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Preston, ID vs Priest River, ID

80
Preston
Idaho
VS
+3.3%
77
Priest River
Idaho

Preston, ID and Priest River, ID have a very similar cost of living, with only a 3.3% difference in their overall index. Preston scores 80 while Priest River scores 77 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 $794/month compared to $748/month in Priest River — a 6% difference. Home values follow the same pattern: Priest River is more affordable at $271,500 median vs $280,500.

Median household income in Preston is $55,625 compared to $57,712 in Priest River (-3.6%). Priest River 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 17.1% of their income on rent, more than the 15.6% in Priest River.

Income & Cost

Cost of Living Index
Preston
80
Priest River
77
3% cheaper
Median Household Income
Preston
$55,625
Priest River
$57,712
4% higher

Housing

Median Rent
Preston
$794
Priest River
$748
6% cheaper
Median Home Value
Preston
$280,500
Priest River
$271,500
3% cheaper
Population
Preston
5,800
Priest River
2,058

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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