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Loves Park, IL vs Princeton, IL

77
Loves Park
Illinois
VS
+15.1%
67
Princeton
Illinois

There is a significant gap in the cost of living between these two cities. Princeton is 15.1% cheaper than Loves Park. With a cost index of 67 vs 77, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Princeton to Loves Park should plan for substantially higher expenses across most categories.

On the housing front, median rent in Loves Park is $1,102/month compared to $739/month in Princeton — a 49% difference. Home values follow the same pattern: Princeton is more affordable at $131,300 median vs $144,900.

Median household income in Loves Park is $58,633 compared to $57,682 in Princeton (+1.6%). Loves Park 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 Loves Park spend roughly 22.6% of their income on rent, more than the 15.4% in Princeton.

Climate-wise, both cities share similar average temperatures (49.4°F vs 47.8°F). Princeton receives more rainfall at 37.4" per year compared to 37.2" in Loves Park.

Income & Cost

Cost of Living Index
Loves Park
77
Princeton
67
13% cheaper
Median Household Income
Loves Park
$58,633
2% higher
Princeton
$57,682

Housing

Median Rent
Loves Park
$1,102
Princeton
$739
33% cheaper
Median Home Value
Loves Park
$144,900
Princeton
$131,300
9% cheaper
Population
Loves Park
23,185
Princeton
7,829

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Loves Park $2.85
Princeton
US $3.07
🥚
Eggs (grade A, large)
Loves Park $2.33
Princeton
US $2.50
🥛
Milk (whole)
Loves Park $3.75
Princeton
US $4.03
🍞
Bread (white)
Loves Park $1.72
Princeton
US $1.85
🍗
Chicken breast
Loves Park $3.86
Princeton
US $4.14
Electricity
Loves Park $0.16
Princeton
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Loves Park 49.4°F
Princeton 47.8°F
Summer High
Loves Park 84°F
Princeton 82°F
Winter Low
Loves Park 15°F
Princeton 13°F
Rainfall
Loves Park 37.2"
Princeton 37.4"
Rainy Days
Loves Park 121d
Princeton 131d