Cost of Living: Cape Coral, FL vs Peoria, AZ (2026)

Cape Coral

Florida
114
VS

Peoria

Arizona
125

Cape Coral is 9% cheaper than Peoria.

$1,751/mo ≈ Same
Median Rent
$1,743/mo ≈ Same
$76,062/yr ↓ 19%
Median Income
$93,403/yr ↑ 23%
$339,200 ↓ 21%
Home Value
$429,400 ↑ 27%
$1,523/mo ↓ 4%
Owner Costs
$1,589/mo ↑ 4%
206,387
Population
194,338

Tax Comparison

0%
Income Tax
2.5%
6.0%
State Sales Tax
5.6%
0.86%
Property Tax
0.62%

Affordability

27.6%
rent-to-income
Affordability
22.4%
rent-to-income

Detailed Comparison

When comparing Cape Coral, FL and Peoria, AZ, the overall cost of living indices are 114 and 125 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $17,341/year higher in Peoria. Home values also differ significantly — the median in Cape Coral is $339,200 compared to $429,400 in Peoria.

Florida has no state income tax, giving Cape Coral residents a significant tax advantage over Arizona's 2.5% rate.

Frequently Asked Questions

Cape Coral vs Peoria — common questions

Is Cape Coral or Peoria cheaper to live in?
Based on our cost index, Cape Coral is cheaper to live in with an index of 114 compared to 125 (US average = 100).
What is the rent difference between Cape Coral and Peoria?
Median rent in Cape Coral is $1,751/month and in Peoria it's $1,743/month — a difference of $8/month.
Which city has higher income, Cape Coral or Peoria?
Median household income is $76,062 in Cape Coral and $93,403 in Peoria. Median household income is $17,341/year higher in Peoria.
How do taxes compare between Florida and Arizona?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.
Should I move to Cape Coral or Peoria?
It depends on your priorities. Cape Coral has a cost index of 114 with median rent of $1,751/mo, while Peoria has a cost index of 125 with rent of $1,743/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Cape Coral details → View Peoria details →

More Comparisons

Other cost of living comparisons for Cape Coral and Peoria

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 Peoria vs. Huntington Beach Peoria vs. Knoxville Peoria vs. Overland Park Peoria vs. Vancouver Peoria vs. Sioux Falls Peoria vs. Glendale