Cost of living and prices in Princeton, prices of food, rent, shopping, etc. 🇺🇸
Updated Jul 2023

Discover the cost of living in Princeton, United States, located in Northern America. With a population of 29,603 people and coordinates at 40.35730 latitude and -74.66722 longitude, this city offers a unique lifestyle for its residents. Positioned at an elevation of 72 meters above sea level, Princeton is a beautiful place to call home.

The city operates on the America/New_York time zone, GMT: -5.0. If you plan on moving to Princeton, you can expect to pay a premium for housing costs, especially when compared to other US cities. However, the cost of living is balanced out by a low unemployment rate and a robust economy. Additionally, the city has various attractions, such as Princeton University, world-renowned restaurants, museums, and theaters. When it comes to the quality of life, Princeton ranks high and offers residents the best of everything: great education, opportunity, and an attractive environment that promotes healthy living.

Are you looking to relocate to Princeton, United States? It's essential to know the cost of living to make an informed decision. The cost of living can vary depending on the area, so be sure to use our resources to compare. Explore our cost of living page to understand more about Princeton.

Cost of Living Estimate in Princeton

Total cost of living in Princeton for two person with average consumption for one month will be 1223.78 USD, no rent price included. Click here to calculate cost-of-living estimate in Princeton

You can calculate cost of living in Princeton by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Princeton, located in the heart of New Jersey, houses a diverse range of international cuisine. From classic Italian dishes and sushi to vegetarian and vegan options, the town has something for everyone. With many restaurants offering outdoor seating, visitors can enjoy the lovely weather while indulging in their preferred food. Many restaurants also offer takeout and delivery options, which is an excellent choice for those wanting to explore the surrounding areas while enjoying flavorful meals on the go.

If you are a coffee lover, Princeton has several cafés located across the town that offers diverse beverage options ranging from classic lattes and cappuccinos to unique blends. The cafés also cater to various diets with options for vegan, vegetarian, and gluten-free food items. Additionally, many local farmers' markets, breweries, and wineries offer visitors an authentic taste of the local cuisine, including farm-to-table meals and locally brewed beers and wines. Overall, Princeton offers various food options to satisfy your palate from breakfast through dinner.

Meal in Inexpensive Restaurant
14.50 $
Meal for 2 People, Mid-range Restaurant, Three-course
70.00 $
McMeal at McDonalds or Alternative Combo Meal
8.50 $
3.62 $

Markets prices

Market prices in Princeton, United States are generally in line with the town's reputation for being affluent. The town is home to Princeton University, which adds to its prestige and drives prices up. However, despite the high cost of living, there are still options for those on a budget, such as affordable eateries and boutique shops. Overall, the market prices reflect the town's high standard of living and cater to a primarily wealthy demographic.

As with many places in the United States, market prices in Princeton can vary widely depending on the neighborhood. The town is divided into several distinct areas, each with its own unique character and amenities. Some neighborhoods are more upscale and expensive, while others are more modest and affordable. It's important to do your research before making any purchases or renting, as prices can fluctuate greatly within just a few blocks. That being said, the overall market prices in Princeton tend to be on the higher end, reflecting the town's status as a desirable and exclusive place to live.

Eggs, 12 pack
3.50 $
Lettuce, 1 head
1.50 $
Water, 1.5 liter Bottle
1.00 $
Bottle of Wine, Mid-Range Price
15.00 $
Domestic Beer, 0.5 liter Bottle
1.00 $
Pack of Cigarettes
9.00 $

Transportation prices

Princeton is a small town in New Jersey located about an hour away from both Philadelphia and New York City. Despite its size, it boasts a variety of transportation options for travelers to get around. One notable option is the Princeton Junction train station, which provides access to both Amtrak and New Jersey Transit lines. This makes it easy to travel to nearby cities like Philadelphia and New York without the hassle of driving and parking. Additionally, Princeton has a reliable bus system, which not only helps residents commute to work but also connects tourists to popular destinations such as the Princeton Battlefield and the Princeton University Art Museum.

For locals and tourists who want to explore Princeton itself, the town offers several other convenient transportation options. For example, there are numerous bike rental shops that encourage eco-friendly sightseeing. Visitors can also take advantage of the free public trolley, which runs on weekends and covers the main downtown area. Lastly, Princeton has a taxi service and ride-sharing companies that are available for those who prefer a private and comfortable ride. Overall, the various transportation options available in Princeton make it easy and convenient for all types of travelers to get around and explore everything the town and nearby cities have to offer.

One-way Ticket, Local Transport
1.65 $
Monthly Pass, Regular Price
150.00 $
Taxi Start, Normal Tariff
3.50 $
Taxi, price for 1 hour Waiting, Normal Tariff
30.00 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
15,000.00 $

Utilities Per Month prices

Princeton, United States is a charming town with a lot to offer, but it's important to keep in mind the cost of utilities while planning your travel budget. Generally, the cost of utilities varies depending on the size and type of accommodation you choose. Apartments and houses with multiple bedrooms tend to come with higher utility costs than smaller spaces like studios or one-bedroom apartments.

In general, you should expect to pay for monthly utilities like internet, gas, electricity, and water during your stay in Princeton. It's important to factor in these costs when budgeting your trip, but there are ways to save money. Many places offer bundled plans or discounts for long-term stays, so be sure to ask the property manager or landlord about any special deals they may have. Staying mindful of your energy usage by turning off lights and appliances when not in use can also help keep your utility costs down.

Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.50 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
93.00 $

Sports And Leisure prices

Princeton, NJ is a hub for sports and leisure activities. From hiking trails to pristine parks, the city boasts an abundance of outdoor activities. The Delaware and Raritan Canal State Park is a popular spot for hiking, biking, and fishing. With over 70 miles of trails, it is perfect for individuals looking to get some exercise. For those who love water activities, Lake Carnegie is a great destination to rent a kayak or canoe and paddle around the calm waters. The park surrounding the lake offers scenic picnic spots and walking trails.

Princeton is also home to many sports teams and facilities. The university's athletics program offers a wide range of sports including football, basketball, and soccer. The Princeton University Stadium is a top-notch facility with a capacity of over 27,000 seats, hosting some of the biggest games in the area. If you're more interested in tennis, the Princeton Tennis Program is a popular spot for enthusiasts. The program offers lessons and clinics for all skill levels and has indoor and outdoor courts. No matter what your interest in sports or leisure activities may be, Princeton has something for everyone.

Fitness Club, Monthly Fee for 1 Adult
61.00 $
Tennis Court Rent, 1 Hour on Weekend
15.00 $

Salaries And Financing prices

Salaries and financing in Princeton, United States are generally higher than the national average due to the city's thriving economy. With several esteemed universities and research institutions located in the area, many highly skilled professionals are drawn to Princeton. As a result, salaries for jobs in fields such as technology, finance, and education tend to be quite competitive. Visitors to Princeton may be surprised by the cost of living in the area, which is also higher than the national average. However, the city's wealth of job opportunities and high salaries can more than make up for it.

Financing opportunities for residents and visitors to Princeton are abundant. The city boasts several prestigious banking institutions, including JPMorgan Chase and Wells Fargo, among others. Additionally, there are many financial advisors and investment firms in the area, providing a variety of options for those looking to invest in their future. Additionally, several credit unions and local banks offer financing options for purchasing a home or other large expenses. Overall, Princeton's thriving economy and robust financial sector offer many exciting opportunities for those looking to improve their financial well-being during their time in the city.

Cinema ticket, 1 Seat
14.50 $
Average Monthly Net Salary, After Tax
3,888.89 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
4.26 %

Childcare prices

When it comes to childcare prices in Princeton, parents can expect to pay top dollar for quality care for their little ones. Schools and kindergartens in Princeton offer a range of programs and curriculums, each with its own price point. From traditional private schools to Montessori and Waldorf-style programs, there is something for every family in this bustling college town.

While prices may vary depending on the specific program or school, one thing is for sure: quality childcare comes at a premium in Princeton. Parents can expect to pay upwards of several thousand dollars per year, with some programs even requiring a waitlist and interview process before enrollment.

Private Preschool or Kindergarten, Monthly for 1 Child
1,577.83 $
International Primary School, Yearly for 1 Child
21,500.00 $

Clothing And Shoes prices

When it comes to clothing and shoes in Princeton, there are plenty of options to choose from. From high-end boutiques to more affordable chain stores, Princeton has it all. Whether you're looking for casual wear or formal attire, you're sure to find something that suits your tastes and budget.

If you're looking for high-end clothing and accessories, there are plenty of upscale boutiques in Princeton that offer designer labels and unique pieces. For more budget-friendly options, there are also chain stores that offer trendy clothing and shoes at reasonable prices. No matter where you choose to shop, you're guaranteed to find stylish pieces that will help you put together the perfect outfit for any occasion.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
48.33 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
27.00 $
Pair of Running Shoes, Mid-Range Price
66.25 $
Pair of Leather Business Shoes
80.00 $

Rent Per Month prices

Short-term rental options in Princeton, United States give you the flexibility to enjoy the city without having to commit to a long-term lease. From luxurious apartments to cozy rooms, there is a wide range of accommodation types available for you to choose from. Whether you're in town for business or leisure, a short-term rental offers you the chance to fully immerse in the city's culture without feeling like a tourist.

Prices of short-term rentals in Princeton, United States vary depending on the type of accommodation, the location, and the length of stay. However, compared to the cost of staying in a hotel or committing to a long-term lease, short-term rentals provide a cost-effective solution for those who are looking for a temporary stay. Additionally, short-term rentals offer added convenience with flexible check-in and check-out times, giving you more time to explore everything Princeton has to offer.

One bedroom apartment in city centre
1,405.00 $
One bedroom apartment outside of city centre
1,338.33 $
Three bedroom apartment in city centre
2,833.33 $
Three bedroom apartment outside of city centre
2,200.00 $