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Cost & Benefits

Compare / Cape Coral to Columbia

Cape Coral, FL vs Columbia, SC

Simple answer

You'd likely save $609 a month in Columbia.

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 housing prices. The BEA housing price parity differs by 45.7 points (Cape Coral 125.1, Columbia 79.5).

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 $68,634 in Columbia 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

Columbia

Columbia, SC

2-bedroom Fair Market Rent
$1,226
HUD area
Columbia, SC HUD Metro FMR Area
Census median gross rent
$1,257
All-items price parity
93.7
Goods price parity
96.3
Utilities price parity
88.3
Mean commute
25.8 min
Median household income
$70,788

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

$68,634

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

After state and federal tax

$72,071

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

Rent only

$50,109

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

    ColumbiaLikely eligible

  • Medicaid and CHIP

    Cape CoralLikely eligible

    ColumbiaLikely eligible

  • WIC

    Cape CoralLikely eligible

    ColumbiaLikely eligible

  • School meals

    Cape CoralLikely eligible

    ColumbiaLikely eligible

  • LIHEAP

    Cape CoralMaybe

    ColumbiaMaybe

  • Earned Income Tax Credit

    Cape CoralLikely eligible

    ColumbiaLikely eligible

  • Child Tax Credit

    Cape CoralLikely eligible

    ColumbiaLikely eligible

  • Marketplace premium tax credits

    Cape CoralLikely eligible

    ColumbiaLikely eligible

  • Lifeline phone and internet

    Cape CoralLikely eligible

    ColumbiaLikely eligible

  • SSI

    Cape CoralUnlikely

    ColumbiaUnlikely

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.