Housing costs in Princeton?
A typical home costs
$103,600, which is 69.4% less expensive than the national average of
$338,100 and 46.7% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Princeton costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 4.2% more than the state average of
$920.
Can I afford Princeton?
To live comfortably in Princeton, Kentucky, a minimum annual income of
$19,800 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Princeton?
The cost of living in Princeton, KY is quite reasonable. According to the Sperling's Best Places Cost of Living Index, the overall cost of living in Princeton is 6% below the national average. This means that goods and services are much more affordable than they would be in other parts of the country. Housing costs are particularly low, with a median home value of just $75,200 and a median rent price of only $635 per month. Additionally, groceries cost about 8% less than the national average, while transportation costs and healthcare expenses are roughly 4% and 5% lower than the national average as well. All in all, Princeton offers an excellent quality of life without having to break your budget.