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Preston, IA vs Wilton, IA

68
Preston
Iowa
VS
-3.8%
70
Wilton
Iowa

Preston, IA and Wilton, IA have a very similar cost of living, with only a 3.8% difference in their overall index. Preston scores 68 while Wilton scores 70 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 $829/month in Wilton — a 5% difference. Home values follow the same pattern: Preston is more affordable at $144,600 median vs $162,000.

Median household income in Preston is $82,950 compared to $71,898 in Wilton (+15.4%). 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 13.8% in Wilton.

Climate-wise, both cities share similar average temperatures (47.2°F vs 49.9°F). Preston receives more rainfall at 38.2" per year compared to 36.2" in Wilton.

Income & Cost

Cost of Living Index
Preston
68
4% cheaper
Wilton
70
Median Household Income
Preston
$82,950
13% higher
Wilton
$71,898

Housing

Median Rent
Preston
$789
5% cheaper
Wilton
$829
Median Home Value
Preston
$144,600
11% cheaper
Wilton
$162,000
Population
Preston
1,057
Wilton
2,943

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Preston 47.2°F
Wilton 49.9°F
Summer High
Preston 82°F
Wilton 84°F
Winter Low
Preston 11°F
Wilton 14°F
Rainfall
Preston 38.2"
Wilton 36.2"
Rainy Days
Preston 118d
Wilton 124d