Napoli, NY is an affordable place to live with a 2 Bedroom rent of only $820 compared to the US average of $1,430. Grocery costs are also considerably lower in Napoli at 96 on the index as opposed to 100 in the US. This makes Napoli an attractive destination for those looking to save money. Local businesses such as real estate firms and grocery stores will likely benefit from this information. Real estate agents may be able to leverage this data when marketing properties located in Napoli or they could offer discounts for rentals in order to encourage more people to move there. Similarly, grocery stores can create deals targeted at residents of Napoli and advertise how much money their customers can save by shopping there instead of other local stores.
Napoli has an unemployment rate of 7.2%. The US average is 6.0%.
Napoli has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 15.6%, which is lower than the US average of 33.5%.
Tax Rates for Napoli
- The Sales Tax Rate for Napoli is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Napoli is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Napoli
- The average income of a Napoli resident is $15,843 a year. The US average is $28,555 a year.
- The Median household income of a Napoli resident is $61,518 a year. The US average is $69,021 a year.