Housing costs in Preston?
A typical home costs
$364,300, which is 7.7% more expensive than the national average of
$338,100 and 18.1% less expensive than the average Idaho home, at
$445,000. Renting a two-bedroom unit in Preston costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 33.3% cheaper than the state average of
$1,120.
Can I afford Preston?
To live comfortably in Preston, Idaho, a minimum annual income of
$69,840 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Preston?
The cost of living in Preston, ID is quite affordable. According to the Council for Community and Economic Research Cost of Living Index, the overall cost of living in Preston is nearly 13% below the US average. With a median home price of $141,400, monthly housing costs are more than 40% lower than the national average. Additionally, goods and services, groceries, and health care are all notably cheaper than other parts of the country. All in all, Preston offers an excellent quality of life without breaking the bank.