Hamilton Square, NJ vs Princeton, NJ

The cost of living difference between Hamilton Square, NJ and Princeton, NJ is dramatic. Hamilton Square is 37.6% cheaper than Princeton, a gap that translates to thousands of dollars per year in household expenses. Hamilton Square has a cost index of 122 while Princeton sits at 195, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Hamilton Square is $1,817/month compared to $2,448/month in Princeton — a 26% difference. Home values follow the same pattern: Hamilton Square is more affordable at $376,900 median vs $1,040,400.

Median household income in Hamilton Square is $135,694 compared to $184,113 in Princeton (-26.3%). The higher salaries in Princeton partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Hamilton Square spend roughly 16.1% of their income on rent, more than the 16% in Princeton.