Princeton, KY, has a cost of living index that is notably lower than the nationwide average. The overall cost of living index for Princeton stands at 89, which is 11% below the national average of 100. This lower cost of living makes Princeton an attractive option for job seekers looking to balance expenses with quality of life.
Specifically, housing costs are 20% below the national average, with an index of 80. Groceries and utilities also remain slightly below the national average, at 95 and 90, respectively. Transportation costs are 15% lower, while healthcare costs match the national average. Miscellaneous expenses are 8% lower, with an index of 92. This comprehensive data suggests that Princeton offers a more affordable lifestyle in several key areas.
The cost of living in Princeton, KY, presents a mix of affordability and moderate expenses compared to the nationwide average. The housing index stands at 80, which is 20% lower than the national average. This suggests that housing costs in Princeton are significantly more affordable, making it an attractive option for those looking to save on their living expenses. Additionally, groceries in Princeton are priced at 95, which is 5% lower than the national average, offering some savings for residents.
Utilities in Princeton are priced at 90, which is 10% below the national average. This indicates that residents can expect to pay less for essential services such as electricity, gas, and water. Transportation costs are also relatively lower, with an index of 85, meaning they are 15% less than the national average. Healthcare costs in Princeton match the national average at 100, ensuring that residents have access to similar healthcare services without additional costs. The miscellaneous category, which includes items like clothing and entertainment, is at 92, which is 8% lower than the average. Overall, Princeton offers a cost of living that is notably lower in several key areas compared to the national average.
