CostIndexUSA

Naples, FL vs Phoenix, AZ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostFL
Naples
103.2
overall index
$2,650/mo rent
AZ
Phoenix
103.3
overall index
$1,725/mo rent

Naples and Phoenix have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing6.3%
Naples
129.4
Phoenix
121.2
🛒 Groceries1.2%
Naples
96.2
Phoenix
95
🚗 Transportation+5.2%
Naples
103.8
Phoenix
109.2
🏥 Healthcare+5.2%
Naples
93.9
Phoenix
98.8
Utilities+6.3%
Naples
87.8
Phoenix
93.3

Salary Equivalency Calculator

Enter your current salary in Naples to see what you'd need to earn in Phoenix to maintain the same purchasing power.

$
Equivalent salary in Phoenix, AZ
$80,100
$100 more needed in Phoenix

Formula: salary × (103.3 ÷ 103.2) = salary × 1.0010. Based on BEA Regional Price Parities.

Housing Market

Naples, FL

Median Home Price
$551,000
Median Monthly Rent
$2,650
Housing Index
129.4
Price-to-Rent Ratio
17.3×

Phoenix, AZ

Median Home Price
$442,000
Median Monthly Rent
$1,725
Housing Index
121.2
Price-to-Rent Ratio
21.4×

Naples has 6.3% lower housing costs compared to Phoenix.

Income & Job Market

Naples, FL

Median Household Income
$90,100
Per Capita Income
$51,400
Unemployment Rate
2%
Population
21,661
Top Industries
TourismHealthcareReal EstateFinanceRetail

Phoenix, AZ

Median Household Income
$85,700
Per Capita Income
$48,800
Unemployment Rate
3.8%
Population
1,608,139
Top Industries
TechnologyHealthcareReal EstateTourismFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Naples, FL
2.8×income-to-rent ratio

65% of income left after rent (median)

Phoenix, AZ
4.1×income-to-rent ratio

76% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.