City comparison
Cape Coral, FL vs Lafayette, LA
What a paycheck is really worth in each city: prices, rent and state taxes.
Key findings
- Prices in Cape Coral, FL are 17.4% higher than in Lafayette, LA. Someone earning $100,000 in Lafayette, LA would need about $117,400 in Cape Coral, FL to live the same way.
- Rent is the bigger story: a typical 1-bedroom costs $1,638 a month in Cape Coral, FL versus $898 in Lafayette, LA. On $100,000, that's 25% of take-home pay in Cape Coral, FL and 14% in Lafayette, LA.
- On $100,000, estimated state income tax is about $2,614 a year higher in Lafayette, LA than in Cape Coral, FL.
- Both cities are in the same federal pay area (Rest of U.S.), so a GS-13 step 1 earns $106,437 in either. A transfer from Cape Coral, FL to Lafayette, LA changes real buying power by +17.4%, purely from prices.
- Cape Coral, FL: price level 102.3 (pricier)
- Lafayette, LA: price level 87.2 (much cheaper)
Map drawn from Census Bureau state boundaries and metro locations9,10; dot colours show BEA price levels2.
Side by side
| Cape Coral, FL | Lafayette, LA | |
|---|---|---|
| Price level (U.S. = 100)2 | 102.3 | 87.2 |
| $100,000 is worth, in the other city2 | $85,207 in Lafayette | $117,361 in Cape Coral |
| Typical 1-bedroom rent3 | $1,638/mo | $898/mo |
| Take-home on $100,00014,15,8 | $79,180 | $76,566 |
| State income tax on $100,000 (estimate)8 | $0 (FL) | $2,614 (LA) |
| Rent burden on $100,000 | 25% | 14% |
| Median pay, all jobs4 | $46,780 | $41,780 |
| Federal locality pay area7 | Rest of U.S. | Rest of U.S. |
Rent areas: Cape Coral-Fort Myers, FL MSA and Lafayette, LA HUD Metro FMR Area. Metro areas: Cape Coral-Fort Myers, FL and Lafayette, LA.
What costs more or less
| Price level (U.S. = 100) | Cape Coral | Lafayette |
|---|---|---|
| Housing (rent) | 125.1 | 58.8 |
| Goods | 96.2 | 93.7 |
| Utilities | 86.9 | 71.2 |
| Other services | 98.9 | 95.7 |
| Overall | 102.3 | 87.2 |
Moving with the same $100,000 salary
Cape Coral, FL → Lafayette, LA
Same pay goes further
Buying power +17.4%; rent takes 14% of take-home; state tax +$2,614/yr.
100 Strong offer
Lafayette, LA → Cape Coral, FL
Same pay buys less
Buying power −14.8%; rent takes 25% of take-home; state tax −$2,614/yr.
38 Weak offer
On the GS pay scale?
Both metros are in the Rest of U.S. locality pay area, so GS salaries are identical. The last column shows what a transfer from Cape Coral, FL to Lafayette, LA at the same grade and step does to real buying power.
| Grade5,2 | Cape Coral, FL | Lafayette, LA | Real change, Cape Coral → Lafayette |
|---|---|---|---|
| GS-9 step 1 | $61,722 | $61,722 | +17.4% |
| GS-11 step 1 | $74,678 | $74,678 | +17.4% |
| GS-12 step 1 | $89,508 | $89,508 | +17.4% |
| GS-13 step 1 | $106,437 | $106,437 | +17.4% |
| GS-14 step 1 | $125,776 | $125,776 | +17.4% |
Pay for common jobs
| Median annual pay4 | Cape Coral, FL | Lafayette, LA | Lafayette pay in Cape Coral dollars |
|---|---|---|---|
| Elementary School Teachers, Except Special Education | $60,470 | $47,770 | $56,063 (−7.3%) |
| Software Developers | $126,940 | $109,010 | $127,935 (+0.8%) |
| Accountants and Auditors | $79,420 | $67,630 | $79,371 (−0.1%) |
| Registered Nurses | $82,860 | $81,960 | $96,189 (+16.1%) |
"Not published" means BLS doesn't release an estimate for that job in that metro.