Princeton, TX, has a cost of living index that is slightly below the nationwide average. The overall index stands at 95, which is 5% lower than the national average of 100. Housing costs in Princeton are 10% lower, while utilities are 5% higher than the average. Groceries, transportation, healthcare, and miscellaneous expenses are all close to the national average, making Princeton a relatively affordable place to live.
The cost of living in Princeton, TX, presents a mix of affordability and slight increases in certain areas when compared to the nationwide average. The housing index in Princeton stands at 90, which is 10% lower than the national average. This suggests that housing costs in Princeton are more affordable, making it an attractive option for those looking to save on their living expenses. Groceries in Princeton have an index of 95, which is only 5% lower than the national average, indicating that food costs remain quite comparable to other areas.
Utilities in Princeton, however, show a slight increase with an index of 105, which is 5% higher than the national average. This means that residents may spend a bit more on utilities compared to the nationwide average. Transportation costs in Princeton are at 98, which is 2% lower than the national average, offering a small advantage in this category. Healthcare costs in Princeton have an index of 97, which is 3% lower than the national average, providing a slight benefit for those concerned with medical expenses. Lastly, miscellaneous costs in Princeton have an index of 93, which is 7% lower than the national average, adding to the overall affordability of living in Princeton.
