Cost of Living in Princeton, KY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
77.1
100 = national avg
-22.9 vs national average
Living Wage (1 Adult)
$33,913
per year
Living Wage (Family of 4)
$80,157
per year
Cost Index by Category
Housing62.9
Food89.6
Transportation79.3
Healthcare91.7
Utilities86.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$714
per month
2 Bedroom
$866
per month
The overall cost of living index in Princeton is 77.1, which is 22.9% below the national average. Housing costs are below the national average at an index of 62.9. A single adult needs to earn approximately $33,913 per year to cover basic expenses.