Is Raleigh, NC cheaper than Cape Coral, FL?

Based on cost of living data, Raleigh, NC is 2.1% cheaper than Cape Coral, FL. This translates to saving $160 per month.

What salary do I need in Raleigh, NC to live like I do in Cape Coral, FL?

If you earn $150,000 in Cape Coral, FL, you'd need approximately $148,079.539 in Raleigh, NC to maintain the same standard of living.

How does housing cost compare between Cape Coral, FL and Raleigh, NC?

Housing in Raleigh, NC is 5.5% more expensive than in Cape Coral, FL. For a two-bedroom apartment, rent is $1,800/month in Raleigh, NC compared to $1,309/month in Cape Coral, FL.

How much can I save per month by moving from Cape Coral, FL to Raleigh, NC?

Moving from Cape Coral, FL to Raleigh, NC could save you approximately $160 per month, or $1920 per year, based on a $150,000 salary.

Cape Coral, FL vs Raleigh, NC: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

📍 Cape Coral, FL — COL adjusted from Tampa, FL area + state data

Current salary in Cape Coral, FL

Numbers update automatically as you type

You'd save $160/month moving to Raleigh, NC

$150.0K in your current city equals $148.1K in Raleigh, NC

Rent data from HUD ZIP-level estimates · COL index from area

Overall Cost

↓ 2.1%

Less expensive

Monthly Impact

$160

Savings

Annual Impact

$1.9K

Per year

Based on monthly living costs (rent, groceries, utilities, transport, healthcare). Home purchase prices shown separately below.

Cape Coral, FL

Population:224K

Cost Index:100

Median Home:$367K

Raleigh, NC

Population:474K

Cost Index:98

Median Home:$512K

Cape Coral, FL

The Sunshine State

224K

Population

State Tax

No Income Tax

Located in Florida, this city has a population of 224K residents.

💡 Advantage: Florida has no state income tax!

Raleigh, NC

The Tar Heel State

474K

Population

State Tax

Yes

Climate

Humid subtropical

Notable Facts

•Research Triangle
•State capital
•Major university town

Major Industries

TechnologyResearchEducationGovernment

Cost Breakdown by Category

Annual spending: Cape Coral, FL vs Raleigh, NC

Category	Cape Coral, FL	Raleigh, NC	Difference	Change
🏠Housing	$2,341/mo	$2,469/mo	↑ $128more	5.5%
🚗Transportation	$1,236/mo	$1,284/mo	↑ $48.43more	3.9%
🏥Healthcare	$559/mo	$601/mo	↑ $41.83more	7.5%
🛒Groceries	$1,000/mo	$959/mo	↓ $40.55less	4.1%
📦Other	$1,740/mo	$1,707/mo	↓ $32.25less	1.9%
⚡All Utilities	$563/mo	$546/mo	↓ $16.40less	2.9%

🏠Housing

↑ 5.5%

Cape Coral, FL

$2,341

Raleigh, NC

$2,469

Difference

$128

🚗Transportation

↑ 3.9%

Cape Coral, FL

$1,236

Raleigh, NC

$1,284

Difference

$48.43

🏥Healthcare

↑ 7.5%

Cape Coral, FL

$559

Raleigh, NC

$601

Difference

$41.83

🛒Groceries

↓ 4.1%

Cape Coral, FL

$1,000

Raleigh, NC

$959

Difference

$40.55

less

📦Other

↓ 1.9%

Cape Coral, FL

$1,740

Raleigh, NC

$1,707

Difference

$32.25

less

⚡All Utilities

↓ 2.9%

Cape Coral, FL

$563

Raleigh, NC

$546

Difference

$16.40

less

🏠Rent Comparison

Studio

From$900

To$1,570

↑ $670

1 Bed

From$1,063

To$1,640

↑ $577

2 Bed

From$1,309

To$1,800

↑ $491

3 Bed

From$1,799

To$2,255

↑ $456

Raleigh, NCZIP-level data

1BR range: $1,400–$1,880/mo

💡 Note: Rent prices are based on HUD Fair Market Rent data and represent median costs. Actual prices vary by neighborhood, amenities, and condition. Source: HUD Small Area Fair Market Rents FY2026.

$7,438

Monthly in Cape Coral, FL

$7,567

Monthly in Raleigh, NC

$129

Difference

Home Values

Cape Coral

Raleigh

Median Value

$512K

YoY Change

↓ -0.5%

5-Year Change

↑ +38.2%

Price Range

$314K - $992K

Calculate payment - Raleigh

Source: Zillow Home Value Index (ZHVI), January 2026

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↓ $7.1K

More taxes

Monthly Difference

$594

Less take-home

Effective Rate Diff

4.7%

Rate difference

Cape Coral, FL

Federal Income Tax

Effective: 18.9%

$25.5K

Florida State Tax

No state income tax

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 24.7%

$37.0K

Take-Home Pay

$9,416/month

$113.0K

Raleigh, NC

Federal Income Tax

Effective: 18.9%

$25.5K

North Carolina State Tax

Effective: 4.8%

$7.1K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.4%

$44.1K

Take-Home Pay

$8,822/month

$105.9K

Additional Tax Information

Cape Coral, FL Tax Rates

Sales Tax:7.2%

Property Tax:0.8%

Raleigh, NC Tax Rates

Sales Tax:7.1%

Property Tax:0.8%

💡 Note: Tax calculations are estimates based on 2024/2025 tax brackets for single filers with standard deduction. Actual taxes may vary based on filing status, deductions, credits, and local variations.