Cost of Living: Princeton, IL vs Morristown, IN
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Princeton | Morristown |
|---|---|---|
| Housing Index | 90.0 | Data is updating |
| Median Home Price | $100,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1080 | $Data is updating |
| Average Rent (2 BR House) | $1024 | $Data is updating |
Housing Comparison: Princeton vs Morristown
- The median home price in Morristown is higher at $150,000, compared to $100,000 in Princeton.
- The rent for a two-bedroom apartment is equal in both Princeton and Morristown at $1,080.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Princeton | Morristown |
|---|---|---|
| Electricity Price | $16.15 | $14.89 |
| Natural Gas Price | $16.59 | $Data is updating |
| Other Utilities | $200 | $Data is updating |
Utilities Comparison: Princeton vs Morristown
- Electricity costs are higher in Princeton at $16.15 per kWh, compared to $14.89 in Morristown.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Princeton and Morristown averaging $200.