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Chester, IL vs Preston Heights, IL

62
Chester
Illinois
VS
-27%
85
Preston Heights
Illinois

There is a significant gap in the cost of living between these two cities. Chester is 27% cheaper than Preston Heights. With a cost index of 62 vs 85, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Chester to Preston Heights should plan for substantially higher expenses across most categories.

On the housing front, median rent in Chester is $642/month compared to $1,232/month in Preston Heights — a 48% difference. Home values follow the same pattern: Chester is more affordable at $107,800 median vs $141,400.

Median household income in Chester is $74,673 compared to $51,970 in Preston Heights (+43.7%). Chester offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Chester spend roughly 10.3% of their income on rent, less than the 28.4% in Preston Heights.

Income & Cost

Cost of Living Index
Chester
62
27% cheaper
Preston Heights
85
Median Household Income
Chester
$74,673
30% higher
Preston Heights
$51,970

Housing

Median Rent
Chester
$642
48% cheaper
Preston Heights
$1,232
Median Home Value
Chester
$107,800
24% cheaper
Preston Heights
$141,400
Population
Chester
6,830
Preston Heights
2,318

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Chester
Preston Heights $3.20
US $3.07
🥚
Eggs (grade A, large)
Chester
Preston Heights $2.61
US $2.50
🥛
Milk (whole)
Chester
Preston Heights $4.20
US $4.03
🍞
Bread (white)
Chester
Preston Heights $1.93
US $1.85
🍗
Chicken breast
Chester
Preston Heights $4.32
US $4.14
Electricity
Chester
Preston Heights $0.15
US $0.19