Cost of Living in Preston, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
116.1
100 = national avg
+16.1 vs national average
Living Wage (1 Adult)
$51,091
per year
Living Wage (Family of 4)
$120,760
per year
Cost Index by Category
Housing144.7
Food99.5
Transportation99.1
Healthcare99.6
Utilities108.7
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,089
per month
2 Bedroom
$1,351
per month
The overall cost of living index in Preston is 116.1, which is 16.1% above the national average. Housing costs are above the national average at an index of 144.7. A single adult needs to earn approximately $51,091 per year to cover basic expenses.