What is the cost of living in Princeton, FL?
According to the most recent data on the cost of living, Princeton has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to Florida, Princeton has a cost of living index that's 1.2x higher than Florida's index of 104.
The standard of living in Princeton ranks as #335 most affordable out of the 462 places we measured in Florida. By definition, that implies Princeton ranks as the #127 most expensive place in the Sunshine State.
For more reading on life in Princeton, check out:
Princeton Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Princeton. Here is how it fares on each of the criteria:
The Services index in Princeton is 102.
The Groceries index in Princeton is 107.
The Health index in Princeton is 155.
The Housing index in Princeton is 106.
The Transportation index in Princeton is 109.
The Utilities index in Princeton is 108.
| Living Expense | Princeton | Florida | National Average |
|---|---|---|---|
| Overall | 120 | 104 | 100 |
| Services | 102 | 101 | 100 |
| Groceries | 107 | 105 | 100 |
| Health | 155 | 99 | 100 |
| Housing | 106 | 104 | 100 |
| Transportation | 109 | 109 | 100 |
| Utilities | 108 | 105 | 100 |
Princeton Cost Of Living Compared To Florida Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Florida, check out:
Protect your home budget Compare home warranties in Princeton Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Princeton, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:
The Median Home Value in Princeton is $446,712.
The Median Rent in Princeton is $1,647.
The Median Income in Princeton is $83,426.
The Home Value To Income in Princeton is 5.4x.
The Rent To Monthly Income in Princeton is 0.24x.
Princeton, FL Costs By Category
Detailed Princeton Services costs vs. Florida
Detailed Princeton Groceries costs vs. Florida
Detailed Princeton Health costs vs. Florida
Detailed Princeton Transportation costs vs. Florida
Princeton SnackAbility
Cost Of Living In Cities Around Princeton
The cost of living varies in the cities and towns around Princeton. Here's a quick look at the cost of living in the most populous nearby places:
Homestead, FL has a cost of living index of 114, 0.9x Princeton.
Kendale Lakes, FL has a cost of living index of 120, 1.0x Princeton.
Coral Gables, FL has a cost of living index of 191, 1.6x Princeton.
| City | Population | Cost Of Living | Vs. Princeton |
|---|---|---|---|
| Homestead, FL | 82,807 | 114 | 0.9x |
| Kendale Lakes, FL | 52,622 | 120 | 1.0x |
| Coral Gables, FL | 49,802 | 191 | 1.6x |
| Tamiami, FL | 49,752 | 126 | 1.1x |
| Cutler Bay, FL | 45,070 | 123 | 1.0x |
| South Miami Heights, FL | 38,766 | 114 | 0.9x |
| Richmond West, FL | 35,593 | 133 | 1.1x |
| Coral Terrace, FL | 24,895 | 128 | 1.1x |
| The Crossings, FL | 22,963 | 126 | 1.1x |
| Country Walk, FL | 19,291 | 132 | 1.1x |
