Cost of Living: Cape Coral, FL vs Akron, OH (2026)

Cape Coral

Florida
114
VS

Akron

Ohio
55

Cape Coral is 107% more expensive than Akron.

$1,751/mo ↑ 88%
Median Rent
$930/mo ↓ 47%
$76,062/yr ↑ 57%
Median Income
$48,544/yr ↓ 36%
$339,200 ↑ 205%
Home Value
$111,200 ↓ 67%
$1,523/mo ↑ 68%
Owner Costs
$904/mo ↓ 41%
206,387
Population
189,526

Tax Comparison

0%
Income Tax
3.5%
6.0%
State Sales Tax
5.75%
0.86%
Property Tax
1.53%

Affordability

27.6%
rent-to-income
Affordability
23.0%
rent-to-income

Detailed Comparison

When comparing Cape Coral, FL and Akron, OH, the overall cost of living indices are 114 and 55 respectively (national median = 100). Rent is $821/month cheaper in Akron, saving renters about $9,852/year.

Median household income is $27,518/year higher in Cape Coral. Home values also differ significantly — the median in Cape Coral is $339,200 compared to $111,200 in Akron.

Florida has no state income tax, giving Cape Coral residents a significant tax advantage over Ohio's 3.5% rate.

Frequently Asked Questions

Cape Coral vs Akron — common questions

Is Cape Coral or Akron cheaper to live in?
Based on our cost index, Akron is cheaper to live in with an index of 55 compared to 114 (US average = 100).
What is the rent difference between Cape Coral and Akron?
Median rent in Cape Coral is $1,751/month and in Akron it's $930/month — a difference of $821/month.
Which city has higher income, Cape Coral or Akron?
Median household income is $76,062 in Cape Coral and $48,544 in Akron. Median household income is $27,518/year higher in Cape Coral.
How do taxes compare between Florida and Ohio?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax.
Should I move to Cape Coral or Akron?
It depends on your priorities. Cape Coral has a cost index of 114 with median rent of $1,751/mo, while Akron has a cost index of 55 with rent of $930/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Cape Coral details → View Akron details →

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