Cost of Living Analytics

Cost of Living / Cape Coral–Fort Myers, FL Metro

Cost of Living in Cape Coral–Fort Myers, FL Metro

Official metro name: Cape Coral-Fort Myers, FL Metro Area

Cape Coral–Fort Myers, FL Metro has a population of 772,902. Median household income is $69,368 and median rent is $1,466 per month. Rent is roughly 25.4% of median monthly income.

State: FLPopulation: 772,902Income: $69,368Rent: $1,466Affordability: Moderate (25.4%)
Median Household Income
$69,368
Annual (ACS median)
Median Rent
$1,466
Monthly (ACS median gross rent)
Rent as % of Income
25.4%
rent ÷ (income/12)
Cost Index
92
Simplified relative index

Is Cape Coral–Fort Myers, FL Metro expensive?

Based on median rent and income, Cape Coral–Fort Myers, FL Metro has a Moderate rent burden. Median rent is $1,466, which is about 25.4% of median monthly household income.

Average rent in Cape Coral–Fort Myers, FL Metro

Median rent (ACS) is $1,466 per month. (Neighborhoods vary widely.)

How much income do you need in Cape Coral–Fort Myers, FL Metro?

Median household income (ACS) is $69,368 per year. Housing costs take a bigger share of income when rent burden is high.

Other metros in FL

Compare Cape Coral–Fort Myers, FL Metro with nearby metros:

Data sources

  • US Census Bureau American Community Survey (ACS).
  • Affordability metric: median rent ÷ (median household income / 12).
  • Figures are metro-level medians; local variation is expected.