Cost of Living: Cape Coral, FL vs Savannah, GA (2026)

Cape Coral

Florida
114
VS

Savannah

Georgia
84

Cape Coral is 36% more expensive than Savannah.

$1,751/mo ↑ 34%
Median Rent
$1,302/mo ↓ 26%
$76,062/yr ↑ 34%
Median Income
$56,782/yr ↓ 25%
$339,200 ↑ 51%
Home Value
$225,200 ↓ 34%
$1,523/mo ↑ 21%
Owner Costs
$1,257/mo ↓ 17%
206,387
Population
147,546

Tax Comparison

0%
Income Tax
5.49%
6.0%
State Sales Tax
4.0%
0.86%
Property Tax
0.92%

Affordability

27.6%
rent-to-income
Affordability
27.5%
rent-to-income

Detailed Comparison

When comparing Cape Coral, FL and Savannah, GA, the overall cost of living indices are 114 and 84 respectively (national median = 100). Rent is $449/month cheaper in Savannah, saving renters about $5,388/year.

Median household income is $19,280/year higher in Cape Coral. Home values also differ significantly — the median in Cape Coral is $339,200 compared to $225,200 in Savannah.

Florida has no state income tax, giving Cape Coral residents a significant tax advantage over Georgia's 5.49% rate.

Frequently Asked Questions

Cape Coral vs Savannah — common questions

Is Cape Coral or Savannah cheaper to live in?
Based on our cost index, Savannah is cheaper to live in with an index of 84 compared to 114 (US average = 100).
What is the rent difference between Cape Coral and Savannah?
Median rent in Cape Coral is $1,751/month and in Savannah it's $1,302/month — a difference of $449/month.
Which city has higher income, Cape Coral or Savannah?
Median household income is $76,062 in Cape Coral and $56,782 in Savannah. Median household income is $19,280/year higher in Cape Coral.
How do taxes compare between Florida and Georgia?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Georgia has 5.49% income tax, 4.0% sales tax, and 0.92% property tax.
Should I move to Cape Coral or Savannah?
It depends on your priorities. Cape Coral has a cost index of 114 with median rent of $1,751/mo, while Savannah has a cost index of 84 with rent of $1,302/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Cape Coral details → View Savannah details →

More Comparisons

Other cost of living comparisons for Cape Coral and Savannah

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