Lincoln, ID vs Preston, ID

There is a significant gap in the cost of living between these two cities. Preston is 18.7% cheaper than Lincoln. With a cost index of 80 vs 95, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Preston to Lincoln should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lincoln is $1,245/month compared to $794/month in Preston — a 57% difference. Home values follow the same pattern: Preston is more affordable at $280,500 median vs $307,800.

Median household income in Lincoln is $80,818 compared to $55,625 in Preston (+45.3%). While Lincoln is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lincoln spend roughly 18.5% of their income on rent, more than the 17.1% in Preston.