Princeton, NJ vs The Hills, NJ

There is a significant gap in the cost of living between these two cities. The Hills is 26.8% cheaper than Princeton. With a cost index of 154 vs 195, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from The Hills to Princeton should plan for substantially higher expenses across most categories.

On the housing front, median rent in Princeton is $2,448/month compared to $2,240/month in The Hills — a 9% difference. Home values follow the same pattern: The Hills is more affordable at $570,100 median vs $1,040,400.

Median household income in Princeton is $184,113 compared to $142,750 in The Hills (+29%). While Princeton 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% of their income on rent, less than the 18.8% in The Hills.