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Nevis, MN vs Preston, MN

68
Nevis
Minnesota
VS
+2.8%
66
Preston
Minnesota

Nevis, MN and Preston, MN have a very similar cost of living, with only a 2.8% difference in their overall index. Nevis scores 68 while Preston scores 66 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 Nevis is $679/month compared to $649/month in Preston — a 5% difference. Interestingly, home values tell a different story: while Preston has cheaper rent, Nevis actually has lower median home values ($167,600 vs $169,600).

Median household income in Nevis is $53,889 compared to $60,438 in Preston (-10.8%). Preston offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Nevis spend roughly 15.1% of their income on rent, more than the 12.9% in Preston.

Climate-wise, Preston is notably warmer with an average of 44.8°F compared to 40.4°F in Nevis. Preston receives more rainfall at 34.7" per year compared to 23.9" in Nevis.

Income & Cost

Cost of Living Index
Nevis
68
Preston
66
3% cheaper
Median Household Income
Nevis
$53,889
Preston
$60,438
11% higher

Housing

Median Rent
Nevis
$679
Preston
$649
4% cheaper
Median Home Value
Nevis
$167,600
1% cheaper
Preston
$169,600
Population
Nevis
452
Preston
1,315

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Nevis
Preston $2.97
US $3.07
🥚
Eggs (grade A, large)
Nevis
Preston $2.43
US $2.50
🥛
Milk (whole)
Nevis
Preston $3.91
US $4.03
🍞
Bread (white)
Nevis
Preston $1.79
US $1.85
🍗
Chicken breast
Nevis
Preston $4.02
US $4.14
Electricity
Nevis
Preston $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Nevis 40.4°F
Preston 44.8°F
Summer High
Nevis 80°F
Preston 80°F
Winter Low
Nevis -3°F
Preston 7°F
Rainfall
Nevis 23.9"
Preston 34.7"
Rainy Days
Nevis 103d
Preston 124d