Is Cape Coral, FL cheaper than Lexington, KY?

Based on cost of living data, Cape Coral, FL is 6.6% more expensive than Lexington, KY. This translates to spending an extra $493 per month.

What salary do I need in Cape Coral, FL to live like I do in Lexington, KY?

If you earn $150,000 in Lexington, KY, you'd need approximately $155,917.704 in Cape Coral, FL to maintain the same standard of living.

How does housing cost compare between Lexington, KY and Cape Coral, FL?

Housing in Cape Coral, FL is 0.1% more expensive than in Lexington, KY. For a two-bedroom apartment, rent is $1,309/month in Cape Coral, FL compared to $1,390/month in Lexington, KY.

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

Living in Cape Coral, FL costs approximately $493 more per month than Lexington, KY, or $5918 more per year, based on a $150,000 salary.

Lexington, KY vs Cape Coral, FL: Cost of Living Comparison 2026

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Cost of Living Comparison 2026

Data: HUD rent estimates, BLS cost of living

Current salary in Lexington, KY

Numbers update automatically as you type

You'd spend $493/month more in Cape Coral, FL

$150.0K in your current city equals $155.9K in Cape Coral, FL

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

Overall Cost

↑ 6.6%

More expensive

Monthly Impact

$493

Extra cost

Annual Impact

$5.9K

Per year

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

Lexington, KY

Population:323K

Cost Index:

100

100 = national average

Median Home:$345K

Cape Coral, FL

Population:224K

Cost Index:

107

(7% above avg)

Median Home:$367K

Lexington, KY

The Bluegrass State

323K

Population

State Tax

Yes

Located in Kentucky, this city has a population of 323K residents.

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!

Cost Breakdown by Category

Annual spending: Lexington, KY vs Cape Coral, FL

Category	Lexington, KY	Cape Coral, FL	Difference	Change
Other	$1,641/mo	$1,740/mo	↑ $99.21more	6.0%
All Utilities	$464/mo	$563/mo	↑ $98.36more	21.2%
Groceries	$959/mo	$1,000/mo	↑ $40.55more	4.2%
Transportation	$1,216/mo	$1,236/mo	↑ $19.87more	1.6%
Healthcare	$551/mo	$559/mo	↑ $7.73more	1.4%
Housing	$2,339/mo	$2,341/mo	↑ $1.81more	0.1%

Other

↑ 6.0%

Lexington, KY

$1,641

Cape Coral, FL

$1,740

Difference

$99.21

All Utilities

↑ 21.2%

Lexington, KY

$464

Cape Coral, FL

$563

Difference

$98.36

Groceries

↑ 4.2%

Lexington, KY

$959

Cape Coral, FL

$1,000

Difference

$40.55

Transportation

↑ 1.6%

Lexington, KY

$1,216

Cape Coral, FL

$1,236

Difference

$19.87

Healthcare

↑ 1.4%

Lexington, KY

$551

Cape Coral, FL

$559

Difference

$7.73

Housing

↑ 0.1%

Lexington, KY

$2,339

Cape Coral, FL

$2,341

Difference

$1.81

🏛️ Local Income Taxes

Lexington, KY: Lexington Occupational Tax$3,750/yr (2.5%)

Cape Coral, FL has no local income tax.

Local taxes are in addition to state income tax. Not all cities levy local income taxes.

🏠Rent Comparison

Studio

From$960

To$900

↓ $60.00

1 Bed

From$1,180

To$1,063

↓ $117

2 Bed

From$1,390

To$1,309

↓ $81.00

3 Bed

From$1,900

To$1,799

↓ $101

Lexington, KYZIP-level data

1BR range: $940–$1,500/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.

$7,170

Monthly in Lexington, KY

$7,438

Monthly in Cape Coral, FL

$268

Difference

Home Values

Lexington

Cape Coral

$345K

Median Value

↑ +5%

YoY Change

↑ +43.5%

5-Year Change

$214K - $711K

Price Range

Calculate payment - Lexington

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

Tax Comparison

Annual tax burden comparison at $150.0K salary

Tax Savings

↑ $7.5K

Per year

Monthly Difference

$625

More take-home

Effective Rate Diff

5.0%

Rate difference

Lexington, KY

Federal Income Tax

Effective: 18.9%

$25.5K

Kentucky State Tax

Effective: 5.0%

$7.5K

FICA Taxes

Social Security + Medicare

$11.5K

Total Taxes

Effective: 29.7%

$44.5K

Take-Home Pay

$8,791/month

$105.5K

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

Additional Tax Information

Lexington, KY Tax Rates

Sales Tax:6.0%

Property Tax:0.9%

Cape Coral, FL Tax Rates

Sales Tax:7.2%

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.