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Malad City, ID vs Preston, ID

79
Malad City
Idaho
VS
-1.2%
80
Preston
Idaho

Malad City, ID and Preston, ID have a very similar cost of living, with only a 1.2% difference in their overall index. Malad City scores 79 while Preston scores 80 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 Malad City is $965/month compared to $794/month in Preston — a 22% difference. Interestingly, home values tell a different story: while Preston has cheaper rent, Malad City actually has lower median home values ($210,300 vs $280,500).

Median household income in Malad City is $75,500 compared to $55,625 in Preston (+35.7%). Malad 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 Malad City spend roughly 15.3% of their income on rent, less than the 17.1% in Preston.

Income & Cost

Cost of Living Index
Malad City
79
1% cheaper
Preston
80
Median Household Income
Malad City
$75,500
26% higher
Preston
$55,625

Housing

Median Rent
Malad City
$965
Preston
$794
18% cheaper
Median Home Value
Malad City
$210,300
25% cheaper
Preston
$280,500
Population
Malad City
2,441
Preston
5,800

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Malad City
Preston $2.91
US $3.07
🥚
Eggs (grade A, large)
Malad City
Preston $2.37
US $2.50
🥛
Milk (whole)
Malad City
Preston $3.82
US $4.03
🍞
Bread (white)
Malad City
Preston $1.75
US $1.85
🍗
Chicken breast
Malad City
Preston $3.93
US $4.14
Electricity
Malad City
Preston $0.14
US $0.19