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Cost & Benefits

Compare / Cape Coral to Charleston

Cape Coral, FL vs Charleston, SC

Simple answer

You'd likely save $49 a month in Cape Coral.

This is the HUD 2-bedroom fair-market rent for October 2026 through September 2027. It is not your lease.

The largest cost gap in this pair is Census rent. Census median gross rent differs by $157, with Cape Coral higher.

Florida has no tax on wages. South Carolina taxes wages at rates up to 6.00%. Combined sales tax differs by 0.5 percentage points, higher in South Carolina. The effective property tax gap is 0.31 percentage points, higher in Florida.

After a move from Florida to South Carolina, those two example households keep the same benefit status labels. A different income can still split Medicaid and marketplace credits.

A $75,000 salary in Cape Coral lines up with about $73,984 in Charleston on the 2024 all-items price parity. Census median gross rent and the commute figures are 2024. Fair Market Rents are fiscal year 2027.

Cape Coral

Cape Coral-Fort Myers, FL

2-bedroom Fair Market Rent
$1,835
HUD area
Cape Coral-Fort Myers, FL MSA
Census median gross rent
$1,871
All-items price parity
102.3
Goods price parity
96.2
Utilities price parity
86.9
Mean commute
31.9 min
Median household income
$83,602

Charleston

Charleston-North Charleston, SC

2-bedroom Fair Market Rent
$1,884
HUD area
Charleston-North Charleston, SC MSA
Census median gross rent
$1,714
All-items price parity
101.0
Goods price parity
96.3
Utilities price parity
88.2
Mean commute
29.4 min
Median household income
$90,307

Equivalent salary

The first number keeps the same place in the national price level. The second also runs 2026 federal income tax, employee Social Security and Medicare, and a simplified state income tax. Groceries use the BEA goods price parity, not a grocery receipt.

Same buying power

$73,984

Salary in Charleston that matches the 2024 all-items regional price parity.

After state and federal tax

$78,898

Gross salary in Charleston whose after-tax pay buys the same basket, using price parities.

Rent only

$77,003

Scales the salary by the ratio of HUD 2-bedroom Fair Market Rents. Rent is not the whole budget.

Taxes on the two sides of the move

TaxFloridaSouth Carolina
State income tax on wagesNo wage taxup to 6.00%
Combined sales tax, Jan 1, 20267.0%7.5%
Effective property tax, ACS 2024 median / median0.75%0.45%

On a $400,000 home, the state median effective rate implies about $3,016 a year in Florida and $1,786 in South Carolina. That illustration is not a local bill. Childcare prices are not in the verified dataset for these metros.

Benefits if you land in South Carolina

Same household, $40,000 a year, scored once in Florida and once in South Carolina. This is an illustration, not your application.

  • Food stamps (SNAP)

    Cape CoralLikely eligible

    CharlestonLikely eligible

  • Medicaid and CHIP

    Cape CoralLikely eligible

    CharlestonLikely eligible

  • WIC

    Cape CoralLikely eligible

    CharlestonLikely eligible

  • School meals

    Cape CoralLikely eligible

    CharlestonLikely eligible

  • LIHEAP

    Cape CoralMaybe

    CharlestonMaybe

  • Earned Income Tax Credit

    Cape CoralLikely eligible

    CharlestonLikely eligible

  • Child Tax Credit

    Cape CoralLikely eligible

    CharlestonLikely eligible

  • Marketplace premium tax credits

    Cape CoralLikely eligible

    CharlestonLikely eligible

  • Lifeline phone and internet

    Cape CoralLikely eligible

    CharlestonLikely eligible

  • SSI

    Cape CoralUnlikely

    CharlestonUnlikely

At $40,000 the status labels match. A single adult around $18,000 is where Medicaid expansion and the marketplace coverage gap usually split.

Medicaid guide for South Carolina · SNAP guide

Related comparisons

How the salary and tax math works · The reverse city order redirects to this address.