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Carlos, MN vs Preston, MN

75
Carlos
Minnesota
VS
+13.2%
66
Preston
Minnesota

Preston is moderately more affordable than Carlos, with a 13.2% lower cost of living index. Carlos scores 75 compared to 66 for Preston, where the US average is 100. This difference means residents of Carlos can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Carlos is $888/month compared to $649/month in Preston — a 37% difference. Home values follow the same pattern: Preston is more affordable at $169,600 median vs $174,600.

Median household income in Carlos is $65,625 compared to $60,438 in Preston (+8.6%). The higher salaries in Carlos partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Carlos spend roughly 16.2% of their income on rent, more than the 12.9% in Preston.

Income & Cost

Cost of Living Index
Carlos
75
Preston
66
12% cheaper
Median Household Income
Carlos
$65,625
8% higher
Preston
$60,438

Housing

Median Rent
Carlos
$888
Preston
$649
27% cheaper
Median Home Value
Carlos
$174,600
Preston
$169,600
3% cheaper
Population
Carlos
465
Preston
1,315

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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