Cost of LivingUpdated 2026-03-26

Cape Coral, Florida

In Cape Coral, Florida, a gallon of regular gas costs $3.88 as of 2026-03-26 — $0.10 below the national average of $3.98. The average monthly rent for all unit types is $1,842, compared to the national average of $1,900. Grocery inflation is running at 5.27% year-over-year. Since 2022, bread prices have increased significantly while egg prices have been volatile due to avian flu outbreaks. Cape Coral's cost-of-living index of 98 puts it below the national average of 100.

Key Numbers

Gas (Regular)

$3.88

National: $3.98

196.1%since 2000
AAA Gas Prices

Avg Rent (All)

$1,842

National: $1,900

31.2%since 2000
Zillow ZORI Metro (2026-02)

Grocery Inflation

5.27%

Year-over-year

BLS/FRED CPI

Fast Food Avg

$13.00

Combo meal

5.2%YoY

Electricity

15.92¢

per kWh · ~$143/mo

8.4%vs US avg
EIA Residential

Car Insurance

$265/mo

$3,183/yr

48.0%vs national avg
Bankrate/NAIC

Median Household Income

$73,099

41.4% goes to essentials

41.4%cost burden
Census ACS 2023
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Car Insurance

Avg $3,183 in Cape Coral. Compare rates:

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Find Apartments

Avg rent $1,842/mo in Cape Coral. Browse listings:

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Grocery Prices

Grocery Prices — 2000 to Present

National BLS averages · submit local prices below ↓

Eggs (dozen)

Bird flu volatility

$2.58 BLS avg

$1.29 @ Fred Meyer - Boise Franklin (FRED)

+156.4%

Milk (gallon)

$4.10 BLS avg

$2.69 @ Fred Meyer - Boise Franklin (FRED)

+44.6%

Ground Beef (lb)

$1.48 in 2000$6.75 BLS avg

+354.4%

Bread (loaf)

$1.84 BLS avg

$2.49 @ Fred Meyer - Boise Franklin (FRED)

+104.0%

Chicken Breast (lb)

$2.04 BLS avg

$4.99 @ Fred Meyer - Boise Franklin (FRED)

+93.5%

Butter (lb)

$5.48 BLS avg

$6.99 @ Fred Meyer - Boise Franklin (FRED)

+29.6%

Bacon (lb)

$8.12 BLS avg

+22.7%

Cheddar Cheese (lb)

$6.47 BLS avg

+14.1%

Pasta (lb)

$1.96 BLS avg

+32.4%

Rice (5 lb)

$5.26 BLS avg

+26.7%

Coffee (12 oz)

$13.25 BLS avg

+48.7%

Orange Juice (64 oz)

Citrus shortage

$5.42 BLS avg

+45.7%

Potatoes (5 lb)

$4.77 BLS avg

+16.1%

Apples (3 lb)

$5.20 BLS avg

+15.8%

Tomatoes (lb)

$2.91 BLS avg

+31.1%

Lettuce (head)

$2.34 BLS avg

+30.0%

Cooking Oil (48 oz)

$7.76 BLS avg

+40.1%

Yogurt (32 oz)

$4.94 BLS avg

+19.0%

Cereal (family size)

$6.20 BLS avg

+29.4%

Frozen Pizza

$8.65 BLS avg

+37.1%

Dining & Restaurants

Fast Food Meal

$13.00

Casual Dining

$26.00

Monthly Spend

$321

+5.2% YoY

Chain Restaurant Meal Prices — 2022 vs. Today

Combo meal / typical order for one

McDonald's

2022: $7.50

$12.50

+66.7%

Wendy's

2022: $8.00

$13.00

+62.5%

Chipotle

2022: $8.99

$13.50

+50.2%

Starbucks

2022: $4.20

$5.80

+38.1%

Eating out more? Save on groceries with Ibotta and cook at home more often.

Looking for an Apartment in Cape Coral?

Average 1BR: $1,510/mo · 2BR: $2,174/mo

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Local Workforce

2024 · BLS QCEW

Total Jobs

299k

Median Weekly Pay

$1,184

$62k/yr

Top Sector

Trade, Transportation & Utilities

Household vs Worker Pay

$73k

household median

Employment by Sector — Cape Coral

% of local workforce · avg weekly wage · 5-year growth trend

Trade, Transportation & Utilities
+9.5% 5yr$965/wk
19.4%

~$50k/yr

Leisure & Hospitality
-2.9% 5yr$648/wk
14.0%

~$34k/yr

Manufacturing
+30.8% 5yr$1,252/wk
13.8%

~$65k/yr

Professional & Business Services
+15.7% 5yr$1,466/wk
13.4%

~$76k/yr

Education & Health Services
+20.4% 5yr$1,271/wk
12.4%

~$66k/yr

Source: BLS QCEW 2024 Annual · County FIPS 12071

Highest Paying Sector

Financial Activities

$1,726/wk · $90k/yr

Most Workers (lowest wage)

Leisure & Hospitality

$648/wk · $34k/yr

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