Princeton is located in Indiana and has an overall cost of living that is -8% compared to the national average. Understanding the full picture of living expenses — from housing and rent to grocery bills and healthcare — is essential when considering a move to Princeton.

Housing: Median rent in Princeton is $1,083 / month, and the median home price is $360,815. Housing costs are -32% compared to the national average, which significantly impacts monthly budgets.

Groceries: Daily essentials like bread ($3.95), milk ($4.57), and eggs ($4.52) reflect the local grocery landscape. Overall grocery costs are -4% vs the national average.

Healthcare: Medical costs include doctor visits ($153.52), dentist visits ($123.32), and prescription drugs ($22.23). These costs should be factored into your monthly budget when planning a move.

Indiana has a state income tax rate of 3.05%, which affects take-home pay for Princeton residents.

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Princeton, Indiana Cost of Living FAQ

Common questions about living costs in Princeton.

Princeton, Indiana has an overall cost of living that is -8% the national average. Housing costs are -32% vs the national average. Grocery prices are -4% vs average. Utilities are +6% vs average. This makes Princeton a reasonably affordable city.

The median rent in Princeton, Indiana is $1,083 / month. Average energy bills run $232.46 / month. Phone bills average $207.38 / month. Housing is typically the largest expense for residents.

Healthcare costs in Princeton: doctor's visit averages $153.52, dentist visit averages $123.32, prescription drugs average $22.23. Overall healthcare expenses in the area are influenced by the -4% grocery cost difference.

Princeton is one of 123 cities tracked in Indiana. With an overall cost -8% vs the national average, it is more affordable than many other cities in the state. Visit our Indiana state page to compare all cities side-by-side and find the best fit for your budget.

Princeton offers cost of living -8% compared to the national average. Key factors to consider: median home price of $360,815, rent of $1,083 / month, and a state income tax of 3.05% in Indiana. Explore our detailed cost breakdown above to see if Princeton fits your budget.