CostIndexUSA

Cape Coral, FL vs Mount Vernon, WA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostFL
Cape Coral
102.3
overall index
$1,825/mo rent
WA
Mount Vernon
102.4
overall index
$2,125/mo rent

Cape Coral and Mount Vernon have nearly identical costs of living.

Category Breakdown

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

🏠 Housing13.5%
Cape Coral
125.1
Mount Vernon
108.2
🛒 Groceries+9.1%
Cape Coral
96.2
Mount Vernon
105
🚗 Transportation+0.6%
Cape Coral
103.8
Mount Vernon
104.4
🏥 Healthcare+0.6%
Cape Coral
93.9
Mount Vernon
94.5
Utilities+10.5%
Cape Coral
86.9
Mount Vernon
96

Salary Equivalency Calculator

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

$
Equivalent salary in Mount Vernon, WA
$80,100
$100 more needed in Mount Vernon

Formula: salary × (102.4 ÷ 102.3) = salary × 1.0010. 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×

Mount Vernon, WA

Median Home Price
$567,000
Median Monthly Rent
$2,125
Housing Index
108.2
Price-to-Rent Ratio
22.2×

Cape Coral has 13.5% lower housing costs compared to Mount Vernon.

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

Mount Vernon, WA

Median Household Income
$91,200
Per Capita Income
$52,000
Unemployment Rate
4.4%
Population
36,727
Top Industries
AgricultureHealthcareManufacturingRetailTourism

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)

Mount Vernon, WA
3.6×income-to-rent ratio

72% 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.