Cost of Living in Princeton Junction, NJ

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

310.0

100 = national avg

+210.0 vs national average

Living Wage (1 Adult)

$136,408

per year

Living Wage (Family of 4)

$322,419

per year

Cost Index by Category

Housing
400.0
Food
200.0
Transportation
335.3
Healthcare
194.1
Utilities
200.0

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,545

per month

2 Bedroom

$1,950

per month

The overall cost of living index in Princeton Junction is 310.0, which is 210.0% above the national average. Housing costs are above the national average at an index of 400.0. A single adult needs to earn approximately $136,408 per year to cover basic expenses.