Cost of Living: El Paso, TX vs Cape Coral, FL (2026)

El Paso

Texas
67
VS

Cape Coral

Florida
114

El Paso is 41% cheaper than Cape Coral.

$1,041/mo ↓ 41%
Median Rent
$1,751/mo ↑ 68%
$58,734/yr ↓ 23%
Median Income
$76,062/yr ↑ 30%
$171,700 ↓ 49%
Home Value
$339,200 ↑ 98%
$1,044/mo ↓ 31%
Owner Costs
$1,523/mo ↑ 46%
678,147
Population
206,387

Tax Comparison

0%
Income Tax
0%
6.25%
State Sales Tax
6.0%
1.6%
Property Tax
0.86%

Affordability

21.3%
rent-to-income
Affordability
27.6%
rent-to-income

Detailed Comparison

When comparing El Paso, TX and Cape Coral, FL, the overall cost of living indices are 67 and 114 respectively (national median = 100). Rent is $710/month cheaper in El Paso, saving renters about $8,520/year.

Median household income is $17,328/year higher in Cape Coral. Home values also differ significantly — the median in El Paso is $171,700 compared to $339,200 in Cape Coral.

Frequently Asked Questions

El Paso vs Cape Coral — common questions

Is El Paso or Cape Coral cheaper to live in?
Based on our cost index, El Paso is cheaper to live in with an index of 67 compared to 114 (US average = 100).
What is the rent difference between El Paso and Cape Coral?
Median rent in El Paso is $1,041/month and in Cape Coral it's $1,751/month — a difference of $710/month.
Which city has higher income, El Paso or Cape Coral?
Median household income is $58,734 in El Paso and $76,062 in Cape Coral. Median household income is $17,328/year higher in Cape Coral.
How do taxes compare between Texas and Florida?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to El Paso or Cape Coral?
It depends on your priorities. El Paso has a cost index of 67 with median rent of $1,041/mo, while Cape Coral has a cost index of 114 with rent of $1,751/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View El Paso details → View Cape Coral details →

More Comparisons

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