Living Wage Calculation for Cape Coral-Fort Myers, FL

The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. The assumption is the sole provider is working full-time (2080 hours per year). The tool provides information for individuals, and households with one or two working adults and zero to three children. In the case of households with two working adults, all values are per working adult, single or in a family unless otherwise noted.

The state minimum wage is the same for all individuals, regardless of how many dependents they may have. Data are updated annually, in the first quarter of the new year. State minimum wages are determined based on the posted value of the minimum wage as of January one of the coming year (National Conference of State Legislatures, 2019). The poverty rate reflects a person's gross annual income. We have converted it to an hourly wage for the sake of comparison.

For further detail, please reference the technical documentation here.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Living Wage $11.73 $24.27 $28.23 $34.54 $18.73 $22.70 $25.15 $27.77 $9.13 $13.22 $15.39 $17.65
Poverty Wage $5.84 $7.91 $9.99 $12.07 $7.91 $9.99 $12.07 $14.14 $3.96 $5.00 $6.03 $7.07
Minimum Wage $8.25 $8.25 $8.25 $8.25 $8.25 $8.25 $8.25 $8.25 $8.25 $8.25 $8.25 $8.25

Typical Expenses

These figures show the individual expenses that went into the living wage estimate. Their values vary by family size, composition, and the current location.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Food $2,994 $4,413 $6,644 $8,812 $5,489 $6,832 $8,822 $10,741 $5,489 $6,832 $8,822 $10,741
Child Care $0 $6,820 $10,280 $13,739 $0 $0 $0 $0 $0 $6,820 $10,280 $13,739
Medical $2,555 $8,476 $8,132 $8,214 $6,297 $8,132 $8,214 $7,933 $6,297 $8,132 $8,214 $7,933
Housing $8,412 $11,472 $11,472 $14,880 $9,276 $11,472 $11,472 $14,880 $8,412 $11,472 $11,472 $14,880
Transportation $4,623 $8,424 $9,905 $11,459 $8,424 $9,905 $11,459 $11,329 $8,424 $9,905 $11,459 $11,329
Other $2,824 $4,697 $5,099 $5,935 $4,697 $5,099 $5,935 $5,808 $4,697 $5,099 $5,935 $5,808
Required annual income after taxes $21,408 $44,300 $51,532 $63,039 $34,182 $41,440 $45,902 $50,691 $33,318 $48,260 $56,182 $64,430
Annual taxes $2,986 $6,180 $7,189 $8,794 $4,768 $5,781 $6,403 $7,071 $4,648 $6,732 $7,837 $8,988
Required annual income before taxes $24,394 $50,480 $58,720 $71,833 $38,950 $47,221 $52,306 $57,763 $37,965 $54,992 $64,020 $73,419

Typical Annual Salaries

These are the typical annual salaries for various professions in this location.

Occupational Area Typical Annual Salary
Management $81,166
Business & Financial Operations $60,591
Computer & Mathematical $60,993
Architecture & Engineering $62,371
Life, Physical, & Social Science $53,637
Community & Social Service $42,599
Legal $69,274
Education, Training, & Library $47,280
Arts, Design, Entertainment, Sports, & Media $39,215
Healthcare Practitioners & Technical $61,939
Healthcare Support $30,162
Protective Service $40,747
Food Preparation & Serving Related $22,292
Building & Grounds Cleaning & Maintenance $24,957
Personal Care & Service $24,411
Sales & Related $25,749
Office & Administrative Support $32,261
Farming, Fishing, & Forestry $35,100
Construction & Extraction $36,869
Installation, Maintenance, & Repair $39,976
Production $31,232
Transportation & Material Moving $28,670