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Montpelier, ID vs Preston, ID

67
Montpelier
Idaho
VS
-16.1%
80
Preston
Idaho

There is a significant gap in the cost of living between these two cities. Montpelier is 16.1% cheaper than Preston. With a cost index of 67 vs 80, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Montpelier to Preston should plan for substantially higher expenses across most categories.

On the housing front, median rent in Montpelier is $639/month compared to $794/month in Preston — a 20% difference. Home values follow the same pattern: Montpelier is more affordable at $185,600 median vs $280,500.

Median household income in Montpelier is $52,212 compared to $55,625 in Preston (-6.1%). Preston does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Montpelier spend roughly 14.7% of their income on rent, less than the 17.1% in Preston.

Income & Cost

Cost of Living Index
Montpelier
67
16% cheaper
Preston
80
Median Household Income
Montpelier
$52,212
Preston
$55,625
6% higher

Housing

Median Rent
Montpelier
$639
20% cheaper
Preston
$794
Median Home Value
Montpelier
$185,600
34% cheaper
Preston
$280,500
Population
Montpelier
2,681
Preston
5,800

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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