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Grant City, MO vs Preston, MO

48
Grant City
Missouri
VS
-23%
62
Preston
Missouri

There is a significant gap in the cost of living between these two cities. Grant City is 23% cheaper than Preston. With a cost index of 48 vs 62, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Grant City to Preston should plan for substantially higher expenses across most categories.

On the housing front, median rent in Grant City is $315/month compared to $586/month in Preston — a 46% difference. Home values follow the same pattern: Grant City is more affordable at $74,100 median vs $147,500.

Median household income in Grant City is $41,250 compared to $30,500 in Preston (+35.2%). Grant City offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Grant City spend roughly 9.2% of their income on rent, less than the 23.1% in Preston.

Income & Cost

Cost of Living Index
Grant City
48
23% cheaper
Preston
62
Median Household Income
Grant City
$41,250
26% higher
Preston
$30,500

Housing

Median Rent
Grant City
$315
46% cheaper
Preston
$586
Median Home Value
Grant City
$74,100
50% cheaper
Preston
$147,500
Population
Grant City
993
Preston
348

Salary Equivalency Calculator

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