Housing costs in Princeton?
A typical home costs
$218,500, which is 35.4% less expensive than the national average of
$338,100 and 24.5% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Princeton costs
$1,130 per month, which is 21.0% cheaper than the national average of
$1,430 and close to the state average of
$1,110.
Can I afford Princeton?
To live comfortably in Princeton, North Carolina, a minimum annual income of
$41,760 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Princeton?
The cost of living in Princeton, NC is slightly below the national average. In terms of housing costs, the median home value is $119,900, significantly lower than the national average of $194,500. Additionally, rental costs are lower than the national averages with a median rent price of $819 per month compared to an average of $949. The cost of goods and services also remain relatively low at 95.4 on the Cost of Living Index compared to the US average index score of 100. Ultimately, Princeton has a reasonable cost of living that allows residents to take advantage of all that this small town has to offer without breaking the bank.