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

Indices DifferenceInfo
Cost of Living in Princeton, NJ is 23.4% 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 39.0% lower than in New York, NY
Restaurant Prices in Princeton, NJ are 35.7% lower than in New York, NY
Groceries Prices in Princeton, NJ are 24.8% lower than in New York, NY
Local Purchasing Power in Princeton, NJ is 40.0% 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 $ 17.00 $      -43.3 %
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) 10.50 $ 8.00 $      -23.8 %
Cappuccino (regular) 5.64 $ 4.72 $      -16.4 %
Coke/Pepsi (12 oz small bottle) 3.07 $ 2.47 $      -19.5 %
Water (12 oz small bottle) 2.30 $ 2.58 $      +12.3 %
Markets
New York, NY Edit Princeton, NJ Edit
Milk (regular), (1 gallon) 5.57 $ 4.13 $      -25.8 %
Loaf of Fresh White Bread (1 lb) 4.33 $ 2.66 $      -38.6 %
Rice (white), (1 lb) 3.33 $ 3.33 $      +0.0 %
Eggs (regular) (12) 5.25 $ 3.72 $      -29.1 %
Local Cheese (1 lb) 7.46 $ 7.00 $      -6.2 %
Chicken Fillets (1 lb) 6.81 $ 3.90 $      -42.8 %
Beef Round (1 lb) (or Equivalent Back Leg Red Meat) 8.69 $ 6.10 $      -29.9 %
Apples (1 lb) 3.14 $ 2.32 $      -26.0 %
Banana (1 lb) 0.96 $ 0.94 $      -1.9 %
Oranges (1 lb) 2.59 $ 2.88 $      +10.8 %
Tomato (1 lb) 2.93 $ 2.95 $      +0.8 %
Potato (1 lb) 1.81 $ 0.49 $      -73.1 %
Onion (1 lb) 1.69 $ 1.16 $      -31.2 %
Lettuce (1 head) 2.95 $ 1.07 $      -63.7 %
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) 2.57 $ 1.73 $      -32.7 %
Imported Beer (12 oz small bottle) 3.81 $ 4.33 $      +13.9 %
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) 5.00 $ 1.80 $      -64.0 %
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) 3.86 $ 3.45 $      -10.7 %
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) 31,500.00 $ 25,300.00 $      -19.7 %
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) 27,469.93 $ 27,093.53 $      -1.4 %
Utilities (Monthly)
New York, NY Edit Princeton, NJ Edit
Basic (Electricity, Heating, Cooling, Water, Garbage) for 915 sq ft Apartment 179.85 $ 153.91 $      -14.4 %
Mobile Phone Monthly Plan with Calls and 10GB+ Data 65.41 $ 44.38 $      -32.2 %
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) 70.91 $ 48.80 $      -31.2 %
Sports And Leisure
New York, NY Edit Princeton, NJ Edit
Fitness Club, Monthly Fee for 1 Adult 143.41 $ 145.00 $      +1.1 %
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 3,096.67 $ 1,283.33 $      -58.6 %
International Primary School, Yearly for 1 Child 57,600.00 $ 34,200.00 $      -40.6 %
Clothing And Shoes
New York, NY Edit Princeton, NJ Edit
1 Pair of Jeans (Levis 501 Or Similar) 71.83 $ 60.00 $      -16.5 %
1 Summer Dress in a Chain Store (Zara, H&M, ...) 48.24 $ 45.00 $      -6.7 %
1 Pair of Nike Running Shoes (Mid-Range) 98.90 $ 83.75 $      -15.3 %
1 Pair of Men Leather Business Shoes 165.41 $ 220.00 $      +33.0 %
Rent Per Month
New York, NY Edit Princeton, NJ Edit
Apartment (1 bedroom) in City Centre 4,310.53 $ 2,766.67 $      -35.8 %
Apartment (1 bedroom) Outside of Centre 2,895.30 $ 1,900.00 $      -34.4 %
Apartment (3 bedrooms) in City Centre 8,548.27 $ 4,533.33 $      -47.0 %
Apartment (3 bedrooms) Outside of Centre 4,533.85 $ 3,175.00 $      -30.0 %
Buy Apartment Price
New York, NY Edit Princeton, NJ Edit
Price per Square Feet to Buy Apartment in City Centre 1,641.14 $ 639.99 $      -61.0 %
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) 5,959.65 $ 5,765.40 $      -3.3 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.72 6.56      -2.3 %
Last update: May 2024May 2024
Contributors in the past 12 months:49920