What is the cost of living in Princeton, TX?
According to the most recent data on the cost of living, Princeton has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Texas, Princeton has a cost of living index that's 1.2x higher than Texas's index of 93.
The standard of living in Princeton ranks as #314 most affordable out of the 419 places we measured in Texas. By definition, that implies Princeton ranks as the #105 most expensive place in the Lone Star State.
For more reading on life in Princeton, check out:
Princeton Cost Of Living Vs. Texas
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 101.
The Groceries index in Princeton is 98.
The Health index in Princeton is 126.
The Housing index in Princeton is 93.
The Transportation index in Princeton is 110.
The Utilities index in Princeton is 99.
| Living Expense | Princeton | Texas | National Average |
|---|---|---|---|
| Overall | 108 | 93 | 100 |
| Services | 101 | 100 | 100 |
| Groceries | 98 | 99 | 100 |
| Health | 126 | 81 | 100 |
| Housing | 93 | 97 | 100 |
| Transportation | 110 | 103 | 100 |
| Utilities | 99 | 100 | 100 |
Princeton Cost Of Living Compared To Texas Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around Texas, 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, TX Housing Cost Breakdown
Housing swings affordability the most between places in Texas, 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 $294,071.
The Median Rent in Princeton is $2,239.
The Median Income in Princeton is $105,200.
The Home Value To Income in Princeton is 2.8x.
The Rent To Monthly Income in Princeton is 0.26x.
Princeton, TX Costs By Category
Detailed Princeton Services costs vs. Texas
Detailed Princeton Groceries costs vs. Texas
Detailed Princeton Health costs vs. Texas
Detailed Princeton Transportation costs vs. Texas
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:
Plano, TX has a cost of living index of 120, 1.1x Princeton.
Frisco, TX has a cost of living index of 133, 1.2x Princeton.
McKinney, TX has a cost of living index of 122, 1.1x Princeton.
| City | Population | Cost Of Living | Vs. Princeton |
|---|---|---|---|
| Plano, TX | 290,594 | 120 | 1.1x |
| Frisco, TX | 219,304 | 133 | 1.2x |
| McKinney, TX | 210,600 | 122 | 1.1x |
| Richardson, TX | 118,731 | 116 | 1.1x |
| Allen, TX | 110,265 | 120 | 1.1x |
| Rowlett, TX | 65,463 | 111 | 1.0x |
| Wylie, TX | 60,334 | 115 | 1.1x |
| Rockwall, TX | 51,168 | 111 | 1.0x |
| Sachse, TX | 30,491 | 112 | 1.0x |
| Murphy, TX | 21,188 | 131 | 1.2x |
