.