Matthews, MO vs Princeton, MO

There is a significant gap in the cost of living between these two cities. Princeton is 17.4% cheaper than Matthews. With a cost index of 53 vs 63, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Princeton to Matthews should plan for substantially higher expenses across most categories.

On the housing front, median rent in Matthews is $731/month compared to $514/month in Princeton — a 42% difference. Home values follow the same pattern: Princeton is more affordable at $69,200 median vs $101,800.

Median household income in Matthews is $44,013 compared to $55,066 in Princeton (-20.1%). Princeton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Matthews spend roughly 19.9% of their income on rent, more than the 11.2% in Princeton.