salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are short, about 17.4 minutes.
How much money do I need?
To rent here comfortably, you should earn about $30,320 a year. That is $15 an hour at a full-time job.
Is rent cheaper than other West Virginia cities?
Yes. Rent here is cheaper than in most of West Virginia. It is number 3 of 31 cities from cheapest to most expensive.
How much do households earn in Princeton?
Share of households by yearly income. 11.0% of households earn $100,000 or more.
Rent by apartment size in Princeton
| Size | Princeton | U.S. average |
|---|---|---|
| 1 bedroom | $646 | $1,324 |
| 2 bedrooms | $765 | $1,509 |
| 3 bedrooms | $1,241 | $1,698 |
| 4 bedrooms | $1,921 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Princeton overall?
Everyday prices in West Virginia overall are 11% below the U.S. average (index 89.5, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Princeton, so the West Virginia figure is shown.
Taxes and bills in Princeton
Life in Princeton
Is it cheaper to rent or buy in Princeton?
Renting is cheaper right now: about $77 a month less.
Owning assumes a typical $120,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $12,030 for the down payment.
Frequently asked questions
What is the average rent in Princeton, WV?
Renting in Princeton costs a median of about $758 a month in 2026, including utilities. The West Virginia median is $1,007.
How much do I need to make to live in Princeton?
To keep rent under 30% of income, you need about $30,320 a year, or $15 an hour at a full-time job.
Is Princeton cheap or expensive?
Princeton is rated Cheap: rent takes 19.2% of the typical household income of $47,346. It ranks 3rd cheapest of 31 West Virginia cities we track.
How much are property taxes in Princeton?
The median homeowner in Princeton pays $742 a year in property taxes, about 0.62% of the median home value.
Is Princeton more expensive than the national average?
Overall prices in West Virginia are 11% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Princeton?
The median home value in Princeton is $120,300, about 2.5 times the typical yearly household income.
5,736 people live in Princeton. Numbers are typical (middle) values.