Cost of Living in Naples, UT
Population: 3,217 | Utah
Naples is 5% less expensive than the national average.
Cost of Living in Naples, UT: What You Need to Know
With a cost of living index of 95, Naples, UT is slightly more affordable than average. Living here is 5% cheaper than the national average and 12% below the Utah state average of 108. Naples is a small community of 3,217 residents.
Housing costs are the biggest factor in Naples's cost of living. The median monthly rent is $1,321 (0% below the US median of $1,319), and the median home value sits at $264,100 (13% below the national median of $304,900). At current prices, the median home costs roughly 2.8x the median household income — well within traditional affordability guidelines.
The median household income in Naples is $94,048, which is 25% higher than the national median of $75,149. Residents spend roughly 17% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $94,048
- vs US Median ($75,149)
- +25%
Housing
- Median Rent
- $1,321/mo
- Median Home Value
- $264,100
- Median Monthly Housing Cost
- $1,297/mo