Cape Coral, FL vs Lakeland, FL: Cost of Living Comparison
Lakeland has the lower overall cost of living. (100 = US national average)
Category-by-Category Comparison
| Category | Cape Coral | Lakeland | Cheaper |
|---|---|---|---|
| Overall cost of living | 99 | 80 | Lakeland |
| Housing | 97 ($1,226) | 66 ($909) | Lakeland |
| Transportation | 101 ($3.50) | 103 ($3.50) | Cape Coral |
| Food & groceries | 102 ($418) | 82 ($336) | Lakeland |
| Utilities | 99 ($175) | 83 ($119) | Lakeland |
| Healthcare | 99 ($126) | 83 ($86) | Lakeland |
| Median annual wage | 99 ($47,880) | 99 ($47,880) | Tie |
Index 100 = US national average. Lower = cheaper. For wage, higher = better.
Frequently Asked Questions
Is Cape Coral, FL or Lakeland, FL cheaper to live in?
Lakeland, FL is cheaper overall by about 19 index points (Cape Coral, FL: 99, Lakeland, FL: 80; 100 = US national average).
What salary do I need in Cape Coral, FL vs Lakeland, FL?
A single adult needs roughly $34,650/year in Cape Coral, FL and $28,000/year in Lakeland, FL to cover basic living costs.