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

Cape Coral

Florida
114
VS

Midland

Texas
99

Cape Coral is 15% more expensive than Midland.

$1,751/mo ↑ 24%
Median Rent
$1,407/mo ↓ 20%
$76,062/yr ↓ 17%
Median Income
$91,169/yr ↑ 20%
$339,200 ↑ 14%
Home Value
$298,600 ↓ 12%
$1,523/mo ↑ 4%
Owner Costs
$1,468/mo ↓ 4%
206,387
Population
133,998

Tax Comparison

0%
Income Tax
0%
6.0%
State Sales Tax
6.25%
0.86%
Property Tax
1.6%

Affordability

27.6%
rent-to-income
Affordability
18.5%
rent-to-income

Detailed Comparison

When comparing Cape Coral, FL and Midland, TX, the overall cost of living indices are 114 and 99 respectively (national median = 100). Rent is $344/month cheaper in Midland, saving renters about $4,128/year.

Median household income is $15,107/year higher in Midland. Home values also differ significantly — the median in Cape Coral is $339,200 compared to $298,600 in Midland.

Frequently Asked Questions

Cape Coral vs Midland — common questions

Is Cape Coral or Midland cheaper to live in?
Based on our cost index, Midland is cheaper to live in with an index of 99 compared to 114 (US average = 100).
What is the rent difference between Cape Coral and Midland?
Median rent in Cape Coral is $1,751/month and in Midland it's $1,407/month — a difference of $344/month.
Which city has higher income, Cape Coral or Midland?
Median household income is $76,062 in Cape Coral and $91,169 in Midland. Median household income is $15,107/year higher in Midland.
How do taxes compare between Florida and Texas?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Cape Coral or Midland?
It depends on your priorities. Cape Coral has a cost index of 114 with median rent of $1,751/mo, while Midland has a cost index of 99 with rent of $1,407/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Cape Coral details → View Midland details →

More Comparisons

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