Cost of Living: Cape Coral, FL vs Evansville, IN (2026)

Cape Coral

Florida
114
VS

Evansville

Indiana
57

Cape Coral is 100% more expensive than Evansville.

$1,751/mo ↑ 85%
Median Rent
$949/mo ↓ 46%
$76,062/yr ↑ 46%
Median Income
$52,251/yr ↓ 31%
$339,200 ↑ 163%
Home Value
$129,100 ↓ 62%
$1,523/mo ↑ 66%
Owner Costs
$919/mo ↓ 40%
206,387
Population
116,441

Tax Comparison

0%
Income Tax
3.05%
6.0%
State Sales Tax
7.0%
0.86%
Property Tax
0.83%

Affordability

27.6%
rent-to-income
Affordability
21.8%
rent-to-income

Detailed Comparison

When comparing Cape Coral, FL and Evansville, IN, the overall cost of living indices are 114 and 57 respectively (national median = 100). Rent is $802/month cheaper in Evansville, saving renters about $9,624/year.

Median household income is $23,811/year higher in Cape Coral. Home values also differ significantly — the median in Cape Coral is $339,200 compared to $129,100 in Evansville.

Florida has no state income tax, giving Cape Coral residents a significant tax advantage over Indiana's 3.05% rate.

Frequently Asked Questions

Cape Coral vs Evansville — common questions

Is Cape Coral or Evansville cheaper to live in?
Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 114 (US average = 100).
What is the rent difference between Cape Coral and Evansville?
Median rent in Cape Coral is $1,751/month and in Evansville it's $949/month — a difference of $802/month.
Which city has higher income, Cape Coral or Evansville?
Median household income is $76,062 in Cape Coral and $52,251 in Evansville. Median household income is $23,811/year higher in Cape Coral.
How do taxes compare between Florida and Indiana?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax.
Should I move to Cape Coral or Evansville?
It depends on your priorities. Cape Coral has a cost index of 114 with median rent of $1,751/mo, while Evansville has a cost index of 57 with rent of $949/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Cape Coral details → View Evansville details →

More Comparisons

Other cost of living comparisons for Cape Coral and Evansville

Cape Coral vs. Yonkers Cape Coral vs. Worcester Cape Coral vs. Fayetteville Cape Coral vs. Columbus Cape Coral vs. Rochester Cape Coral vs. Salt Lake City Evansville vs. The Woodlands Evansville vs. Brandon Evansville vs. Lakeland Evansville vs. West Jordan Evansville vs. Clearwater Evansville vs. Broken Arrow