La Monte, MO vs Preston, MO

La Monte, MO and Preston, MO have a very similar cost of living, with only a 1.9% difference in their overall index. La Monte scores 61 while Preston scores 62 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in La Monte is $663/month compared to $586/month in Preston — a 13% difference. Interestingly, home values tell a different story: while Preston has cheaper rent, La Monte actually has lower median home values ($104,800 vs $147,500).

Median household income in La Monte is $63,021 compared to $30,500 in Preston (+106.6%). La Monte offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of La Monte spend roughly 12.6% of their income on rent, less than the 23.1% in Preston.