Residential comparison · 13 facts
Key West, FL vs Princeton, FL
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Key West needs about $74,500 in Princeton to keep the same lifestyle.
Coming from Princeton, $85,000 of lifestyle costs about $95,500 in Key West.
A few differences
- Key West is higher on median household income ($87,037 vs $83,426).
- Princeton is lower on cost of living index (106 vs 142).
- Princeton is lower on 2-bedroom rent ($1,586/mo vs $2,445/mo).
Key West vs Princeton · facet by facet
| Facet | Key West, FL | Princeton, FL |
|---|---|---|
| Median home price | $852,400 | $426,900 |
| 2-bedroom rent | $2,445/mo | $1,586/mo |
| Property tax rate | 0.8% | 0.8% |
| State & local income tax | 0% | 0% |
| Sales tax | 7% | 7% |
| Cost of living index | 142 | 106 |
| Groceries index | 103 | 103 |
| Utilities | $180/mo | $180/mo |
| Median household income | $87,037 | $83,426 |
| Unemployment rate | 3.3% | 3.3% |
| Crime index | 45/100 | 45/100 |
| School rating | 5.8/10 | 5.8/10 |
| Sunny days / year | 240 days | 240 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Key West, FL · Princeton, FL
Questions & answers
- Is Key West cheaper than Princeton?
- Princeton has the lower day-to-day cost index (106 vs 142 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Princeton equals $85,000 in Key West?
- A household earning $85,000 in Key West needs about $74,500 in Princeton to keep the same lifestyle; coming the other way, $85,000 of Princeton lifestyle costs about $95,500 in Key West.