Princeton, KY vs St. Matthews, KY

The cost of living difference between Princeton, KY and St. Matthews, KY is dramatic. Princeton is 37.1% cheaper than St. Matthews, a gap that translates to thousands of dollars per year in household expenses. Princeton has a cost index of 61 while St. Matthews sits at 97, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Princeton is $719/month compared to $1,253/month in St. Matthews — a 43% difference. Home values follow the same pattern: Princeton is more affordable at $89,700 median vs $325,700.

Median household income in Princeton is $51,875 compared to $80,716 in St. Matthews (-35.7%). The higher salaries in St. Matthews partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Princeton spend roughly 16.6% of their income on rent, less than the 18.6% in St. Matthews.