Los Angeles-Long Beach-Anaheim vs Cape Coral-Fort Myers

Cost of living comparison based on BEA Regional Price Parities. Cape Coral-Fort Myers is 9.9% less expensive than Los Angeles-Long Beach-Anaheim.

What This Comparison Actually Tells You

The Bureau of Economic Analysis indexes Los Angeles-Long Beach-Anaheim, CA at an overall Regional Price Parity of 113.6 and Cape Coral-Fort Myers, FL at 102.3, using the U.S. national average of 100 as the reference point. That puts Cape Coral-Fort Myers 9.9% less expensive than Los Angeles-Long Beach-Anaheim on a blended basket of goods, services, and rents. The raw index gap of 11.2 points matters more than the headline comparison because it flows directly into salary-equivalent math that families use for relocation, job offers, and remote-work arbitrage decisions.

Inside the breakdown, Los Angeles-Long Beach-Anaheim indexes goods at 106.6, services at 158.6, and rents at 170.4, while Cape Coral-Fort Myers comes in at 96.2, 86.9, and 125.1 on the same three categories. The rent line carries the largest weight in the BEA methodology, so a metro with a higher rent index almost always ends up more expensive overall - Los Angeles-Long Beach-Anaheim carries the heavier rent load here, and that tends to dominate household budget experience on the ground.

In salary terms, a $100,000 income in Los Angeles-Long Beach-Anaheim has the same purchasing power as $90,123 in Cape Coral-Fort Myers based on these indexes. The two metros serve populations of roughly 13,012,469 (Los Angeles-Long Beach-Anaheim) and 792,692 (Cape Coral-Fort Myers), and median household incomes are $93,525 versus $73,099 respectively - so the right way to read this comparison is never the index alone, but the ratio of your expected local salary to the rent and services mix. For any serious relocation or remote-work decision, pair this BEA comparison with BLS occupation-specific wage data, HUD Fair Market Rent tables, and state tax treatment before committing.

Los Angeles-Long Beach-Anaheim
113.6
Cost Index
Cape Coral-Fort Myers
102.3
Cost Index

Category Breakdown

Category Los Angeles-Long Beach-Anaheim Cape Coral-Fort Myers Difference
Overall 113.6 102.3 -11.2
Goods 106.6 96.2 -10.4
Services 158.6 86.9 -71.7
Rents 170.4 125.1 -45.3

Visual Comparison

Overall
Los Angeles-Long Beach-Anaheim
113.6
Cape Coral-Fort Myers
102.3
Goods
Los Angeles-Long Beach-Anaheim
106.6
Cape Coral-Fort Myers
96.2
Services
Los Angeles-Long Beach-Anaheim
158.6
Cape Coral-Fort Myers
86.9
Rents
Los Angeles-Long Beach-Anaheim
170.4
Cape Coral-Fort Myers
125.1

Vertical line = national average (100)

Salary Equivalents

What a salary in Los Angeles-Long Beach-Anaheim would need to be in Cape Coral-Fort Myers for the same purchasing power:

In Los Angeles-Long Beach-Anaheim In Cape Coral-Fort Myers Difference
$50,000 $45,061 $-4,939
$75,000 $67,592 $-7,408
$100,000 $90,123 $-9,877
$150,000 $135,184 $-14,816

Use the salary calculator for custom amounts.

Metro Context

Metric Los Angeles-Long Beach-Anaheim Cape Coral-Fort Myers
Population 13,012,469 792,692
Median Income $93,525 $73,099
Data Year 2024 2024

Frequently Asked Questions

Is Cape Coral-Fort Myers more expensive than Los Angeles-Long Beach-Anaheim?
Cape Coral-Fort Myers is 9.9% less expensive than Los Angeles-Long Beach-Anaheim. The overall cost index is 102.3 vs 113.6 (national average = 100).
What salary in Cape Coral-Fort Myers equals $100K in Los Angeles-Long Beach-Anaheim?
A $100,000 salary in Los Angeles-Long Beach-Anaheim has the same purchasing power as $90,123 in Cape Coral-Fort Myers. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Los Angeles-Long Beach-Anaheim and Cape Coral-Fort Myers?
Rents in Los Angeles-Long Beach-Anaheim are indexed at 170.4 while Cape Coral-Fort Myers is at 125.1 (national average = 100). Los Angeles-Long Beach-Anaheim has higher rents.

Source: Bureau of Economic Analysis, Regional Price Parities (2024). Index where national average = 100.

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainCost Editorial