Housing costs in Preston?
A typical home costs
$225,300, which is 33.4% less expensive than the national average of
$338,100 and 27.2% less expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Preston costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 49.4% cheaper than the state average of
$1,240.
Can I afford Preston?
To live comfortably in Preston, Minnesota, a minimum annual income of
$43,200 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Preston?
Preston, MN is an affordable place to live, with the cost of living coming in below the national average. Housing costs are generally very reasonable, especially for rural areas, and transportation costs are also quite low. Food and groceries can also be relatively inexpensive, though prices may vary depending on where you shop. The city has several options for entertainment and recreation that don't have to break the bank. Preston is a great place to call home if you're looking for a place that won't break your budget.