Cost of Living: Cape Coral, FL vs Syracuse, NY (2026)

Cape Coral

Florida
114
VS

Syracuse

New York
59

Cape Coral is 93% more expensive than Syracuse.

$1,751/mo ↑ 75%
Median Rent
$998/mo ↓ 43%
$76,062/yr ↑ 66%
Median Income
$45,845/yr ↓ 40%
$339,200 ↑ 171%
Home Value
$125,100 ↓ 63%
$1,523/mo ↑ 55%
Owner Costs
$980/mo ↓ 36%
206,387
Population
146,211

Tax Comparison

0%
Income Tax
10.9%
6.0%
State Sales Tax
4.0%
0.86%
Property Tax
1.62%

Affordability

27.6%
rent-to-income
Affordability
26.1%
rent-to-income

Detailed Comparison

When comparing Cape Coral, FL and Syracuse, NY, the overall cost of living indices are 114 and 59 respectively (national median = 100). Rent is $753/month cheaper in Syracuse, saving renters about $9,036/year.

Median household income is $30,217/year higher in Cape Coral. Home values also differ significantly — the median in Cape Coral is $339,200 compared to $125,100 in Syracuse.

Florida has no state income tax, giving Cape Coral residents a significant tax advantage over New York's 10.9% rate.

Frequently Asked Questions

Cape Coral vs Syracuse — common questions

Is Cape Coral or Syracuse cheaper to live in?
Based on our cost index, Syracuse is cheaper to live in with an index of 59 compared to 114 (US average = 100).
What is the rent difference between Cape Coral and Syracuse?
Median rent in Cape Coral is $1,751/month and in Syracuse it's $998/month — a difference of $753/month.
Which city has higher income, Cape Coral or Syracuse?
Median household income is $76,062 in Cape Coral and $45,845 in Syracuse. Median household income is $30,217/year higher in Cape Coral.
How do taxes compare between Florida and New York?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. New York has 10.9% income tax, 4.0% sales tax, and 1.62% property tax.
Should I move to Cape Coral or Syracuse?
It depends on your priorities. Cape Coral has a cost index of 114 with median rent of $1,751/mo, while Syracuse has a cost index of 59 with rent of $998/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Cape Coral details → View Syracuse details →

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