According to the most recent data on the cost of living, Preston has an overall cost of living index of 90 which is 0.9x lower than the national index of 100.
Compared to only Idaho, Preston has a cost of living index that's 1.0x lower than Idaho's index of 94.
The standard of living in Preston ranks as #1,706 most affordable out of the 6,522 places we measured in Idaho. By definition, that implies Preston ranks as the #4,700 most expensive place in the Gem State.
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Housing swings affordability the most between places in Idaho, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.