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Berea, KY vs Princeton, KY

71
Berea
Kentucky
VS
+16.2%
61
Princeton
Kentucky

There is a significant gap in the cost of living between these two cities. Princeton is 16.2% cheaper than Berea. With a cost index of 61 vs 71, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Princeton to Berea should plan for substantially higher expenses across most categories.

On the housing front, median rent in Berea is $806/month compared to $719/month in Princeton — a 12% difference. Home values follow the same pattern: Princeton is more affordable at $89,700 median vs $178,000.

Median household income in Berea is $56,484 compared to $51,875 in Princeton (+8.9%). The higher salaries in Berea partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Berea spend roughly 17.1% of their income on rent, more than the 16.6% in Princeton.

Income & Cost

Cost of Living Index
Berea
71
Princeton
61
14% cheaper
Median Household Income
Berea
$56,484
8% higher
Princeton
$51,875

Housing

Median Rent
Berea
$806
Princeton
$719
11% cheaper
Median Home Value
Berea
$178,000
Princeton
$89,700
50% cheaper
Population
Berea
15,557
Princeton
6,242

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Berea
Princeton $2.89
US $3.07
🥚
Eggs (grade A, large)
Berea
Princeton $2.36
US $2.50
🥛
Milk (whole)
Berea
Princeton $3.80
US $4.03
🍞
Bread (white)
Berea
Princeton $1.75
US $1.85
🍗
Chicken breast
Berea
Princeton $3.91
US $4.14
Electricity
Berea
Princeton $0.15
US $0.19