Total monthly cost of ownership
Cost to Own a Home in Naples, Florida
A $1,254,000 home here costs
$9,496per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $407,000 a year.
A standard mortgage calculator would have told you $6,837. The real number is $2,659 higher every month, 39% more than the payment most buyers budget for.
Compare Collier County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Naples against Collier County and Florida
| Measure | Naples | Collier County |
|---|---|---|
| Median home value | $1,254,200 | $486,800 |
| Median property tax | $7,474 | $3,219 |
| Effective tax rate | 0.596% | 0.661% |
| Median gross rent | $1,968 | $1,752 |
| Population | 19,421 | 387,681 |
The weather behind that power bill
Naples sits in Collier County, which averages a high of 92.6°F in its hottest month and a low of 53.1°F in its coldest, with 55.28" of precipitation a year and 48% of it in a single three-month stretch. That climate drives 4,136 cooling and 230 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Collier County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Collier County
Full Collier County cost breakdown · Every county in Florida
Talk to someone who works this market
These are Naples averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Naples every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Naples I already own here and may sell
Common questions
How much does it cost to own a home in Naples?
A $1,254,000 home in Naples, Florida costs approximately $9,496 per month with 20% down at 7.24%. That is $6,837 principal and interest, $623 property tax, $758 homeowners insurance, $233 utilities and $1,045 set aside for maintenance.
What is the property tax rate in Naples?
Naples has an effective property tax rate of 0.596%, based on a median home value of $1,254,200 and median real estate taxes of $7,474. That is lower than the Collier County average of 0.661%.
What is the average home price in Naples?
The median owner-occupied home value in Naples, Florida is $1,254,200, against $486,800 across Collier County.
Is it cheaper to rent or buy in Naples?
Median gross rent in Naples is $1,968 a month, against $9,496 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Naples?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Naples, Florida at today's rate takes a household income of roughly $407,000 a year. That covers the full $9,496 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Naples, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Florida.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.