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

Cape Coral

Florida
114
VS

Odessa

Texas
83

Cape Coral is 37% more expensive than Odessa.

$1,751/mo ↑ 32%
Median Rent
$1,322/mo ↓ 25%
$76,062/yr ↑ 4%
Median Income
$73,030/yr ↓ 4%
$339,200 ↑ 63%
Home Value
$208,000 ↓ 39%
$1,523/mo ↑ 22%
Owner Costs
$1,251/mo ↓ 18%
206,387
Population
114,080

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
21.7%
rent-to-income

Detailed Comparison

When comparing Cape Coral, FL and Odessa, TX, the overall cost of living indices are 114 and 83 respectively (national median = 100). Rent is $429/month cheaper in Odessa, saving renters about $5,148/year.

Median household income is $3,032/year higher in Cape Coral. Home values also differ significantly — the median in Cape Coral is $339,200 compared to $208,000 in Odessa.

Frequently Asked Questions

Cape Coral vs Odessa — common questions

Is Cape Coral or Odessa cheaper to live in?
Based on our cost index, Odessa is cheaper to live in with an index of 83 compared to 114 (US average = 100).
What is the rent difference between Cape Coral and Odessa?
Median rent in Cape Coral is $1,751/month and in Odessa it's $1,322/month — a difference of $429/month.
Which city has higher income, Cape Coral or Odessa?
Median household income is $76,062 in Cape Coral and $73,030 in Odessa. Median household income is $3,032/year higher in Cape Coral.
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 Odessa?
It depends on your priorities. Cape Coral has a cost index of 114 with median rent of $1,751/mo, while Odessa has a cost index of 83 with rent of $1,322/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Cape Coral details → View Odessa details →

More Comparisons

Other cost of living comparisons for Cape Coral and Odessa

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 Odessa vs. Elgin Odessa vs. Springfield Odessa vs. Provo Odessa vs. Beaumont Odessa vs. Waterbury Odessa vs. Gresham