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

Cape Coral

Florida
114
VS

Hollywood

Florida
113

Cape Coral and Hollywood have a similar cost of living.

$1,751/mo ↑ 13%
Median Rent
$1,555/mo ↓ 11%
$76,062/yr ↑ 16%
Median Income
$65,359/yr ↓ 14%
$339,200 ↓ 9%
Home Value
$374,200 ↑ 10%
$1,523/mo ↓ 3%
Owner Costs
$1,568/mo ↑ 3%
206,387
Population
152,935

Tax Comparison

0%
Income Tax
0%
6.0%
State Sales Tax
6.0%
0.86%
Property Tax
0.86%

Affordability

27.6%
rent-to-income
Affordability
28.6%
rent-to-income

Detailed Comparison

When comparing Cape Coral, FL and Hollywood, FL, the overall cost of living indices are 114 and 113 respectively (national median = 100). Rent is $196/month cheaper in Hollywood, saving renters about $2,352/year.

Median household income is $10,703/year higher in Cape Coral. Home values also differ significantly — the median in Cape Coral is $339,200 compared to $374,200 in Hollywood.

Both cities share the same state tax structure since they are in Florida.

Frequently Asked Questions

Cape Coral vs Hollywood — common questions

Is Cape Coral or Hollywood cheaper to live in?
Based on our cost index, Hollywood is cheaper to live in with an index of 113 compared to 114 (US average = 100).
What is the rent difference between Cape Coral and Hollywood?
Median rent in Cape Coral is $1,751/month and in Hollywood it's $1,555/month — a difference of $196/month.
Which city has higher income, Cape Coral or Hollywood?
Median household income is $76,062 in Cape Coral and $65,359 in Hollywood. Median household income is $10,703/year higher in Cape Coral.
How do taxes compare between Florida and Florida?
Both cities are in Florida and share the same state tax rates: 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Cape Coral or Hollywood?
It depends on your priorities. Cape Coral has a cost index of 114 with median rent of $1,751/mo, while Hollywood has a cost index of 113 with rent of $1,555/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Cape Coral details → View Hollywood details →

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