Preston, IA vs Terril, IA

Preston, IA and Terril, IA have a very similar cost of living, with only a 4.9% difference in their overall index. Preston scores 68 while Terril scores 71 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 Preston is $789/month compared to $1,036/month in Terril — a 24% difference. Interestingly, home values tell a different story: while Preston has cheaper rent, Terril actually has lower median home values ($95,400 vs $144,600).

Median household income in Preston is $82,950 compared to $42,917 in Terril (+93.3%). 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 Preston spend roughly 11.4% of their income on rent, less than the 29% in Terril.

Climate-wise, both cities share similar average temperatures (47.2°F vs 44.6°F). Preston receives more rainfall at 38.2" per year compared to 29.3" in Terril.