Housing costs in Princeton?
A typical home costs
$265,300, which is 21.5% less expensive than the national average of
$338,100 and 36.1% more expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Princeton costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 20.8% cheaper than the state average of
$930.
Can I afford Princeton?
To live comfortably in Princeton, Iowa, a minimum annual income of
$50,760 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Princeton?
Princeton, IA is a small city with a population of approximately 1,400 people. The cost of living in Princeton is relatively low compared to other cities and towns in the United States. The median home value in Princeton is just over $100,000, and the median household income is right at $40,000. The average rent price for an apartment in Princeton is just $550 per month, making it a very affordable place to live. Grocery prices are also quite low in Princeton, averaging around only $2-3 per item. All these factors make Princeton an attractive and economical option for those looking for a place to call home.