Naples cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexNaplesFloridaNational
Cost of living index168100100
IndexNaplesFloridaNational
Goods & Services index104101100
Groceries index103105100
Health care index10897100
Housing index31895100
Transportation index103105100
Utilities index103102100
Here we can see a simple outline of the cost of living in Naples, FL. As you can see, with the average cost of living in Naples, FL being 168, that puts it 68% higher than the average of Florida and 68% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Naples, FL, the price of goods and services are 4% higher than the average of Florida as well as 4% higher than the nation's average.

Did you know?

  • The cost of living in Naples is 68% higher than the Florida average.
  • The cost of living in Naples is 68% higher than the national average.
  • The cost of housing in Naples is 218% higher than the national average.
  • Florida general sales tax is 18% higher than the national average.
  • Florida state income tax is 100% lower than the national average.

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Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Naples, FL would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Naples, FL, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Naples, FL salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$101,554$8,463$2,369$3,047
Renters$33,944$2,829$792$1,018
The affordability of the housing market in Naples, FL as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Naples, FL homeowners, the median income is $101,554. This indicates that a monthly maximum of $2,369 should be spent by homeowners on all housing related costs. Renters have a median income of $33,944. This indicates that renters should have a maximum of $792 used for their rent related monthly costs.

Florida Sales Tax

StateGeneral Sales TaxWith Max Surtax
Florida6%7.5%

Florida Income Tax

StateIncome Tax (Low)Income Tax (High)
Florida0%0%
When considering the overall cost of living expenses in Naples, FL, it's important to take into account the sales tax for Florida, as well as the rate for income tax in Florida. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Florida is 7.5%, and the sales tax in the state of Florida is 6%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Florida starts from 0% and goes up to 0%.

Goods & Services

ItemNaplesNational avg.Difference
Haircut $14.00$14.594.1%
Beauty Salon $38.25$34.6810.3%
Toothpaste $2.94$2.4718.9%
Shampoo $1.11$1.028.6%
Movie $9.54$9.873.3%
Bowling $4.50$4.392.5%

Groceries

ItemNaplesNational avg.Difference
Ground Beef $4.89$4.489.2%
Fried Chicken $1.63$1.4611.3%
Milk $2.73$2.3615.8%
Potatoes $3.18$3.063.9%
Pizza $8.37$9.249.4%
Beer $9.75$8.6312.9%

Health Care

ItemNaplesNational avg.Difference
Optometrist $119.33$99.7819.6%
Doctor $137.25$105.0330.7%
Dentist $79.20$88.7010.7%
Ibuprofen $10.09$9.417.2%
Lipitor $328.16$298.509.9%

Housing

ItemNaplesNational avg.Difference
Home Price $707,000.00$175,700.00302.4%
Avg. Mortgage Payment $1,157.56$1,081.037.1%
Apartment Rent $1,108.00$920.0020.4%

Transportation

ItemNaplesNational avg.Difference
Gasoline $2.19$2.094.6%
Tire Balancing $44.50$45.291.7%

Utilities

ItemNaplesNational avg.Difference
All Electricity$158.97$170.806.9%
Phone $32.85$28.2616.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Naples Manor, FL6,09693-7%
Golden Gate, FL28,91797-3%
Lely, FL3,48111313%
Bonita Springs, FL46,38411111%
Orangetree, FL5,35111010%
Naples, FL20,21416868%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Hammond, LA20,20793-7%
Union City, GA20,20091-9%
Oxford, MS20,20096-4%
Trussville, AL20,2291088%
Marina, CA20,19813030%
Naples, FL20,21416868%
Source: The Naples, FL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.