Cost of Living Comparison Between New York, NY and Princeton, NJ 

Indices DifferenceInfo
Cost of Living in Princeton, NJ is 23.3% lower than in New York, NY (without rent)
Cost of Living Including Rent in Princeton, NJ is 30.9% lower than in New York, NY
Rent Prices in Princeton, NJ are 39.1% lower than in New York, NY
Restaurant Prices in Princeton, NJ are 35.2% lower than in New York, NY
Groceries Prices in Princeton, NJ are 25.1% lower than in New York, NY
Local Purchasing Power in Princeton, NJ is 45.9% higher than in New York, NY
Currency: Sticky Currency      Switch to metric measurement units
Restaurants
New York, NY Edit Princeton, NJ Edit Difference
Meal, Inexpensive Restaurant 30.00 $ 17.50 $      -41.7 %
Meal for 2 People, Mid-range Restaurant, Three-course 130.00 $ 70.00 $      -46.2 %
McMeal at McDonalds (or Equivalent Combo Meal) 12.00 $ 16.00 $      +33.3 %
Domestic Beer (1 pint draught) 8.00 $ 5.50 $      -31.2 %
Imported Beer (12 oz small bottle) 11.00 $ 8.00 $      -27.3 %
Cappuccino (regular) 5.70 $ 4.72 $      -17.3 %
Coke/Pepsi (12 oz small bottle) 3.06 $ 2.54 $      -17.1 %
Water (12 oz small bottle) 2.29 $ 2.58 $      +12.9 %
Markets
New York, NY Edit Princeton, NJ Edit
Milk (regular), (1 gallon) 5.54 $ 4.13 $      -25.4 %
Loaf of Fresh White Bread (1 lb) 4.46 $ 2.66 $      -40.3 %
Rice (white), (1 lb) 3.33 $ 3.33 $      +0.0 %
Eggs (regular) (12) 5.20 $ 3.72 $      -28.4 %
Local Cheese (1 lb) 7.46 $ 7.00 $      -6.2 %
Chicken Fillets (1 lb) 6.65 $ 3.90 $      -41.4 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.49 $ 6.10 $      -28.2 %
Apples (1 lb) 3.25 $ 2.32 $      -28.7 %
Banana (1 lb) 0.95 $ 0.94 $      -0.4 %
Oranges (1 lb) 2.70 $ 2.88 $      +6.7 %
Tomato (1 lb) 3.03 $ 2.95 $      -2.6 %
Potato (1 lb) 1.72 $ 0.49 $      -71.7 %
Onion (1 lb) 1.69 $ 1.16 $      -31.2 %
Lettuce (1 head) 3.19 $ 1.07 $      -66.4 %
Water (1.5 liter bottle) 2.47 $ 2.80 $      +13.0 %
Bottle of Wine (Mid-Range) 20.00 $ 13.50 $      -32.5 %
Domestic Beer (0.5 liter bottle) 2.77 $ 1.73 $      -37.5 %
Imported Beer (12 oz small bottle) 3.76 $ 4.33 $      +15.1 %
Cigarettes 20 Pack (Marlboro) 17.00 $ 9.50 $      -44.1 %
Transportation
New York, NY Edit Princeton, NJ Edit
One-way Ticket (Local Transport) 2.90 $ 1.60 $      -44.8 %
Monthly Pass (Regular Price) 132.00 $ 199.00 $      +50.8 %
Taxi Start (Normal Tariff) 4.92 $ 1.80 $      -63.5 %
Taxi 1 mile (Normal Tariff) 3.50 $ 2.20 $      -37.1 %
Taxi 1hour Waiting (Normal Tariff) 34.00 $ 24.00 $      -29.4 %
Gasoline (1 gallon) 3.80 $ 3.45 $      -9.3 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 35,000.00 $ 25,300.00 $      -27.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 28,263.92 $ 27,093.53 $      -4.1 %
Utilities (Monthly)
New York, NY Edit Princeton, NJ Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 170.23 $ 149.48 $      -12.2 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 64.23 $ 44.38 $      -30.9 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 69.41 $ 48.80 $      -29.7 %
Sports And Leisure
New York, NY Edit Princeton, NJ Edit
Fitness Club, Monthly Fee for 1 Adult 138.80 $ 145.00 $      +4.5 %
Tennis Court Rent (1 Hour on Weekend) 77.86 $ 35.00 $      -55.0 %
Cinema, International Release, 1 Seat 20.00 $ 15.00 $      -25.0 %
Childcare
New York, NY Edit Princeton, NJ Edit
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child 3,168.00 $ 1,283.33 $      -59.5 %
International Primary School, Yearly for 1 Child 58,000.00 $ 34,200.00 $      -41.0 %
Clothing And Shoes
New York, NY Edit Princeton, NJ Edit
1 Pair of Jeans (Levis 501 Or Similar) 71.54 $ 60.00 $      -16.1 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 48.24 $ 45.00 $      -6.7 %
1 Pair of Nike Running Shoes (Mid-Range) 101.45 $ 83.75 $      -17.4 %
1 Pair of Men Leather Business Shoes 162.57 $ 220.00 $      +35.3 %
Rent Per Month
New York, NY Edit Princeton, NJ Edit
Apartment (1 bedroom) in City Centre 4,328.21 $ 2,766.67 $      -36.1 %
Apartment (1 bedroom) Outside of Centre 2,903.63 $ 1,900.00 $      -34.6 %
Apartment (3 bedrooms) in City Centre 8,565.00 $ 4,533.33 $      -47.1 %
Apartment (3 bedrooms) Outside of Centre 4,515.20 $ 3,175.00 $      -29.7 %
Buy Apartment Price
New York, NY Edit Princeton, NJ Edit
Price per Square Feet to Buy Apartment in City Centre 1,569.57 $ 639.99 $      -59.2 %
Price per Square Feet to Buy Apartment Outside of Centre 1,142.75 $ 345.00 $      -69.8 %
Salaries And Financing
New York, NY Edit Princeton, NJ Edit
Average Monthly Net Salary (After Tax) 5,718.11 $ 5,765.40 $      +0.8 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.72 6.56      -2.3 %
Last update: June 2024June 2024
Contributors in the past 12 months:47820