Highlands, TX vs Princeton, TX
There is a significant gap in the cost of living between these two cities. Highlands is 25.7% cheaper than Princeton. With a cost index of 92 vs 124, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Highlands to Princeton should plan for substantially higher expenses across most categories.
On the housing front, median rent in Highlands is $1,364/month compared to $2,059/month in Princeton — a 34% difference. Home values follow the same pattern: Highlands is more affordable at $191,400 median vs $310,700.
Median household income in Highlands is $54,524 compared to $96,766 in Princeton (-43.7%). 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 Highlands spend roughly 30% of their income on rent, more than the 25.5% in Princeton.
Climate-wise, Highlands is notably warmer with an average of 71.1°F compared to 65°F in Princeton. Highlands receives more rainfall at 55.6" per year compared to 38.3" in Princeton.
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Climate
NOAA 30-year normals (1991-2020)