Drexel, MO vs Preston, MO

Preston is moderately more affordable than Drexel, with a 10.7% lower cost of living index. Drexel scores 68 compared to 62 for Preston, where the US average is 100. This difference means residents of Drexel can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Drexel is $834/month compared to $586/month in Preston — a 42% difference. Interestingly, home values tell a different story: while Preston has cheaper rent, Drexel actually has lower median home values ($128,600 vs $147,500).

Median household income in Drexel is $51,910 compared to $30,500 in Preston (+70.2%). While Drexel is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Drexel spend roughly 19.3% of their income on rent, less than the 23.1% in Preston.