Cost of Living: New Orleans, LA vs Cape Coral, FL (2026)

New Orleans

Louisiana
90
VS

Cape Coral

Florida
114

New Orleans is 21% cheaper than Cape Coral.

$1,211/mo ↓ 31%
Median Rent
$1,751/mo ↑ 45%
$55,339/yr ↓ 27%
Median Income
$76,062/yr ↑ 37%
$296,400 ↓ 13%
Home Value
$339,200 ↑ 14%
$1,274/mo ↓ 16%
Owner Costs
$1,523/mo ↑ 20%
376,035
Population
206,387

Tax Comparison

4.25%
Income Tax
0%
4.45%
State Sales Tax
6.0%
0.55%
Property Tax
0.86%

Affordability

26.3%
rent-to-income
Affordability
27.6%
rent-to-income

Detailed Comparison

When comparing New Orleans, LA and Cape Coral, FL, the overall cost of living indices are 90 and 114 respectively (national median = 100). Rent is $540/month cheaper in New Orleans, saving renters about $6,480/year.

Median household income is $20,723/year higher in Cape Coral. Home values also differ significantly — the median in New Orleans is $296,400 compared to $339,200 in Cape Coral.

Florida has no state income tax, giving Cape Coral residents a significant tax advantage over Louisiana's 4.25% rate.

Frequently Asked Questions

New Orleans vs Cape Coral — common questions

Is New Orleans or Cape Coral cheaper to live in?
Based on our cost index, New Orleans is cheaper to live in with an index of 90 compared to 114 (US average = 100).
What is the rent difference between New Orleans and Cape Coral?
Median rent in New Orleans is $1,211/month and in Cape Coral it's $1,751/month — a difference of $540/month.
Which city has higher income, New Orleans or Cape Coral?
Median household income is $55,339 in New Orleans and $76,062 in Cape Coral. Median household income is $20,723/year higher in Cape Coral.
How do taxes compare between Louisiana and Florida?
Louisiana has 4.25% income tax, 4.45% sales tax, and 0.55% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to New Orleans or Cape Coral?
It depends on your priorities. New Orleans has a cost index of 90 with median rent of $1,211/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 New Orleans details → View Cape Coral details →

More Comparisons

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