Cost of Living in Princeton, LA
Housing
The housing market plays a significant role in determining the cost of living in Princeton, LA.
- Housing Index: 96.3 / 100
- Median Home Price is: $157,000
- Average Rent (2 BR Apartment): $1358 per month
- Average Rent (2 BR House): $1476 per month
Considering a move to Princeton, LA? With a median home price of just 157000, it's an enticing location for potential homeowners. However, be cautious as the housing index reflects a concerning 96.3—indicating limited market stability, which can impact investment values. Additionally, rental options seem low, with an average rent for a 2BR apartment and house both at 1358 and 1476 respectively. We recommend conducting thorough research on local economic trends and community amenities to ensure a well-informed decision before relocating.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Princeton, LA.
- Electricity Price: $11.42 USD (median by state)
- Natural Gas Price: $19.48 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $231 per month
Living in Princeton, LA could entail higher utility costs. Electricity costs sit at $11.42, while natural gas is priced at $19.48 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $231 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Princeton is a financially viable option for your relocation.