Cape Coral vs Madison
Cost of Living Comparison · 2026
Cape Coral
Madison
The Verdict
Living in Cape Coral costs 1.9% less than Madison. To match the purchasing power of a $75,000 salary in Cape Coral, you would need $76,442 in Madison.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Cape Coral has the same purchasing power as $76,442 in Madison.
Conversely, $75,000 in Madison equals $73,585 in Cape Coral.
Living in Cape Coral vs Madison
Housing Costs
Cape Coral's housing index of 118 is higher Madison's 115, translating to median home prices of $365,000 vs $340,000. The $25,000 difference in home prices means roughly $1,620 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,700/mo in Cape Coral compared to $1,400/mo in Madison, a monthly difference of $300.
Grocery & Food Costs
Grocery expenses index at 104 in Cape Coral and 101 in Madison. A household spending the national average of $475/month on groceries would pay approximately $494/month in Cape Coral vs $480/month in Madison. 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 97 in Madison. Monthly utility bills average approximately $412 in Cape Coral vs $388 in Madison. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 111 in Cape Coral and 105 in Madison. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.
Income & Purchasing Power
Median household income is $78,100 in Cape Coral and $67,565 in Madison. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $75,096 and $63,741 respectively. Cape Coral residents enjoy stronger real purchasing power despite higher nominal wages.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,822/month to housing in Cape Coral vs $1,577/month in Madison. In Cape Coral, median rent of $1,700/mo fits within this budget. In Madison, median rent of $1,400/mo remains manageable. The biggest category-level difference between these two cities is Utilities, where the gap is 6 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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