Cost of Living in Princeton, WV

Get 300+ Local Insights for Any Address in Princeton, WV

Get Access to 300+ Local Data Points
A+
10%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
40%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Princeton West Virginia National
Cost of living9085100
Groceries10397100
Health care10494100
Housing6062100
Transportation10295100
Utilities10494100
Lifestyle & Entertainment10094100
Household Items10395100
Education & Childcare10391100
Does this Area Fit Your Budget? Local Insights Report
  • Know the community before you call it home
  • Compare multiple areas side by side
  • Access over 300 data points for any address
Local Insights Report

Homes For Sale In Princeton, WV

property for sale

161 Pine Tree Ln

Princeton, WV
property for sale

144 Oakland Dr

Princeton, WV
property for sale

363 Shoroute St

Princeton, WV
property for sale

181 Modern Ln

Princeton, WV
See the Newest Homes For Sale In Princeton, WV

Cost Of Living Quick Facts

  • The cost of living in Princeton is 6% higher than the West Virginia average
  • The cost of living in Princeton is 10% lower than the national average
  • Princeton housing is 40% lower than the national average
  • West Virginia general sales tax is 18% higher than the national average
  • West Virginia state income tax is 16% higher than the national average

Most Affordable Places to Live in and Around Princeton

See all the best places to live around Princeton

Compare Princeton, WV Cost of Living

City Image
    City Default Image
      vs
      How would you rate the cost of living in Princeton?
      Write a review to give others more information about this area.
      Is the cost of living increasing or decreasing in Princeton?
      Write a review to give others more information about this area.
      See all Princeton poll results

      The best places in West Virginia

      Here are the best places to live in West VirginiaSee the best places to live in PrincetonSafest Cities In The USThese are the largest cities in West Virginia
      Best Places in West Virginia

      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$73,642$6,137$1,718$2,209
      Renters$49,542$4,129$1,156$1,486
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Princeton, WV, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Princeton, homeowners have a median income of $73,642. Using that number, a maximum of $1,718 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $49,542, which means there is a maximum of $1,156 to be spent on the costs of renting a home or apartment.

      West Virginia Sales Tax

      State General Sales Tax With Max Surtax
      West Virginia 6% 7%

      West Virginia Income Tax

      State Income Tax (Low) Income Tax (High)
      West Virginia 3% 6.5%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Covel, WV261032.8%
      Maybeury, WV741032.8%
      Corinne, WV103964.4%
      Montcalm, WV6057722.5%
      Bramwell, WV3218019.6%
      Princeton, WV5,8619010.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Harvest, AL5,861981.7%
      Lewisburg, PA5,8611000.2%
      West Side Highway, WA5,8601055.1%
      Fort Rucker, AL5,8621032.8%
      Gardiner, ME5,863972.9%
      Princeton, WV5,8619010.1%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
      General
      For Professionals
      Follow Us
      AV on Twitter AV on Facebook
      © AreaVibes Inc. 2010-2026