Cost of Living in Naples, FL

Population 19,421 · Florida · Data vintage 2023

307
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Housing prices in Naples cluster toward the top of the US distribution — a median of $1.3 million, roughly 4 times the national figure, consistent with markets dominated by nonresident and vacation-home buyers. The labor market has been unusually tight, with unemployment around 2.1% — below most comparable cities in the state.

Geographically, Naples is about 35 miles south of Lehigh Acres, the nearest large metro. Median home values run roughly 377% higher than Lehigh Acres' $263,000.

Cost Overview

Housing 411
Rent 150

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Naples

The median home value in Naples is $1,254,200 — 311% above the national median of $305,000. Median rent runs $1,968/month, 50% higher than the national median of $1,314/month. The median household income of $140,833/year is 89% higher than the US median of $74,580. The local unemployment rate is 2.1%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 84.1°F and lows of 67.0°F. Overall, Naples has a cost of living index of 307 versus the US average of 100, meaning it is 207% more expensive.

🏠 Housing

Median Home Value
$1,254,200
311% above avg
Zillow Home Value
$548,174
Zillow ZHVI
Median Rent
$1,968/mo
50% above avg
Zillow Rent
$2,677/mo
Zillow ZORI
Price-to-Rent Ratio
53.1x
Favors renting
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,085
1 BR
$1,181
2 BR
$1,427
3 BR
$1,797
4 BR
$2,099
Owner-occupied 83.1%
Renter-occupied 16.9%

💰 Estimated Monthly Budget

Rent median rent
$1,968
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,582/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
23.7 min
12% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
34.6%

Commute Mode

Drove alone
58.1%
Carpooled
1.9%
Public transit
0.3%
Walked
1.5%
Bicycle
1.9%
Work from home
34.6%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 7.0%
State rate 6.0%
Avg local rate 1.1%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$140,833
89% above avg
Per Capita Income
$151,564
Unemployment Rate
2.1%
56% below avg
Poverty Rate
7.1%
Labor Force Participation
35.1%

🎓 Education

Bachelor's degree+ 37.3%
Graduate degree 26.5%

👥 Demographics

Median Age 67.6
Male median age 68.3
Female median age 67

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
84.1°F
Avg Low
67.0°F
Annual Precip
49.5"
Annual Snowfall
0"
50° 63° 75° 88° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 757780848890919190878177
Low °F 565861667074767675716359
Precip" 1.681.401.882.522.767.417.778.898.603.931.391.32

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 43 — Good
71.9%
Good air days/yr
144
Max AQI recorded
259
PM2.5 days
101
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
17.2:1
Student-teacher ratio
70
Public schools
47,834
Total enrollment

Frequently Asked Questions

What is the cost of living in Naples, FL?

Naples has a cost index of 307 (100 = national average). It is 207% above the national average.

What is average rent in Naples, FL?

The median gross rent in Naples is $1,968 per month based on 2023 Census data.

What is the average home price in Naples?

The median home value in Naples is $1,254,200 according to Zillow and Census data.

What is the median income in Naples?

The median household income in Naples is $140,833 per year (2023 ACS 5-year estimates).

What is the sales tax in Naples, FL?

The combined state and local sales tax rate in Naples is 7.0%. Florida has no state income tax.

Is Naples, FL affordable?

Naples is above average in cost of living, with an index of 307 — about 207% higher than the national average.

What is the weather like in Naples?

Naples has average high temperatures of 84.1°F and average lows of 67.0°F. Annual precipitation is 49.5". Data from NOAA 1991–2020 Climate Normals.

Naples at a Glance

Population
19,421
Median Income
$140,833
Home Value
$1,254,200
Median Rent
$1,968/mo
Unemployment
2.1%
Avg High Temp
84.1°F
Sales Tax
7.0%
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