Princeton, FL Cost Of Living
Cost Of Living In Princeton, FL Summary
Cost of living in Princeton research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Princeton is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Princeton is 117, with 100 being the average.
The cost of living index in Princeton is 1.2x higher than the national average.
Princeton ranks as the #339 cheapest in Florida out of 459.
Princeton ranks as the #4,212 cheapest out of 6,489 in the US.
The median home value in Princeton is $447,838.
The median income in Princeton is $82,130.
Table Of Contents
Princeton's Overall Cost Of Living
Higher Than The National Average
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 117, 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 97.
The standard of living in Princeton ranks as #339 most affordable out of the 459 places we measured in Florida. By definition, that implies Princeton ranks as the #120 most expensive place in the Sunshine State.
For more reading on life in Princeton, check out:
In Florida
In America
Princeton Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Princeton. Here is how it fairs on each of the criteria:
The Services index in Princeton is 107.
The Groceries index in Princeton is 105.
The Health index in Princeton is 98.
The Housing index in Princeton is 147.
The Transportation index in Princeton is 102.
The Utilities index in Princeton is 103.
| Living Expense | Princeton | Florida | National Average | |
|---|---|---|---|---|
| Overall | 117 | 97 | 100 | |
| Services | 107 | 96 | 100 | |
| Groceries | 105 | 99 | 100 | |
| Health | 98 | 98 | 100 | |
| Housing | 147 | 96 | 100 | |
| Transportation | 102 | 97 | 100 | |
| Utilities | 103 | 95 | 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 2019-2023. The key points are:
The Median Home Value in Princeton is $447,838.
The Median Rent in Princeton is $1,663.
The Median Income in Princeton is $82,130.
The Home Value To Income in Princeton is 5.5x.
The Rent To Monthly Income in Princeton is 0.24x.
Median Home Value
Median Rent
Median Income
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
Detailed Princeton Utilities Costs Vs. Florida
Princeton SnackAbility
/10
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 110, 0.9x Princeton.
Kendale Lakes, FL has a cost of living index of 118, 1.0x Princeton.
Tamiami, FL has a cost of living index of 124, 1.1x Princeton.
| City | Population | Cost Of Living | Vs. Princeton |
|---|---|---|---|
| Homestead, FL | 80,725 | 110 | 0.9x |
| Kendale Lakes, FL | 52,141 | 118 | 1.0x |
| Tamiami, FL | 51,201 | 124 | 1.1x |
| Coral Gables, FL | 49,243 | 188 | 1.6x |
| Cutler Bay, FL | 44,483 | 124 | 1.1x |
| South Miami Heights, FL | 37,525 | 112 | 1.0x |
| Richmond West, FL | 35,988 | 132 | 1.1x |
| Coral Terrace, FL | 24,051 | 128 | 1.1x |
| The Crossings, FL | 22,359 | 125 | 1.1x |
| Country Walk, FL | 18,693 | 133 | 1.1x |
