Are you considering a move to Cape Coral, Florida, United States, and wondering about the cost of living? Cape Coral, Florida is a diverse city with a lot to offer, but like any city, it comes with its own set of expenses. In this page, we'll break down the cost of living in Cape Coral, Florida and help you understand whether $3834 per month is moderately priced, given the average monthly salary of $4534.78.
|
Restaurants |
Price |
World Range |
|---|---|---|
|
Meal, Inexpensive Restaurant |
17.5 $ |
|
|
Meal for 2 People, Mid-range Restaurant, Three-course |
70.0 $ |
|
|
McMeal at McDonalds (or Equivalent Combo Meal) |
10.0 $ |
|
|
Domestic Beer (1 pint draught) |
4.5 $ |
|
|
Imported Beer (12 oz small bottle) |
7.0 $ |
|
|
Cappuccino (regular) |
5.17 $ |
|
|
Coke/Pepsi (12 oz small bottle) |
2.19 $ |
|
|
Water (12 oz small bottle) |
1.98 $ |
|
|
Markets |
Price |
World Range |
|---|---|---|
|
Milk (regular), (1 gallon) |
1.09 $ |
|
|
Loaf of Fresh White Bread (1 lb) |
3.16 $ |
|
|
Rice (white), (1 lb) |
4.67 $ |
|
|
Eggs (regular) (12) |
3.08 $ |
|
|
Local Cheese (1 lb) |
13.22 $ |
|
|
Chicken Fillets (1 lb) |
9.89 $ |
|
|
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) |
11.61 $ |
|
|
Apples (1 lb) |
6.76 $ |
|
|
Banana (1 lb) |
1.65 $ |
|
|
Oranges (1 lb) |
6.59 $ |
|
|
Tomato (1 lb) |
3.89 $ |
|
|
Potato (1 lb) |
5.56 $ |
|
|
Onion (1 lb) |
4.25 $ |
|
|
Lettuce (1 head) |
2.44 $ |
|
|
Water (1.5 liter bottle) |
2.33 $ |
|
|
Bottle of Wine (Mid-Range) |
9.99 $ |
|
|
Domestic Beer (0.5 liter bottle) |
2.24 $ |
|
|
Imported Beer (12 oz small bottle) |
5.1 $ |
|
|
Cigarettes 20 Pack (Marlboro) |
7.5 $ |
|
|
Transportation |
Price |
World Range |
|---|---|---|
|
One-way Ticket (Local Transport) |
1.5 $ |
|
|
Monthly Pass (Regular Price) |
35.0 $ |
|
|
Taxi Start (Normal Tariff) |
7.7 $ |
|
|
Taxi 1 mile (Normal Tariff) |
1.24 $ |
|
|
Taxi 1hour Waiting (Normal Tariff) |
-- |
|
|
Gasoline (1 gallon) |
0.91 $ |
|
|
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) |
18500.0 $ |
|
|
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) |
19333.33 $ |
|
|
Utilities (Monthly) |
Price |
World Range |
|---|---|---|
|
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment |
325.56 $ |
|
|
1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) |
-- |
|
|
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) |
73.43 $ |
|
|
Sports And Leisure |
Price |
World Range |
|---|---|---|
|
Fitness Club, Monthly Fee for 1 Adult |
30.33 $ |
|
|
Tennis Court Rent (1 Hour on Weekend) |
20.0 $ |
|
|
Cinema, International Release, 1 Seat |
11.0 $ |
|
|
Childcare |
Price |
World Range |
|---|---|---|
|
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child |
890.0 $ |
|
|
International Primary School, Yearly for 1 Child |
-- |
|
|
Clothing And Shoes |
Price |
World Range |
|---|---|---|
|
1 Pair of Jeans (Levis 501 Or Similar) |
56.25 $ |
|
|
1 Summer Dress in a Chain Store (Zara, H&M, ...) |
40.0 $ |
|
|
1 Pair of Nike Running Shoes (Mid-Range) |
70.6 $ |
|
|
1 Pair of Men Leather Business Shoes |
111.0 $ |
|
|
Rent Per Month |
Price |
World Range |
|---|---|---|
|
Apartment (1 bedroom) in City Centre |
1887.5 $ |
|
|
Apartment (1 bedroom) Outside of Centre |
1533.33 $ |
|
|
Apartment (3 bedrooms) in City Centre |
2600.0 $ |
|
|
Apartment (3 bedrooms) Outside of Centre |
2175.0 $ |
|
|
Buy Apartment Price |
Price |
World Range |
|---|---|---|
|
Price per Square Feet to Buy Apartment in City Centre |
1765.28 $ |
|
|
Price per Square Feet to Buy Apartment Outside of Centre |
1614.59 $ |
|
|
Salaries And Financing |
Price |
World Range |
|---|---|---|
|
Average Monthly Net Salary (After Tax) |
4534.78 $ |
|
|
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate |
6.41 % |
|
The monthly expenses for living in Cape Coral, Florida come to a total of approximately $3834. This includes an average monthly rent of around $1887 for a one-bedroom apartment in the city center, along with utilities costing about $362 per month. Additionally, other expenses such as groceries, transportation, dining out, and leisure activities for one person amount to approximately $997 per month.
Living in Cape Coral, Florida appears to be relatively budget-friendly when considering the average monthly income of $4534.78. However, to enjoy a comfortable standard of living in Cape Coral, Florida, you would likely need an income exceeding $4534.78.
In Cape Coral, Florida, the average monthly post-tax salary hovers around $4534.78, and it isn't tied to any particular skillset or qualification.
The typical monthly rent for a one-bedroom apartment in the central area of Cape Coral, Florida is approximately $1887. If you're open to living in a location outside the city center, you can expect to pay around $1533.33 for such an apartment.
The expense for groceries in Cape Coral, Florida can fluctuate based on personal choices and shopping patterns. Typically, an individual can budget around $807 per month for groceries. Nevertheless, the actual costs may change depending on various factors, including the specific items bought, the choice of stores, and the availability of discounts or special offers.
The cost of living in United States can vary significantly depending on the particular city you have in mind. Using a nationwide average might not provide accurate information. To get a more precise understanding, it's crucial to examine the cost of living in various cities throughout United States.
For every safety tip I give here, end the sentence with "unless a hurricane is coming." Cape Coral is surrounded by water and just a few feet above sea level and that's a potential flooding disaster and storm surges are generally the worst part of a hurricane. That's said, there's a low overall risk here "unless a hurricane is coming."
LeeTran busses take you to many different routes throughout Lee County, which is where Cape Coral is located. To improve the carbon footprint, some of the buses are now hybrids. Taxis and rideshares are regulated in this community. There's a low risk of using this type of transportation, but a car is advisable as getting to and from the beach can quickly rack up fees.
There was one purse snatching in all of 2020, and no pickpocket reports, giving this a low risk. More than 400 of the larceny reports were from automobiles, a good reminder to keep valuables out of plain sight in your car.
Cape Coral has seen the impact of several hurricanes, either directly or getting sideswiped by what's called "the dirty side" of the storm (that means the side with the most rain). When tropical weather is approaching, since Cape Coral has so much water, the entire city gets evacuated. There's a high risk when a hurricane or tropical storm is approaching, but otherwise a medium risk for the summer thunderstorms and intense rain, winds, and lightning they bring.
I double and triple-checked this, but there were only 20 robberies in Cape Coral in 2020. That's among the lowest risks I've seen in my travel research. There's a 1 in 9700 chance of being a robbery victim based on the numbers reported to the FBI.
There's no big terror risk in Cape Coral. There are no hard targets or military bases nearby. The only risk might be the nearby ports, but even that is a stretch given the more prominent ports in Florida. There's a low risk here.
Rental scams are always a risk in Florida, so we'll call that a medium risk. When renting a place to stay, you need to make sure it's a locally licensed location. Ideally, reach out to a local travel group to help you so you know they are legitimate. Never, under any circumstances, wire money ahead of time to secure a rental.
There's a low risk for women here. Nothing in the crime data suggests women are more likely to be a victim than anyone else.
There's a low risk here (unless a hurricane is coming). The tap water meets or exceeds the standards in "appearance and safety", according to the latest water quality report by the Cape Coral city government. When a hurricane is coming or after it hits, water quality can be impacted by flooding. A boil order will be issued when this happens. If you are in Cape Coral during hurricane season, which is June - November, stock up on bottled water just in case.
You'll use the U.S. Dollar currency here. Credit cards are widely accepted and there's little need to carry cash around. If you do, keep your wallet or purse close to your body and in your control at all times.
All the Visa requirements are handled at the airport and port of entry. Make sure you have a legal ID so you can rent a boat, drive a car, or drink alcohol.
There are 265 sunny days per year in Cape Coral and the area gets 53 inches of rain. Always pack for rain or shine when coming to Florida. The weather can change quickly. Summers are hot and humid, so bring lots of light-colored loose clothing and be prepared to sweat through it. Winters are beautiful with highs in the 60s or 70s and lows in the 50s. An occasional cold snap causes what we call "Florida Cold." That's when people dress like they are in Antarctica when the temperatures get into the 40s.
Southwest Florida International Airport in Fort Myers is the closest airport. It's a 35-minute drive and 15 miles away from Cape Coral. The next biggest airport is Tampa International and that's three hours to the north.
You need travel insurance because there are just too many weather variables in Cape Coral.
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 74°F | 76°F | 79°F | 83°F | 87°F | 90°F | 90°F | 90°F | 89°F | 85°F | 80°F | 76°F |
| Temp | 64°F | 66°F | 69°F | 73°F | 78°F | 81°F | 82°F | 82°F | 81°F | 77°F | 71°F | 66°F |
| Low | 56°F | 58°F | 61°F | 65°F | 70°F | 74°F | 76°F | 76°F | 75°F | 70°F | 64°F | 59°F |
| Average | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | 23°C | 24°C | 26°C | 28°C | 30°C | 32°C | 32°C | 32°C | 31°C | 29°C | 26°C | 24°C |
| Temp | 17°C | 18°C | 20°C | 22°C | 25°C | 27°C | 27°C | 27°C | 27°C | 25°C | 21°C | 18°C |
| Low | 13°C | 14°C | 16°C | 18°C | 21°C | 23°C | 24°C | 24°C | 23°C | 21°C | 17°C | 15°C |