Cost of Living in Princeton, NJ
Overall index: 228 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 299 | +199% | $1,714 |
| Transportation | 102 | +2% | $3.50 |
| Food | 247 | +147% | $1,013 |
| Utilities | 200 | +100% | $538 |
| Healthcare | 200 | +100% | $389 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Princeton?
A single adult living comfortably in Princeton, NJ needs approximately $79,800 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Princeton, NJ?
The overall cost of living in Princeton, NJ is 128% higher than the US national average (index: 228 where 100 = national average).
How much is rent in Princeton, NJ?
Average rent for a 1-bedroom apartment in Princeton, NJ is about $1,714/month.
Is Princeton, NJ expensive to live in?
Yes, Princeton, NJ is considered expensive (index above national average).
What salary do I need to live in Princeton, NJ?
A single adult needs roughly $79,800/year to cover basic living costs in Princeton, NJ.