Princeton, WV Cost Of Living

The latest cost of living statistics for Princeton. Includes statistics on rent, mortgages, healthcare, and other costs for Princeton compared to the state and national averages.

Cost of living in Princeton, West Virginia

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 West Virginia, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

91 Cost of living index 0.9x lower vs US
#19 Cheapest in West Virginia (of 30)
#1,207 Cheapest in the U.S. (of 6,489)
$166,769 Median home value
$747 Median rent
$43,900 Median income
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What is the cost of living in Princeton, WV?

According to the most recent data on the cost of living, Princeton has an overall cost of living index of 91, which is 0.9x lower than the national index of 100.

Compared to West Virginia, Princeton has a cost of living index that's 1.1x higher than West Virginia's index of 86.

The standard of living in Princeton ranks as #19 most affordable out of the 30 places we measured in West Virginia. By definition, that implies Princeton ranks as the #11 most expensive place in the Mountain State.

For more reading on life in Princeton, check out:

Princeton Cost Of Living Vs. West Virginia

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 103.

  • The Groceries index in Princeton is 103.

  • The Health index in Princeton is 61.

  • The Housing index in Princeton is 101.

  • The Transportation index in Princeton is 102.

  • The Utilities index in Princeton is 102.

Living Expense Princeton West Virginia National Average
Overall 91 86 100
Services 103 95 100
Groceries 103 95 100
Health 61 61 100
Housing 101 95 100
Transportation 102 93 100
Utilities 102 93 100

Princeton Cost Of Living Compared To West Virginia Averages

Services
Princeton 103
West Virginia avg 95
Groceries
Princeton 103
West Virginia avg 95
Health
Princeton 61
West Virginia avg 61
Housing
Princeton 101
West Virginia avg 95
Transportation
Princeton 102
West Virginia avg 93
Utilities
Princeton 102
West Virginia avg 93

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around West Virginia, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Princeton, WV Housing Cost Breakdown

$166,769Median Home Value
$747Median Rent
$43,900Median Income

Housing swings affordability the most between places in West Virginia, 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 $166,769.

  • The Median Rent in Princeton is $747.

  • The Median Income in Princeton is $43,900.

  • The Home Value To Income in Princeton is 3.8x.

  • The Rent To Monthly Income in Princeton is 0.2x.

Statistic Princeton West Virginia United States
Median Home Value $166,769 $174,411 $332,700
Median Rent $747 $872 $1,413
Median Income $43,900 $59,608 $80,734
Home Value To Income 3.8x 2.9x 4.1x
Rent To Monthly Income 0.2x 0.18x 0.21x

Princeton, WV Costs By Category

Detailed Princeton Services costs vs. West Virginia
Item Princeton West Virginia
Shampoo $1.72 $1.28
Movie $15.61 $12.13
Bowling $27.24 $18
Haircut $27.83 $24.26
Beauty Salon $59.17 $45.56
Detailed Princeton Groceries costs vs. West Virginia
Item Princeton West Virginia
Ground Beef $5.67 $5.84
Fried Chicken $1.41 $1.57
Milk $4.83 $4.67
Potatoes $5.33 $4.93
Pizza $12.62 $12.09
Beer $11.14 $10.41
Toothpaste $4.1 $3.7
Detailed Princeton Health costs vs. West Virginia
Item Princeton West Virginia
Optometrist $130.89 $125.68
Doctor $159.79 $135.78
Dentist $125.44 $113.29
Detailed Princeton Transportation costs vs. West Virginia
Item Princeton West Virginia
Gasoline $3.51 $3.46
Tire Balancing $80.0 $59.92
Detailed Princeton Utilities costs vs. West Virginia
Item Princeton West Virginia
All Electricity $200.62 $193.99
Phone $184.83 $192.25

Princeton SnackAbility

5Overall SnackAbility
Jobs 4/10
Housing 5/10
Affordability 8/10
Diversity 6/10
Safety 8/10
Amenities 8/10
Education 6/10
Commute 9/10

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:

  • Blacksburg, VA has a cost of living index of 120, 1.3x Princeton.

  • Christiansburg, VA has a cost of living index of 103, 1.1x Princeton.

  • Radford, VA has a cost of living index of 100, 1.1x Princeton.

City Population Cost Of Living Vs. Princeton
Blacksburg, VA 45,446 120 1.3x
Christiansburg, VA 22,720 103 1.1x
Radford, VA 16,726 100 1.1x
Bluefield, WV 9,387 88 1.0x
Pulaski, VA 8,893 90 1.0x
Wytheville, VA 8,202 96 1.1x
Oak Hill, WV 7,937 82 0.9x
Marion, VA 5,670 87 1.0x
Richlands, VA 5,171 86 0.9x