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

Cape Coral

Florida
114
VS

Springfield

Massachusetts
79

Cape Coral is 44% more expensive than Springfield.

$1,751/mo ↑ 57%
Median Rent
$1,114/mo ↓ 36%
$76,062/yr ↑ 48%
Median Income
$51,339/yr ↓ 33%
$339,200 ↑ 52%
Home Value
$222,700 ↓ 34%
$1,523/mo ↑ 19%
Owner Costs
$1,276/mo ↓ 16%
206,387
Population
154,751

Tax Comparison

0%
Income Tax
9.0%
6.0%
State Sales Tax
6.25%
0.86%
Property Tax
1.15%

Affordability

27.6%
rent-to-income
Affordability
26.0%
rent-to-income

Detailed Comparison

When comparing Cape Coral, FL and Springfield, MA, the overall cost of living indices are 114 and 79 respectively (national median = 100). Rent is $637/month cheaper in Springfield, saving renters about $7,644/year.

Median household income is $24,723/year higher in Cape Coral. Home values also differ significantly — the median in Cape Coral is $339,200 compared to $222,700 in Springfield.

Florida has no state income tax, giving Cape Coral residents a significant tax advantage over Massachusetts's 9.0% 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 79 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 $1,114/month — a difference of $637/month.
Which city has higher income, Cape Coral or Springfield?
Median household income is $76,062 in Cape Coral and $51,339 in Springfield. Median household income is $24,723/year higher in Cape Coral.
How do taxes compare between Florida and Massachusetts?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Massachusetts has 9.0% income tax, 6.25% sales tax, and 1.15% 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 79 with rent of $1,114/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

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