City comparison
Cape Coral, FL vs Raleigh, NC
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Cape Coral, FL are 4.3% higher than in Raleigh, NC. Someone earning $100,000 in Raleigh, NC would need about $104,300 in Cape Coral, FL to live the same way.
- Typical 1-bedroom rents are close: $1,638 a month in Cape Coral, FL and $1,596 in Raleigh, NC.
- On $100,000, estimated state income tax is about $3,481 a year higher in Raleigh, NC than in Cape Coral, FL.
- For federal employees, locality pay changes a GS-13 step 1 salary by +4.4% moving from Cape Coral, FL to Raleigh, NC ($106,437 → $111,147), while prices change by −4.1%. Net effect of the transfer: +8.9% in real buying power.
- Cape Coral, FL: price level 102.3 (pricier)
- Raleigh, NC: price level 98.2 (about average)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Cape Coral, FL | Raleigh, NC | |
|---|---|---|
| Price level (U.S. = 100)2 | 102.3 | 98.2 |
| $100,000 is worth, in the other city2 | $95,904 in Raleigh | $104,271 in Cape Coral |
| Typical 1-bedroom rent3 | $1,638/mo | $1,596/mo |
| Take-home on $100,00014,15,8 | $79,180 | $75,699 |
| State income tax on $100,000 (estimate)8 | $0 (FL) | $3,481 (NC) |
| Rent burden on $100,000 | 25% | 25% |
| Median pay, all jobs4 | $46,780 | $51,990 |
| Federal locality pay area7 | Rest of U.S. | Raleigh-Durham-Cary, NC |
Rent areas: Cape Coral-Fort Myers, FL MSA and Raleigh-Cary, NC MSA. Metro areas: Cape Coral-Fort Myers, FL and Raleigh-Cary, NC.
What costs more or less
| Price level (U.S. = 100) | Cape Coral | Raleigh |
|---|---|---|
| Housing (rent) | 125.1 | 103.5 |
| Goods | 96.2 | 96.6 |
| Utilities | 86.9 | 89.0 |
| Other services | 98.9 | 98.2 |
| Overall | 102.3 | 98.2 |
Moving with the same $100,000 salary
Cape Coral, FL → Raleigh, NC
Same pay goes further
Buying power +4.3%; rent takes 25% of take-home; state tax +$3,481/yr.
82 Strong offer
Raleigh, NC → Cape Coral, FL
Same pay buys less
Buying power −4.1%; rent takes 25% of take-home; state tax −$3,481/yr.
56 Fair offer
On the GS pay scale?
Cape Coral, FL is in the Rest of U.S. pay area; Raleigh, NC is in Raleigh-Durham-Cary, NC. The last column shows what a transfer from Cape Coral, FL to Raleigh, NC at the same grade and step does to real buying power.
| Grade5,2 | Cape Coral, FL | Raleigh, NC | Real change, Cape Coral → Raleigh |
|---|---|---|---|
| GS-9 step 1 | $61,722 | $64,453 | +8.9% |
| GS-11 step 1 | $74,678 | $77,983 | +8.9% |
| GS-12 step 1 | $89,508 | $93,468 | +8.9% |
| GS-13 step 1 | $106,437 | $111,147 | +8.9% |
| GS-14 step 1 | $125,776 | $131,342 | +8.9% |
Pay for common jobs
| Median annual pay4 | Cape Coral, FL | Raleigh, NC | Raleigh pay in Cape Coral dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $60,470 | $60,170 | $62,740 (+3.8%) |
| Software Developers | $126,940 | $132,770 | $138,440 (+9.1%) |
| Accountants and Auditors | $79,420 | $81,950 | $85,450 (+7.6%) |
| Registered Nurses | $82,860 | $84,830 | $88,453 (+6.7%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.