Princeton, KY vs Raceland, KY

Princeton is moderately more affordable than Raceland, with a 5.8% lower cost of living index. Princeton scores 61 compared to 65 for Raceland, where the US average is 100. This difference means residents of Raceland can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Princeton is $719/month compared to $809/month in Raceland — a 11% difference. Home values follow the same pattern: Princeton is more affordable at $89,700 median vs $117,800.

Median household income in Princeton is $51,875 compared to $61,923 in Raceland (-16.2%). While Raceland is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Princeton spend roughly 16.6% of their income on rent, more than the 15.7% in Raceland.