How Much Do You Need to Live Comfortably in Naples, FL?

Thinking of relocating to Naples, Florida? Known for its beautiful beaches, upscale lifestyle, and relaxed Gulf Coast charm, Naples is also one of the more expensive places to live in the Sunshine State. Before making the move, it’s important to understand the true cost of living and what income level supports a comfortable lifestyle here.

🔎 Key Takeaways

1. Expect to earn at least $96,000/year to comfortably rent a one-bedroom apartment in Naples.
2. Median home prices exceed $1 million, far above national averages.
3. Transportation, healthcare, and utility costs add substantially to your monthly budget.
4. A family of four may need $138,000/year in combined income to meet basic living standards.
5. Naples' lifestyle is ideal for remote professionals, retirees, and high-earning individuals or families.

Cost of Living Breakdown

Housing Costs

Housing is the largest driver of Naples' high cost of living. As of early 2025:

• Average rent for a 1-bedroom apartment is around $2,406/month.
• Rent for a 2-bedroom unit averages $2,865/month.
• Home prices are significantly higher, with a median home price near $1,045,900.

Following the standard 30% income rule for housing, renters should aim to earn at least $96,240 annually to comfortably afford a 1-bedroom unit.

Basic Living Expenses

Aside from housing, other key expenses include:

• Transportation: $10,054/year for a single adult.
• Healthcare: $2,869/year.
• Utilities: Around $217/month.

These figures make Naples more costly than most Florida cities.

Income Guidelines

According to the MIT Living Wage Calculator:

• A single adult needs to earn at least $49,203/year to meet basic needs.
• A family of four with two working adults requires approximately $138,087/year before taxes.

However, these numbers represent minimum thresholds. For a more comfortable lifestyle that includes dining out, travel, and savings, a higher income is recommended.

Why People Still Choose Naples

Despite the costs, many choose Naples for its:

• Low crime rate and clean environment
• Top-tier healthcare and schools
• Abundant outdoor and cultural activities
• Mild winter climate

It’s especially attractive to remote workers, retirees, and high-net-worth individuals seeking a slower pace with access to luxury amenities.

Final Thoughts

Naples offers a high quality of life, but it comes with a price tag. If you're planning a move, budgeting carefully and understanding local costs can help ensure your lifestyle aligns with your financial goals. Whether you're eyeing a beachfront condo or a suburban home, a well-informed relocation plan is key to enjoying all that Naples has to offer.