Cost of Living in Preston, IA

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A+
10%
Overall NAT. AVG.
3%
Groceries NAT. AVG.
24%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index Preston Iowa National
Cost of living9089100
Groceries9797100
Health care9796100
Housing7674100
Transportation9797100
Utilities9395100
Lifestyle & Entertainment9695100
Household Items9697100
Education & Childcare9794100
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Homes For Sale In Preston, IA

property for sale

32 S Stephens St

Preston, IA
property for sale

712 W Saint Josephs St

Preston, IA
property for sale

402 W South St

Preston, IA
property for sale

121 S Merrill St

Preston, IA
See the Newest Homes For Sale In Preston, IA

Cost Of Living Quick Facts

  • The cost of living in Preston is 1% higher than the Iowa average
  • The cost of living in Preston is 10% lower than the national average
  • Preston housing is 24% lower than the national average
  • Iowa general sales tax is 18% higher than the national average
  • Iowa state income tax is 69% higher than the national average

Most Affordable Places to Live in and Around Preston

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Compare Preston, IA Cost of Living

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      Salary Calculator

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      Price difference in compared to
      Cost of living index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Lifestyle index
      Household index
      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$108,845$9,070$2,540$3,266
      Renters$72,388$6,032$1,689$2,172

      Iowa Sales Tax

      State General Sales Tax With Max Surtax
      Iowa 6% 7%

      Iowa Income Tax

      State Income Tax (Low) Income Tax (High)
      Iowa 4.4% 6%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Savanna, IL3,0288019.8%
      Spragueville, IA1158118.7%
      Andover, IA1668218.2%
      Hanover, IL7378218.4%
      Springbrook, IA1338217.7%
      Preston, IA1,0459010.0%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Casa Blanca, AZ1,0458415.9%
      Hilltop, MN1,0458020.0%
      Grant City, MO1,0457723.1%
      San Pablo, NM1,0451033.1%
      Alleghenyville, PA1,04512222.1%
      Preston, IA1,0459010.0%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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