Housing costs in Princeton?
A typical home costs
$140,300, which is 58.5% less expensive than the national average of
$338,100 and 36.7% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Princeton costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 18.1% cheaper than the state average of
$980.
Can I afford Princeton?
To live comfortably in Princeton, Indiana, a minimum annual income of
$27,000 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Princeton?
Princeton, IN is known for its affordability when it comes to living costs. The cost of living is significantly lower than the state and national average. Housing costs remain relatively low with an average cost of a home being around $87,000, compared to the state median of $182,000. Renting is also very affordable with average rent prices between $600-700 per month. Other than housing, groceries and essential items are generally inexpensive as well. All in all, Princeton offers a great value for those looking for an affordable place to live.