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

Cape Coral

Florida
114
VS

Lakewood

Colorado
141

Cape Coral is 19% cheaper than Lakewood.

$1,751/mo ≈ Same
Median Rent
$1,746/mo ≈ Same
$76,062/yr ↓ 11%
Median Income
$85,789/yr ↑ 13%
$339,200 ↓ 38%
Home Value
$548,200 ↑ 62%
$1,523/mo ↓ 12%
Owner Costs
$1,729/mo ↑ 14%
206,387
Population
156,309

Tax Comparison

0%
Income Tax
4.4%
6.0%
State Sales Tax
2.9%
0.86%
Property Tax
0.51%

Affordability

27.6%
rent-to-income
Affordability
24.4%
rent-to-income

Detailed Comparison

When comparing Cape Coral, FL and Lakewood, CO, the overall cost of living indices are 114 and 141 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $9,727/year higher in Lakewood. Home values also differ significantly — the median in Cape Coral is $339,200 compared to $548,200 in Lakewood.

Florida has no state income tax, giving Cape Coral residents a significant tax advantage over Colorado's 4.4% rate.

Frequently Asked Questions

Cape Coral vs Lakewood — common questions

Is Cape Coral or Lakewood cheaper to live in?
Based on our cost index, Cape Coral is cheaper to live in with an index of 114 compared to 141 (US average = 100).
What is the rent difference between Cape Coral and Lakewood?
Median rent in Cape Coral is $1,751/month and in Lakewood it's $1,746/month — a difference of $5/month.
Which city has higher income, Cape Coral or Lakewood?
Median household income is $76,062 in Cape Coral and $85,789 in Lakewood. Median household income is $9,727/year higher in Lakewood.
How do taxes compare between Florida and Colorado?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Cape Coral or Lakewood?
It depends on your priorities. Cape Coral has a cost index of 114 with median rent of $1,751/mo, while Lakewood has a cost index of 141 with rent of $1,746/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Cape Coral details → View Lakewood details →

More Comparisons

Other cost of living comparisons for Cape Coral and Lakewood

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 Lakewood vs. Macon Lakewood vs. Killeen Lakewood vs. Alexandria Lakewood vs. Kansas City Lakewood vs. Murfreesboro Lakewood vs. Springfield