Cost of Living: Honolulu, HI vs Cape Coral, FL (2026)

Honolulu

Hawaii
175
VS

Cape Coral

Florida
114

Honolulu is 54% more expensive than Cape Coral.

$1,783/mo ↑ 2%
Median Rent
$1,751/mo ↓ 2%
$85,428/yr ↑ 12%
Median Income
$76,062/yr ↓ 11%
$834,100 ↑ 146%
Home Value
$339,200 ↓ 59%
$1,809/mo ↑ 19%
Owner Costs
$1,523/mo ↓ 16%
346,323
Population
206,387

Tax Comparison

11.0%
Income Tax
0%
4.0%
State Sales Tax
6.0%
0.32%
Property Tax
0.86%

Affordability

25.0%
rent-to-income
Affordability
27.6%
rent-to-income

Detailed Comparison

When comparing Honolulu, HI and Cape Coral, FL, the overall cost of living indices are 175 and 114 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $9,366/year higher in Honolulu. Home values also differ significantly — the median in Honolulu is $834,100 compared to $339,200 in Cape Coral.

Florida has no state income tax, giving Cape Coral residents a significant tax advantage over Hawaii's 11.0% rate.

Frequently Asked Questions

Honolulu vs Cape Coral — common questions

Is Honolulu or Cape Coral cheaper to live in?
Based on our cost index, Cape Coral is cheaper to live in with an index of 114 compared to 175 (US average = 100).
What is the rent difference between Honolulu and Cape Coral?
Median rent in Honolulu is $1,783/month and in Cape Coral it's $1,751/month — a difference of $32/month.
Which city has higher income, Honolulu or Cape Coral?
Median household income is $85,428 in Honolulu and $76,062 in Cape Coral. Median household income is $9,366/year higher in Honolulu.
How do taxes compare between Hawaii and Florida?
Hawaii has 11.0% income tax, 4.0% sales tax, and 0.32% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Honolulu or Cape Coral?
It depends on your priorities. Honolulu has a cost index of 175 with median rent of $1,783/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 Honolulu details → View Cape Coral details →

More Comparisons

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