Housing costs in Naples?
A typical home costs
$407,200, which is 20.4% more expensive than the national average of
$338,100 and 12.4% more expensive than the average Florida home, at
$362,400. Renting a two-bedroom unit in Naples costs
$1,690 per month, which is 8.3% more than the national average of
$1,560 and 6.5% cheaper than the state average of
$1,800.
Can I afford Naples?
To live comfortably in Naples (zip 34104), Florida, a minimum annual income of
$78,120 for a family, and
$55,200 for a single person is recommended.
What does A.I. say about Naples?
The cost of living in 34104 Naples, FL is higher than the national average. According to Best Places, the cost of living index in this zip code is 155.9 which is 55.9 points higher than the U.S. average of 100 points. This means that goods and services in 34104 Naples, FL are more expensive compared to other parts of the country. Housing expenses, especially rent, are significantly higher than most other cities in the U.S., with prices averaging at around $1,800 for a one-bedroom apartment and nearly $2,500 for a two-bedroom apartment. Groceries and utilities also come at a premium here due to its close proximity to the beach and tourist attractions which drive up demand for services. Therefore, if you plan on living in this area of Florida it may be prudent to consider how much extra money you will need to budget for your monthly living expenses.