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

Cape Coral

Florida
114
VS

Jackson

Mississippi
58

Cape Coral is 97% more expensive than Jackson.

$1,751/mo ↑ 72%
Median Rent
$1,018/mo ↓ 42%
$76,062/yr ↑ 76%
Median Income
$43,238/yr ↓ 43%
$339,200 ↑ 213%
Home Value
$108,200 ↓ 68%
$1,523/mo ↑ 59%
Owner Costs
$956/mo ↓ 37%
206,387
Population
149,827

Tax Comparison

0%
Income Tax
5.0%
6.0%
State Sales Tax
7.0%
0.86%
Property Tax
0.67%

Affordability

27.6%
rent-to-income
Affordability
28.3%
rent-to-income

Detailed Comparison

When comparing Cape Coral, FL and Jackson, MS, the overall cost of living indices are 114 and 58 respectively (national median = 100). Rent is $733/month cheaper in Jackson, saving renters about $8,796/year.

Median household income is $32,824/year higher in Cape Coral. Home values also differ significantly — the median in Cape Coral is $339,200 compared to $108,200 in Jackson.

Florida has no state income tax, giving Cape Coral residents a significant tax advantage over Mississippi's 5.0% rate.

Frequently Asked Questions

Cape Coral vs Jackson — common questions

Is Cape Coral or Jackson cheaper to live in?
Based on our cost index, Jackson is cheaper to live in with an index of 58 compared to 114 (US average = 100).
What is the rent difference between Cape Coral and Jackson?
Median rent in Cape Coral is $1,751/month and in Jackson it's $1,018/month — a difference of $733/month.
Which city has higher income, Cape Coral or Jackson?
Median household income is $76,062 in Cape Coral and $43,238 in Jackson. Median household income is $32,824/year higher in Cape Coral.
How do taxes compare between Florida and Mississippi?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Mississippi has 5.0% income tax, 7.0% sales tax, and 0.67% property tax.
Should I move to Cape Coral or Jackson?
It depends on your priorities. Cape Coral has a cost index of 114 with median rent of $1,751/mo, while Jackson has a cost index of 58 with rent of $1,018/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Cape Coral details → View Jackson details →

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