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Garrison, IA vs Princeton, IA

62
Garrison
Iowa
VS
-20.8%
78
Princeton
Iowa

There is a significant gap in the cost of living between these two cities. Garrison is 20.8% cheaper than Princeton. With a cost index of 62 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Garrison to Princeton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Garrison is $830/month compared to $857/month in Princeton — a 3% difference. Home values follow the same pattern: Garrison is more affordable at $65,000 median vs $257,000.

Median household income in Garrison is $57,083 compared to $80,714 in Princeton (-29.3%). While Princeton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Garrison spend roughly 17.4% of their income on rent, more than the 12.7% in Princeton.

Income & Cost

Cost of Living Index
Garrison
62
21% cheaper
Princeton
78
Median Household Income
Garrison
$57,083
Princeton
$80,714
29% higher

Housing

Median Rent
Garrison
$830
3% cheaper
Princeton
$857
Median Home Value
Garrison
$65,000
75% cheaper
Princeton
$257,000
Population
Garrison
292
Princeton
875

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Garrison $2.96
Princeton $2.95
US $3.07
🥚
Eggs (grade A, large)
Garrison $2.42
Princeton $2.41
US $2.50
🥛
Milk (whole)
Garrison $3.89
Princeton $3.88
US $4.03
🍞
Bread (white)
Garrison $1.79
Princeton $1.78
US $1.85
🍗
Chicken breast
Garrison $4.00
Princeton $3.99
US $4.14
Electricity
Garrison $0.17
Princeton $0.18
US $0.19