Princeton, Idaho Cost Of Living

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C-

Overall 1%

Goods & Services 2%

Housing 0%

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Princeton	Idaho	National
Cost of living	101	94	100
Goods & Services	98	99	100
Groceries	99	93	100
Health care	115	96	100
Housing	n/a	88	100
Transportation	107	108	100
Utilities	99	82	100

Key findings

The cost of living in Princeton is 7% higher than the Idaho average
The cost of living in Princeton is 1% higher than the national average
Princeton housing is equal to the national average
Idaho general sales tax is 18% higher than the national average
Idaho state income tax is 54% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$0	$0	$0	$0
Renters	$0	$0	$0	$0

Idaho Sales Tax

State	General Sales Tax	With Max Surtax
Idaho	6%	8.5%

Idaho Income Tax

State	Income Tax (Low)	Income Tax (High)
Idaho	1.125%	6.925%

Goods & Services

Item	Princeton	National avg.	Difference
Haircut	$18.50	$17.49	5.8%
Beauty Salon	$32.17	$38.17	15.7%
Toothpaste	$2.42	$2.32	4.3%
Shampoo	$1.03	$1.01	1.8%
Movie	$13.74	$10.72	28.1%
Bowling	$16.25	$13.86	17.2%

Groceries

Item	Princeton	National avg.	Difference
Ground Beef	$3.47	$3.90	11.0%
Fried Chicken	$1.41	$1.40	1.0%
Milk	$1.57	$1.96	20.0%
Potatoes	$2.81	$3.18	11.7%
Pizza	$9.99	$10.39	3.9%
Beer	$9.46	$9.23	2.5%

Health Care

Item	Princeton	National avg.	Difference
Optometrist	$129.67	$106.34	21.9%
Doctor	$150.75	$115.25	30.8%
Dentist	$108.00	$98.38	9.8%
Ibuprofen	$10.16	$9.26	9.7%
Lipitor	$485.00	$466.47	4.0%

Housing

Item	Princeton	National avg.	Difference
Home Price	$0.00	$184,700.00	100.0%
Avg. Mortgage Payment	$1,421.30	$1,273.32	11.6%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Princeton	National avg.	Difference
Gasoline	$2.81	$2.59	8.3%
Tire Balancing	$52.25	$48.90	6.9%

Utilities

Item	Princeton	National avg.	Difference
All Electricity	$156.86	$167.60	6.4%
Phone	$190.17	$163.42	16.4%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, State	Population	Cost of Living Index	National Avg.
Farmington, WA	105	89	-11%
Potlatch, ID	835	90	-10%
Garfield, WA	499	91	-9%
Deary, ID	393	91	-9%
Palouse, WA	1,048	93	-7%
Princeton, ID	76	101	1%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Ayr, NE	76	76	-24%
Red Dog Mine, AK	76	132	32%
Seven Springs, NC	76	83	-17%
Cañones, NM	76	92	-8%
Silver Lake, OR	76	107	7%
Princeton, ID	76	101	1%

Source: The Princeton, ID cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.

Princeton, ID Cost of Living

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