Cost of Living: Cape Coral, FL vs Springfield, IL (2026)

Cape Coral

Florida
114
VS

Springfield

Illinois
61

Cape Coral is 87% more expensive than Springfield.

$1,751/mo ↑ 85%
Median Rent
$945/mo ↓ 46%
$76,062/yr ↑ 16%
Median Income
$65,537/yr ↓ 14%
$339,200 ↑ 119%
Home Value
$155,200 ↓ 54%
$1,523/mo ↑ 56%
Owner Costs
$974/mo ↓ 36%
206,387
Population
113,714

Tax Comparison

0%
Income Tax
4.95%
6.0%
State Sales Tax
6.25%
0.86%
Property Tax
2.07%

Affordability

27.6%
rent-to-income
Affordability
17.3%
rent-to-income

Detailed Comparison

When comparing Cape Coral, FL and Springfield, IL, the overall cost of living indices are 114 and 61 respectively (national median = 100). Rent is $806/month cheaper in Springfield, saving renters about $9,672/year.

Median household income is $10,525/year higher in Cape Coral. Home values also differ significantly — the median in Cape Coral is $339,200 compared to $155,200 in Springfield.

Florida has no state income tax, giving Cape Coral residents a significant tax advantage over Illinois's 4.95% rate.

Frequently Asked Questions

Cape Coral vs Springfield — common questions

Is Cape Coral or Springfield cheaper to live in?
Based on our cost index, Springfield is cheaper to live in with an index of 61 compared to 114 (US average = 100).
What is the rent difference between Cape Coral and Springfield?
Median rent in Cape Coral is $1,751/month and in Springfield it's $945/month — a difference of $806/month.
Which city has higher income, Cape Coral or Springfield?
Median household income is $76,062 in Cape Coral and $65,537 in Springfield. Median household income is $10,525/year higher in Cape Coral.
How do taxes compare between Florida and Illinois?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Cape Coral or Springfield?
It depends on your priorities. Cape Coral has a cost index of 114 with median rent of $1,751/mo, while Springfield has a cost index of 61 with rent of $945/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Cape Coral details → View Springfield details →

More Comparisons

Other cost of living comparisons for Cape Coral and Springfield

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 Springfield vs. Odessa Springfield vs. Beaumont Springfield vs. Elgin Springfield vs. Gresham Springfield vs. Provo Springfield vs. Las Cruces