Cost of Living: Cape Coral vs Concord (2026)
Concord has a 4% lower overall cost of living than Cape Coral as of Q1 2026. A one-bedroom apartment runs $1,500/mo in Concord vs $1,750/mo in Cape Coral — a 17% difference. Cape Coral has no state income tax, giving residents more take-home pay than those in Concord (4.5% rate).
- Concord is 4% cheaper overall (COL index: 96 vs 92)
- 1BR rent: $1,500/mo in Concord vs $1,750/mo — 14% savings
- Cape Coral has 0% state income tax — saves ~$3,300+/yr at a $75K salary
- Higher median household income: Concord ($62,000/yr vs $58,000/yr)
- Median home price: $320,000 in Concord vs $370,000 — 14% difference
| Category | Cape Coral Florida | Concord North Carolina |
|---|---|---|
| 🏠 HousingQ1 2026 | ||
| Studio rent/mo | $1,400 | $1,200Best |
| 1BR rent/mo | $1,750 | $1,500Best |
| 2BR rent/mo | $2,300 | $1,950Best |
| Median home price | $370K | $320KBest |
| 🛒 Food & GroceriesQ1 2026 | ||
| Groceries index (100 = US avg) | 98 | 96Best |
| Budget meal (1 person) | $14 | $13Best |
| Mid-range dinner (2) | $56 | $54Best |
| 🚌 TransportationQ1 2026 | ||
| Monthly transit pass/mo | $48 | $42Best |
| Gas price/gal | $3.25 | $3.10Best |
| Car insurance/mo | $205 | $145Best |
| ⚡ UtilitiesQ1 2026 | ||
| Monthly utilities bundle/mo | $198 | $152Best |
| Internet/mo | $65 | $60Best |
| 💰 Income & TaxesQ1 2026 | ||
| Median household income/yr | $58K | $62KBest |
| State income tax% | 0.0%Best | 4.5% |
| Sales tax (combined)% | 7.5% | 7.3%Best |
| 🎬 LeisureQ1 2026 | ||
| Movie ticket | $15.00 | $14.00Best |
| Gym membership/mo | $38Best | $38 |
| Beer at restaurant | $6.00Best | $6.00 |
| 📊 OverviewQ1 2026 | ||
| Overall COL index (100 = US avg) | 96 | 92Best |
| Walk score / 100 | 15 | 22Best |
Frequently asked questions
Is Cape Coral cheaper than Concord?
No. Concord is 4% cheaper than Cape Coral based on overall cost of living indices (92 vs 96, where 100 = US average).
What is the average rent in Cape Coral vs Concord?
As of Q1 2026, the median 1-bedroom rent in Cape Coral is $1,750/month and in Concord is $1,500/month. Cape Coral is more expensive by 17%.
How much do I need to earn in Concord to match a $75,000 salary in Cape Coral?
To maintain a similar lifestyle, you would need approximately $71,875/year in Concord to match a $75,000 salary in Cape Coral. This estimate is based on overall cost of living indices and does not account for individual spending patterns.
Which city has lower taxes — Cape Coral or Concord?
Cape Coral has the lower state income tax rate at 0% vs 4.5%. Cape Coral has no state income tax at all, which can save thousands of dollars per year depending on your income. Note that sales tax and local taxes also vary — see the full breakdown in the table above.
Is it worth moving from Cape Coral to Concord?
It depends on your priorities. Concord offers lower overall costs and tax advantages, but both cities have different job markets, weather, and lifestyle trade-offs. Use the comparison table above to evaluate rent, groceries, transportation, and income potential side by side based on your specific budget.
Data sourced from Zillow, BLS, Numbeo, Tax Foundation, and US Census ACS · Updated Q1 2026 · For general guidance only
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