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Metuchen, NJ vs Princeton, NJ

147
Metuchen
New Jersey
VS
-24.8%
195
Princeton
New Jersey

There is a significant gap in the cost of living between these two cities. Metuchen is 24.8% cheaper than Princeton. With a cost index of 147 vs 195, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Metuchen to Princeton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Metuchen is $2,019/month compared to $2,448/month in Princeton — a 18% difference. Home values follow the same pattern: Metuchen is more affordable at $565,400 median vs $1,040,400.

Median household income in Metuchen is $157,779 compared to $184,113 in Princeton (-14.3%). The higher salaries in Princeton partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Metuchen spend roughly 15.4% of their income on rent, less than the 16% in Princeton.

Income & Cost

Cost of Living Index
Metuchen
147
25% cheaper
Princeton
195
Median Household Income
Metuchen
$157,779
Princeton
$184,113
14% higher

Housing

Median Rent
Metuchen
$2,019
18% cheaper
Princeton
$2,448
Median Home Value
Metuchen
$565,400
46% cheaper
Princeton
$1,040,400
Population
Metuchen
14,982
Princeton
30,451

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Metuchen $3.32
Princeton $3.00
US $3.07
🥚
Eggs (grade A, large)
Metuchen $2.71
Princeton $2.44
US $2.50
🥛
Milk (whole)
Metuchen $4.36
Princeton $3.94
US $4.03
🍞
Bread (white)
Metuchen $2.00
Princeton $1.81
US $1.85
🍗
Chicken breast
Metuchen $4.49
Princeton $4.05
US $4.14
Electricity
Metuchen $0.24
Princeton $0.21
US $0.19