CostIndexUSA

Cape Coral, FL vs New York, NY Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableFL
Cape Coral
102.3
overall index
$1,825/mo rent
NY
New York
112.6
overall index
$3,225/mo rent

Cape Coral is moderately cheaper than New York — 10.1% lower overall cost of living.

To match an $80,000 salary in Cape Coral, you would need $88,100 in New York. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+18.8%
Cape Coral
125.1
New York
148.6
🛒 Groceries+14.7%
Cape Coral
96.2
New York
110.3
🚗 Transportation+7.0%
Cape Coral
103.8
New York
111.1
🏥 Healthcare+7.0%
Cape Coral
93.9
New York
100.5
Utilities+46.1%
Cape Coral
86.9
New York
127

Salary Equivalency Calculator

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

$
Equivalent salary in New York, NY
$88,100
$8,100 more needed in New York

Formula: salary × (112.6 ÷ 102.3) = salary × 1.1007. 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×

New York, NY

Median Home Price
$703,000
Median Monthly Rent
$3,225
Housing Index
148.6
Price-to-Rent Ratio
18.2×

New York has 18.8% higher housing costs compared to Cape Coral.

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

New York, NY

Median Household Income
$95,200
Per Capita Income
$54,300
Unemployment Rate
5.2%
Population
8,336,817
Top Industries
FinanceTechnologyMediaReal EstateHealthcare

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)

New York, NY
2.5×income-to-rent ratio

59% 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.