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Lancaster, KS vs Preston, KS

64
Lancaster
Kansas
VS
+23.9%
52
Preston
Kansas

There is a significant gap in the cost of living between these two cities. Preston is 23.9% cheaper than Lancaster. With a cost index of 52 vs 64, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Preston to Lancaster should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lancaster is $850/month compared to $628/month in Preston — a 35% difference. Home values follow the same pattern: Preston is more affordable at $21,900 median vs $97,300.

Median household income in Lancaster is $44,375 compared to $28,462 in Preston (+55.9%). While Lancaster is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lancaster spend roughly 23% of their income on rent, less than the 26.5% in Preston.

Income & Cost

Cost of Living Index
Lancaster
64
Preston
52
19% cheaper
Median Household Income
Lancaster
$44,375
36% higher
Preston
$28,462

Housing

Median Rent
Lancaster
$850
Preston
$628
26% cheaper
Median Home Value
Lancaster
$97,300
Preston
$21,900
77% cheaper
Population
Lancaster
356
Preston
127

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Lancaster $2.96
Preston
US $3.07
🥚
Eggs (grade A, large)
Lancaster $2.42
Preston
US $2.50
🥛
Milk (whole)
Lancaster $3.89
Preston
US $4.03
🍞
Bread (white)
Lancaster $1.79
Preston
US $1.85
🍗
Chicken breast
Lancaster $4.00
Preston
US $4.14
Electricity
Lancaster $0.17
Preston
US $0.19