Cost of Living in Princeton, IA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
115.4
100 = national avg
+15.4 vs national average
Living Wage (1 Adult)
$50,775
per year
Living Wage (Family of 4)
$120,013
per year
Cost Index by Category
Housing113.5
Food111.7
Transportation123.4
Healthcare109.4
Utilities109.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$928
per month
2 Bedroom
$1,143
per month
The overall cost of living index in Princeton is 115.4, which is 15.4% above the national average. Housing costs are above the national average at an index of 113.5. A single adult needs to earn approximately $50,775 per year to cover basic expenses.