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Princeton, NJ vs Trenton, NJ

195
Princeton
New Jersey
VS
+135.4%
83
Trenton
New Jersey

The cost of living difference between Princeton, NJ and Trenton, NJ is dramatic. Trenton is 135.4% cheaper than Princeton, a gap that translates to thousands of dollars per year in household expenses. Princeton has a cost index of 195 while Trenton sits at 83, 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 $2,448/month compared to $1,224/month in Trenton — a 100% difference. Home values follow the same pattern: Trenton is more affordable at $122,500 median vs $1,040,400.

Median household income in Princeton is $184,113 compared to $47,102 in Trenton (+290.9%). 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 31.2% in Trenton. The Princeton ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Princeton
195
Trenton
83
58% cheaper
Median Household Income
Princeton
$184,113
74% higher
Trenton
$47,102

Housing

Median Rent
Princeton
$2,448
Trenton
$1,224
50% cheaper
Median Home Value
Princeton
$1,040,400
Trenton
$122,500
88% cheaper
Population
Princeton
30,451
Trenton
89,966

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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