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Princeton, KY vs Shively, KY

61
Princeton
Kentucky
VS
-12.2%
70
Shively
Kentucky

Princeton is moderately more affordable than Shively, with a 12.2% lower cost of living index. Princeton scores 61 compared to 70 for Shively, where the US average is 100. This difference means residents of Shively 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 $847/month in Shively — a 15% difference. Home values follow the same pattern: Princeton is more affordable at $89,700 median vs $139,200.

Median household income in Princeton is $51,875 compared to $46,522 in Shively (+11.5%). 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 Princeton spend roughly 16.6% of their income on rent, less than the 21.8% in Shively.

Income & Cost

Cost of Living Index
Princeton
61
12% cheaper
Shively
70
Median Household Income
Princeton
$51,875
10% higher
Shively
$46,522

Housing

Median Rent
Princeton
$719
15% cheaper
Shively
$847
Median Home Value
Princeton
$89,700
36% cheaper
Shively
$139,200
Population
Princeton
6,242
Shively
15,556

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Princeton $2.89
Shively $2.89
US $3.07
🥚
Eggs (grade A, large)
Princeton $2.36
Shively $2.36
US $2.50
🥛
Milk (whole)
Princeton $3.80
Shively $3.80
US $4.03
🍞
Bread (white)
Princeton $1.75
Shively $1.75
US $1.85
🍗
Chicken breast
Princeton $3.91
Shively $3.91
US $4.14
Electricity
Princeton $0.15
Shively $0.15
US $0.19