According to the most recent data on the cost of living, Princeton Meadows has an overall cost of living index of 129 which is 1.3x higher than the national index of 100.
Compared to only New Jersey, Princeton Meadows has a cost of living index that's 1.1x higher than New Jersey's index of 121.
The standard of living in Princeton Meadows ranks as #5,224 most affordable out of the 6,418 places we measured in New Jersey. By definition, that implies Princeton Meadows ranks as the #1,195 most expensive place in the Garden State.
Living Expense | Princeton Meadows | New Jersey | National Average | |
---|---|---|---|---|
Overall | 129 | 121 | 100 | |
Services | 112 | 107 | 100 | |
Groceries | 107 | 107 | 100 | |
Health | 103 | 100 | 100 | |
Housing | 176 | 160 | 100 | |
Transportation | 107 | 106 | 100 | |
Utilities | 103 | 98 | 100 |
Housing swings affordability the most between places in New Jersey, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Princeton Meadows | New Jersey | United States |
---|---|---|---|
Median Home Value | $526,500 | $343,500 | $229,800 |
Median Rent | $1,622 | $1,368 | $1,096 |
Median Income | $112,520 | $85,245 | $64,994 |
Home Value To Income | 4.7x | 4.0x | 3.5x |
Rent To Monthly Income | 0.17x | 0.19x | 0.2x |
Item | Princeton Meadows | New Jersey |
---|---|---|
Shampoo | $1.03 | $1.06 |
Movie | $12.59 | $10.68 |
Bowling | $17.73 | $14.67 |
Item | Princeton Meadows | New Jersey |
---|---|---|
Ground Beef | $3.87 | $4.22 |
Fried Chicken | $1.67 | $1.39 |
Milk | $2.41 | $2.05 |
Item | Princeton Meadows | New Jersey |
---|---|---|
Haircut | $20.73 | $18.62 |
Beauty Salon | $36.4 | $39.05 |
Toothpaste | $2.16 | $2.34 |
Item | Princeton Meadows | New Jersey |
---|---|---|
Potatoes | $3.09 | $3.29 |
Pizza | $11.4 | $10.62 |
Beer | $9.19 | $9.38 |
Optometrist | $101.33 | $108.57 |
Doctor | $94.5 | $116.17 |
Dentist | $113.15 | $99.13 |
Item | Princeton Meadows | New Jersey |
---|---|---|
Gasoline | $2.26 | $2.22 |
Tire Balancing | $56.66 | $50.07 |
All Electricity | $174.26 | $167.67 |
Phone | $179.87 | $175.64 |
City | Population | Cost Of Living | Vs. Princeton Meadows |
---|---|---|---|
Bradley Gardens, NJ | 14,714 | 144 | 1.1x |
Middlesex, NJ | 13,606 | 123 | 1.0x |
Mercerville, NJ | 12,783 | 116 | 0.9x |
Hamilton Square, NJ | 11,526 | 130 | 1.0x |
Martinsville, NJ | 11,384 | 155 | 1.2x |
Kendall Park, NJ | 9,852 | 131 | 1.0x |
White Horse, NJ | 9,557 | 111 | 0.9x |
Monmouth Junction, NJ | 8,911 | 138 | 1.1x |
Dayton, NJ | 8,158 | 135 | 1.0x |
Heathcote, NJ | 7,389 | 139 | 1.1x |