City Comparison

Cape Coral vs Gilbert

Cost of Living Comparison · 2026

Cape Coral

Florida
104
Average
$365,000
Median Home
$1,700/mo
Median Rent
$78,100
Median Income

Gilbert

Arizona
111
Above Average
$470,000
Median Home
$1,700/mo
Median Rent
$94,518
Median Income

The Verdict

6.3%

Living in Cape Coral costs 6.3% less than Gilbert. To match the purchasing power of a $75,000 salary in Cape Coral, you would need $80,048 in Gilbert.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
118
Cape Coral
128
Gilbert
Groceries
104
Cape Coral
100
Gilbert
Utilities
103
Cape Coral
96
Gilbert
Transportation
107
Cape Coral
103
Gilbert
Healthcare
111
Cape Coral
95
Gilbert

Salary Equivalence

A $75,000 salary in Cape Coral has the same purchasing power as $80,048 in Gilbert.

Conversely, $75,000 in Gilbert equals $70,270 in Cape Coral.

Living in Cape Coral vs Gilbert

Housing Costs

Cape Coral's housing index of 118 is lower Gilbert's 128, translating to median home prices of $365,000 vs $470,000. The $105,000 difference in home prices means roughly $6,828 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,700/mo in Cape Coral compared to $1,700/mo in Gilbert, a monthly difference of $0.

Grocery & Food Costs

Grocery expenses index at 104 in Cape Coral and 100 in Gilbert. A household spending the national average of $475/month on groceries would pay approximately $494/month in Cape Coral vs $475/month in Gilbert. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 103 in Cape Coral and 96 in Gilbert. Monthly utility bills average approximately $412 in Cape Coral vs $384 in Gilbert. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 111 in Cape Coral and 95 in Gilbert. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 16-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $78,100 in Cape Coral and $94,518 in Gilbert. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $75,096 and $85,151 respectively. Gilbert residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,822/month to housing in Cape Coral vs $2,205/month in Gilbert. In Cape Coral, median rent of $1,700/mo fits within this budget. In Gilbert, median rent of $1,700/mo remains manageable. The biggest category-level difference between these two cities is Healthcare, where the gap is 16 index points — focus your budget analysis there.

Frequently Asked Questions

Cape Coral is 6.3% more affordable overall with an index of 104 vs 111.
A $75,000 salary in Cape Coral has equivalent purchasing power to approximately $80,048 in Gilbert, based on the cost of living difference.
Cape Coral's housing index is 118 with median homes at $365,000, while Gilbert's is 128 with median homes at $470,000.

Moving & Relocation Resources

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