Cost of Living in Princeton, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
160.2
100 = national avg
+60.2 vs national average
Living Wage (1 Adult)
$70,493
per year
Living Wage (Family of 4)
$166,620
per year
Cost Index by Category
Housing209.3
Food124.0
Transportation137.5
Healthcare119.2
Utilities136.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,648
per month
2 Bedroom
$1,931
per month
The overall cost of living index in Princeton is 160.2, which is 60.2% above the national average. Housing costs are above the national average at an index of 209.3. A single adult needs to earn approximately $70,493 per year to cover basic expenses.