Lebanon Junction, KY vs Princeton, KY

Princeton is moderately more affordable than Lebanon Junction, with a 11% lower cost of living index. Lebanon Junction scores 68 compared to 61 for Princeton, where the US average is 100. This difference means residents of Lebanon Junction can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lebanon Junction is $801/month compared to $719/month in Princeton — a 11% difference. Home values follow the same pattern: Princeton is more affordable at $89,700 median vs $134,700.

Median household income in Lebanon Junction is $52,000 compared to $51,875 in Princeton (+0.2%). Lebanon Junction does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Lebanon Junction spend roughly 18.5% of their income on rent, more than the 16.6% in Princeton.