Cost of Living: Virginia Beach, VA vs Cape Coral, FL (2026)

Virginia Beach

Virginia
117
VS

Cape Coral

Florida
114

Virginia Beach is 3% more expensive than Cape Coral.

$1,649/mo ↓ 6%
Median Rent
$1,751/mo ↑ 6%
$90,685/yr ↑ 19%
Median Income
$76,062/yr ↓ 16%
$366,300 ↑ 8%
Home Value
$339,200 ↓ 7%
$1,704/mo ↑ 12%
Owner Costs
$1,523/mo ↓ 11%
457,066
Population
206,387

Tax Comparison

5.75%
Income Tax
0%
5.3%
State Sales Tax
6.0%
0.8%
Property Tax
0.86%

Affordability

21.8%
rent-to-income
Affordability
27.6%
rent-to-income

Detailed Comparison

When comparing Virginia Beach, VA and Cape Coral, FL, the overall cost of living indices are 117 and 114 respectively (national median = 100). Rent is $102/month cheaper in Virginia Beach, saving renters about $1,224/year.

Median household income is $14,623/year higher in Virginia Beach. Home values also differ significantly — the median in Virginia Beach is $366,300 compared to $339,200 in Cape Coral.

Florida has no state income tax, giving Cape Coral residents a significant tax advantage over Virginia's 5.75% rate.

Frequently Asked Questions

Virginia Beach vs Cape Coral — common questions

Is Virginia Beach 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 117 (US average = 100).
What is the rent difference between Virginia Beach and Cape Coral?
Median rent in Virginia Beach is $1,649/month and in Cape Coral it's $1,751/month — a difference of $102/month.
Which city has higher income, Virginia Beach or Cape Coral?
Median household income is $90,685 in Virginia Beach and $76,062 in Cape Coral. Median household income is $14,623/year higher in Virginia Beach.
How do taxes compare between Virginia and Florida?
Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Virginia Beach or Cape Coral?
It depends on your priorities. Virginia Beach has a cost index of 117 with median rent of $1,649/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 Virginia Beach details → View Cape Coral details →

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