Cost of Living in Naples, FL
Housing
The housing market plays a significant role in determining the cost of living in Naples, FL.
- Housing Index: 110.0 / 100
- Median Home Price is: $409,000
- Average Rent (2 BR Apartment): $2100 per month
- Average Rent (2 BR House): $2150 per month
When considering a move to Naples, FL, the housing market shows a housing index of 110.0, relatively higher than the national average, indicating a competitive market. The median home price of 409000 reflects a robust demand, which may require potential buyers to act quickly. Renting also poses a significant expense, with the average rent for a 2-bedroom apartment at 2100 and houses slightly higher at 2150. It’s essential to align your budget with these costs to make an informed decision about relocating to this vibrant locale.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Naples, FL.
- Electricity Price: $13.89 USD (median by state)
- Natural Gas Price: $26.13 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $220 per month
Living in Naples, FL could entail higher utility costs. Electricity costs sit at $13.89, while natural gas is priced at $26.13 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $220 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Naples is a financially viable option for your relocation.