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Brandon, MN vs Preston, MN

69
Brandon
Minnesota
VS
+3.8%
66
Preston
Minnesota

Brandon, MN and Preston, MN have a very similar cost of living, with only a 3.8% difference in their overall index. Brandon scores 69 while Preston scores 66 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Brandon is $685/month compared to $649/month in Preston — a 6% difference. Home values follow the same pattern: Preston is more affordable at $169,600 median vs $174,000.

Median household income in Brandon is $64,625 compared to $60,438 in Preston (+6.9%). While Brandon is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Brandon spend roughly 12.7% of their income on rent, less than the 12.9% in Preston.

Income & Cost

Cost of Living Index
Brandon
69
Preston
66
4% cheaper
Median Household Income
Brandon
$64,625
6% higher
Preston
$60,438

Housing

Median Rent
Brandon
$685
Preston
$649
5% cheaper
Median Home Value
Brandon
$174,000
Preston
$169,600
3% cheaper
Population
Brandon
462
Preston
1,315

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Brandon
Preston $2.97
US $3.07
🥚
Eggs (grade A, large)
Brandon
Preston $2.43
US $2.50
🥛
Milk (whole)
Brandon
Preston $3.91
US $4.03
🍞
Bread (white)
Brandon
Preston $1.79
US $1.85
🍗
Chicken breast
Brandon
Preston $4.02
US $4.14
Electricity
Brandon
Preston $0.17
US $0.19