Cost of Living: Cape Coral, FL vs West Palm Beach, FL (2026)

Cape Coral

Florida
114
VS

West Palm Beach

Florida
119

Cape Coral is 4% cheaper than West Palm Beach.

$1,751/mo ↑ 2%
Median Rent
$1,709/mo ↓ 2%
$76,062/yr ↑ 10%
Median Income
$69,261/yr ↓ 9%
$339,200 ↓ 8%
Home Value
$369,800 ↑ 9%
$1,523/mo ↓ 9%
Owner Costs
$1,667/mo ↑ 9%
206,387
Population
119,508

Tax Comparison

0%
Income Tax
0%
6.0%
State Sales Tax
6.0%
0.86%
Property Tax
0.86%

Affordability

27.6%
rent-to-income
Affordability
29.6%
rent-to-income

Detailed Comparison

When comparing Cape Coral, FL and West Palm Beach, FL, the overall cost of living indices are 114 and 119 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $6,801/year higher in Cape Coral. Home values also differ significantly — the median in Cape Coral is $339,200 compared to $369,800 in West Palm Beach.

Both cities share the same state tax structure since they are in Florida.

Frequently Asked Questions

Cape Coral vs West Palm Beach — common questions

Is Cape Coral or West Palm Beach cheaper to live in?
Based on our cost index, Cape Coral is cheaper to live in with an index of 114 compared to 119 (US average = 100).
What is the rent difference between Cape Coral and West Palm Beach?
Median rent in Cape Coral is $1,751/month and in West Palm Beach it's $1,709/month — a difference of $42/month.
Which city has higher income, Cape Coral or West Palm Beach?
Median household income is $76,062 in Cape Coral and $69,261 in West Palm Beach. Median household income is $6,801/year higher in Cape Coral.
How do taxes compare between Florida and Florida?
Both cities are in Florida and share the same state tax rates: 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Cape Coral or West Palm Beach?
It depends on your priorities. Cape Coral has a cost index of 114 with median rent of $1,751/mo, while West Palm Beach has a cost index of 119 with rent of $1,709/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Cape Coral details → View West Palm Beach details →

More Comparisons

Other cost of living comparisons for Cape Coral and West Palm Beach

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 West Palm Beach vs. Hartford West Palm Beach vs. Spring Hill West Palm Beach vs. Fairfield West Palm Beach vs. Wilmington West Palm Beach vs. Berkeley West Palm Beach vs. Billings