Gooding, ID vs Preston, ID

Gooding is moderately more affordable than Preston, with a 8.4% lower cost of living index. Gooding scores 73 compared to 80 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 Gooding is $869/month compared to $794/month in Preston — a 9% difference. Interestingly, home values tell a different story: while Preston has cheaper rent, Gooding actually has lower median home values ($175,800 vs $280,500).

Median household income in Gooding is $36,889 compared to $55,625 in Preston (-33.7%). While Preston is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gooding spend roughly 28.3% of their income on rent, more than the 17.1% in Preston.