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Ellsworth, MN vs Preston, MN

58
Ellsworth
Minnesota
VS
-12.7%
66
Preston
Minnesota

Ellsworth is moderately more affordable than Preston, with a 12.7% lower cost of living index. Ellsworth scores 58 compared to 66 for Preston, where the US average is 100. This difference means residents of Preston can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Ellsworth is $631/month compared to $649/month in Preston — a 3% difference. Home values follow the same pattern: Ellsworth is more affordable at $85,700 median vs $169,600.

Median household income in Ellsworth is $58,438 compared to $60,438 in Preston (-3.3%). Preston does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Ellsworth spend roughly 13% of their income on rent, more than the 12.9% in Preston.

Income & Cost

Cost of Living Index
Ellsworth
58
13% cheaper
Preston
66
Median Household Income
Ellsworth
$58,438
Preston
$60,438
3% higher

Housing

Median Rent
Ellsworth
$631
3% cheaper
Preston
$649
Median Home Value
Ellsworth
$85,700
49% cheaper
Preston
$169,600
Population
Ellsworth
471
Preston
1,315

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Ellsworth $2.99
Preston $2.97
US $3.07
🥚
Eggs (grade A, large)
Ellsworth $2.44
Preston $2.43
US $2.50
🥛
Milk (whole)
Ellsworth $3.92
Preston $3.91
US $4.03
🍞
Bread (white)
Ellsworth $1.80
Preston $1.79
US $1.85
🍗
Chicken breast
Ellsworth $4.03
Preston $4.02
US $4.14
Electricity
Ellsworth $0.16
Preston $0.17
US $0.19