There are 20 independent living communities serving Cape Coral, Florida. This includes 4 communities in Cape Coral and 16 nearby. The average cost / day of independent living in Florida is approximately $55, with costs ranging between $16 and $145 daily. On a per month basis, this equates to a mean expense of $1,650, with costs ranging from around $467 to $4,356. The average yearly cost is $19,800, which is less than the nationwide average of $23,100.
Independent living costs in Cape Coral, FL generally range from about $578 per month up to $4,180 per month, with a median cost of around $2,061 per month. This equates to a yearly cost of around $24,734.
Cape Coral is a medium sized city in Lee County, Florida. It is part of the Cape Coral-Fort Myers metropolitan statistical area. While the surrounding metropolitan area is home to 473,754 people, there are 156,391 living within the city itself. The 55+ community currently comprises 31% of the overall population.
Cape Coral has an above average SeniorScore™ of 78. The city's median household income is $52,000 ($24,000 on a per capita basis), versus the average of $40,000 for the entire state of Florida. The median home price in Cape Coral is $160,500, which is relatively lower than the Florida average of $208,500. Cape Coral has a high unemployment rate of roughly 12.69%.
Cape Coral has ideal average temperatures, with very mild winters and very balmy summers. The area receives very high amounts of rainfall annually. Cape Coral has a lower than average rate of crime and above average air quality compared to other cities in the US.