Cape Coral’s housing expenses are 15% lower than the national average and the utility prices are 12% lower than the national average. Transportation expenses like bus fares and gas prices are 7% higher than the national average. Cape Coral has grocery prices that are 5% higher than the national average.
The analysis found that Cape Coral, Florida has the most properties — and the largest percentage of properties — at substantial risk of flooding nationwide: more than 90,000 properties, or almost 70 percent of the city's stockpile. Cape Coral is a city of 200,000 on the southwest coast of Florida.
Of the six that are venomous, four are found in this area: the water moccasin (also known as cottonmouth), coral snake, and diamondback and pygmy rattlesnakes. Moccasins live in and around water and wet areas, and can be aggressive. Coral snakes are rarely seen and prefer to stay away from people.
Cape Coral is a perfect place for retiring baby boomers. You'll find that 400 miles of canals give easy Gulf of Mexico access and lush green golf courses offer perfect opportunities for recreation. With so many options for fun and relaxation, it's easy to see why Cape Coral is the best place to retire.Jul 29, 2019
Groceries are 5% More Expensive in Cape Coral
|Grocery Item||Cost in Cape Coral|
|Gallon of milk||$2.00|
|Carton of eggs||$1.90|
|Bunch of bananas||$3.50|
|1 ADULT||2 ADULTS (1 WORKING)|
|0 Children||1 Child|
|Required annual income after taxes||$26,525||$51,698|
|Required annual income before taxes||$30,825||$60,079|
If you are dreaming of buying a property that is close to the picture-perfect attractions of this sunshine state, a Cape Coral investment should be number one on your list. According to Zillow, Cape Coral's median home value is currently at $227,500. Compared to the past year, the values have increased by 5.6%.
Cities with the Most Millionaires in America
|City||Percentage of millionaire residents|
|15||Cape Coral-Fort Myers, FL||6.3%|
|16||Gardnerville Ranchos, NV||6.2%|
|17||Southern Pines-Pinehurst, NC||6.2%|
|18||Oxnard-Thousand Oaks-Ventura, CA||6.2%|
8 Pros and Cons of Living in Cape Coral, FL
- PRO: One of the Best Cities to Retire in America.
- CON: Housing Costs are High in Cape Coral.
- PRO: Cape Coral's Job Market is Strong.
- CON: Summertime is Sweltering.
- PRO: There's So Much to Do in Cape Coral.
- PRO: Cape Coral Offers Waterfront Living.