Cost of Living in Preston, ID
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.3
100 = national avg
-4.7 vs national average
Living Wage (1 Adult)
$41,910
per year
Living Wage (Family of 4)
$99,060
per year
Cost Index by Category
Housing105.2
Food92.5
Transportation85.0
Healthcare94.0
Utilities96.5
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$946
per month
2 Bedroom
$1,241
per month
The overall cost of living index in Preston is 95.3, which is 4.7% below the national average. Housing costs are above the national average at an index of 105.2. A single adult needs to earn approximately $41,910 per year to cover basic expenses.