Housing costs in Princeton?
A typical home costs
$126,200, which is 62.7% less expensive than the national average of
$338,100 and 47.8% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Princeton costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 63.6% cheaper than the state average of
$1,260.
Can I afford Princeton?
To live comfortably in Princeton, Illinois, a minimum annual income of
$24,120 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Princeton?
Princeton, IL is a great place to live with an affordable cost of living. According to the most recent data from BestPlaces.net, the median home price in Princeton is $101,700, which is significantly lower than the national average of $231,200. The overall cost of living index in Princeton is 81.2 compared to the national average of 100, making it 19.8% more affordable than the rest of the country. Additionally, everyday expenses such as groceries and health care are well below average when compared to other parts of the country. All in all, Princeton offers a great quality of life at an excellent price point.