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Home » Europe » Is Naples Florida expensive to live?

Is Naples Florida expensive to live?

December 14, 2021 by Shelia Campbell

The overall cost of living index is 111.9, compared with 100 for the average city in the United States.The cost of living in Naples is rising, especially for housing, food, and transportation. Residents get a break on state taxes; Florida has no state income tax and no tax on pension or 401k income.

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Contents

How much does it cost to live in Naples Florida?

Naples cost of living is 111.9

COST OF LIVING Naples Florida
Median Home Cost $399,000 $294,900
Utilities 97.9 101.3
Transportation 80.6 112.6
Miscellaneous 108.6 96.9

Do you have to be rich to live in Naples Florida?

The city is one of the wealthiest in the country, boasting more millionaires than almost any other U.S. community. You don’t have to be a millionaire to move to Naples, however.Naples does have a large senior population, and over 20 percent of its residents are over 65 years old.

Is Naples Florida a rich city?

Naples is one of the wealthiest cities in the United States, with the sixth highest per capita income in America, and the second highest proportion of millionaires per capita in the US..

What is the average household income in Naples Florida?

$107,013
Table

Population
Income & Poverty
Median household income (in 2019 dollars), 2015-2019 $107,013
Per capita income in past 12 months (in 2019 dollars), 2015-2019 $110,423
Persons in poverty, percent  7.9%

Why is Naples Fl so expensive?

The cost of living in Naples is rising, especially for housing, food, and transportation. Residents get a break on state taxes; Florida has no state income tax and no tax on pension or 401k income. Thinking about moving to Naples?

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What is a good salary in Naples FL?

Naples, Florida Jobs by Salary

Job Title Range Average
Project Manager, (Unspecified Type / General) Range:$48k – $143k Average:$83,399
Operations Manager Range:$47k – $88k Average:$60,795
Property Manager Range:$35k – $90k Average:$62,400
Human Resources (HR) Director Range:$56k – $124k Average:$77,678

Why is everyone moving to Naples FL?

Naples is a beautiful, waterfront community, with pristine beaches and an incredible selection of luxury homes, in addition to some of the finest shopping and dining in Florida. It’s no wonder that people from all over the world come to the Naples area in search of a vacation home, second home, or retirement home.

What are the cons of living in Naples Florida?

List of the Cons of Living in Naples

  • If it isn’t sunny in Naples, then you can expect some heavy rain.
  • Traffic can still be problematic if you commute into the city.
  • Warmer weather means the insects are larger in Naples.
  • You could be paying thousands of dollars each year in HOA fees.

Why is Naples Florida so popular?

Ranked as having the sixth-highest per capita income in the country, Naples is one of the most desirable places to live. Located in southwest Florida and situated next to the Gulf of Mexico, Naples is best known for its high-end shopping, an abundance of golf courses, and pristine beaches with beautiful sunsets.

Is Naples safe from hurricanes?

3. Southwest Florida (Fort Myers-Naples) Southwest Florida is often spared some of the worst of hurricane season, but that doesn’t mean that significant storms don’t make their way around the Gulf Coast. Hurricane Irma is the worst hurricane to have hit the Fort Myers-Naples area in recent history in 2017.

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Which is better Naples or Sarasota?

Naples does have beautiful beaches that provide for better overall shelling than Sarasota and a well-known pier. The addition of the “keys” (or islands) from north to south (Longboat, Lido, Siesta and Casey) creates more luxury real estate in Sarasota than in Naples.

What’s the wealthiest city in Florida?

In Florida, Palm Beach is home to more billionaires than any other city. A total of 11 billionaires live in Palm Beach with a combined net worth of $61.6 billion. Of Palm Beach residents with a minimum 10-figure net worth, Thomas Peterffy is the wealthiest, worth an estimated $25.2 billion.

What percent of Naples is white?

93.23%
Naples Demographics
White: 93.23% Black or African American: 4.45% Two or more races: 1.04%

What is the winter population of Naples Florida?

During the winter months, the county population grows by as much as another 100,000 residents, bringing the winter population to around 410,000 including the snowbirds.

What nationality lives in Naples Florida?

The 5 largest ethnic groups in Naples, FL are White (Non-Hispanic) (88.8%), White (Hispanic) (4.45%), Black or African American (Non-Hispanic) (4.42%), Two+ (Non-Hispanic) (0.958%), and Asian (Non-Hispanic) (0.83%). 0% of the households in Naples, FL speak a non-English language at home as their primary language.

What is the coldest month in Naples FL?

January
Average Temperature in Naples
The cool season lasts for 2.8 months, from December 9 to March 4, with an average daily high temperature below 77°F. The coldest month of the year in Naples is January, with an average low of 57°F and high of 74°F.

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Are there bad areas in Naples FL?

The most dangerous areas in Naples are in red, with moderately safe areas in yellow. Crime rates on the map are weighted by the type and severity of the crime.

Which part of Florida is best to live in?

Best Places to Live in Florida in 2021

  1. Naples. Nestled in the southwest corner of Florida, along the Gulf of Mexico, Naples holds the top spot for places to live in Florida.
  2. Sarasota.
  3. Melbourne.
  4. Jacksonville.
  5. Pensacola.
  6. Tampa.
  7. Fort Myers.
  8. Port St.

What is minimum wage in Naples Florida?

$8.56
Living Wage Calculation for Naples-Immokalee-Marco Island, FL

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 0 Children
Living Wage $14.84 $11.62
Poverty Wage $6.13 $4.14
Minimum Wage $8.56 $8.56

How often does Naples Fl get hurricanes?

In that time 74 tropical storms and hurricanes have passed within 75 nautical miles of Naples or one nearly every 2.2 years! Of those, 44 (more than half) have been tropical storms with winds of less than 74 miles per hour. That also means that 30 have been hurricanes, or one about every 5.4 years!

Filed Under: Europe Tagged With: Italy, Naples

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About Shelia Campbell

Sheila Campbell has been traveling the world for as long as she can remember. Her parents were avid travelers, and they passed their love of exploration onto their daughter. Sheila has visited every continent on Earth, and she's always looking for new and interesting places to explore.

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