Cost of Living: Cape Coral, FL vs New Haven, CT (2026)

Cape Coral

Florida
114
VS

New Haven

Connecticut
95

Cape Coral is 20% more expensive than New Haven.

$1,751/mo ↑ 21%
Median Rent
$1,442/mo ↓ 18%
$76,062/yr ↑ 41%
Median Income
$53,771/yr ↓ 29%
$339,200 ↑ 36%
Home Value
$249,000 ↓ 27%
$1,523/mo ≈ Same
Owner Costs
$1,520/mo ≈ Same
206,387
Population
132,893

Tax Comparison

0%
Income Tax
6.99%
6.0%
State Sales Tax
6.35%
0.86%
Property Tax
2.15%

Affordability

27.6%
rent-to-income
Affordability
32.2%
rent-to-income

Detailed Comparison

When comparing Cape Coral, FL and New Haven, CT, the overall cost of living indices are 114 and 95 respectively (national median = 100). Rent is $309/month cheaper in New Haven, saving renters about $3,708/year.

Median household income is $22,291/year higher in Cape Coral. Home values also differ significantly — the median in Cape Coral is $339,200 compared to $249,000 in New Haven.

Florida has no state income tax, giving Cape Coral residents a significant tax advantage over Connecticut's 6.99% rate.

Frequently Asked Questions

Cape Coral vs New Haven — common questions

Is Cape Coral or New Haven cheaper to live in?
Based on our cost index, New Haven is cheaper to live in with an index of 95 compared to 114 (US average = 100).
What is the rent difference between Cape Coral and New Haven?
Median rent in Cape Coral is $1,751/month and in New Haven it's $1,442/month — a difference of $309/month.
Which city has higher income, Cape Coral or New Haven?
Median household income is $76,062 in Cape Coral and $53,771 in New Haven. Median household income is $22,291/year higher in Cape Coral.
How do taxes compare between Florida and Connecticut?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax.
Should I move to Cape Coral or New Haven?
It depends on your priorities. Cape Coral has a cost index of 114 with median rent of $1,751/mo, while New Haven has a cost index of 95 with rent of $1,442/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Cape Coral details → View New Haven details →

More Comparisons

Other cost of living comparisons for Cape Coral and New Haven

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