Cost of Living in Princeton, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
85.1
100 = national avg
-14.9 vs national average
Living Wage (1 Adult)
$37,445
per year
Living Wage (Family of 4)
$88,507
per year
Cost Index by Category
Housing80.7
Food93.7
Transportation72.8
Healthcare95.0
Utilities92.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$771
per month
2 Bedroom
$1,001
per month
The overall cost of living index in Princeton is 85.1, which is 14.9% below the national average. Housing costs are below the national average at an index of 80.7. A single adult needs to earn approximately $37,445 per year to cover basic expenses.