CostIndexUSA

Ann Arbor, MI vs Naples, FL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableMI
Ann Arbor
100.9
overall index
$2,050/mo rent
FL
Naples
103.2
overall index
$2,650/mo rent

Ann Arbor is slightly cheaper than Naples — 2.3% lower overall cost of living.

To match an $80,000 salary in Ann Arbor, you would need $81,800 in Naples. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+3.3%
Ann Arbor
125.3
Naples
129.4
🛒 Groceries+2.7%
Ann Arbor
93.7
Naples
96.2
🚗 Transportation0.7%
Ann Arbor
104.5
Naples
103.8
🏥 Healthcare0.7%
Ann Arbor
94.6
Naples
93.9
Utilities10.6%
Ann Arbor
98.2
Naples
87.8

Salary Equivalency Calculator

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

$
Equivalent salary in Naples, FL
$81,800
$1,800 more needed in Naples

Formula: salary × (103.2 ÷ 100.9) = salary × 1.0228. Based on BEA Regional Price Parities.

Housing Market

Ann Arbor, MI

Median Home Price
$398,000
Median Monthly Rent
$2,050
Housing Index
125.3
Price-to-Rent Ratio
16.2×

Naples, FL

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

Naples has 3.3% higher housing costs compared to Ann Arbor.

Income & Job Market

Ann Arbor, MI

Median Household Income
$83,800
Per Capita Income
$47,800
Unemployment Rate
3.3%
Population
123,851
Top Industries
EducationTechnologyHealthcareManufacturingResearch

Naples, FL

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

Affordability at a Glance

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

Ann Arbor, MI
3.4×income-to-rent ratio

71% of income left after rent (median)

Naples, FL
2.8×income-to-rent ratio

65% 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.