Cape Coral is 4% cheaper than Lowell.
When comparing Cape Coral, FL and Lowell, MA, the overall cost of living indices are 114 and 119 respectively (national median = 100). Rent is $148/month cheaper in Lowell, saving renters about $1,776/year.
Median household income is $143/year higher in Lowell. Home values also differ significantly — the median in Cape Coral is $339,200 compared to $395,100 in Lowell.
Florida has no state income tax, giving Cape Coral residents a significant tax advantage over Massachusetts's 9.0% rate.
Cape Coral vs Lowell — common questions
Other cost of living comparisons for Cape Coral and Lowell