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Preston, ID

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
60
Very Affordable
Median Home Value
$280,500
National: $426,735
Median Rent
$794/mo
National: $1,527/mo
Household Income
$55,625
National: $84,532
Population
5,800
Purchasing Power
110
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
66 / 100
100 = national average
Rent Index
52 / 100
Overall Index
60
Very Affordable

Preston Mortgage Calculator

Pre-filled with the local median home value of $280,500 and Idaho's property tax rate of 0.63%.

Salary & Purchasing Power

Median household income is $55,625 34% below the national average.

What $55,625 in Preston Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$139,990+152%
Los Angeles, CA$157,604+183%
Indianapolis city (balance), IN$54,698-2%
Oklahoma City, OK$54,698-2%

Property Tax in Preston, ID

Est. Annual Property Tax
$1,767
Monthly Impact
$147
Added to your mortgage
Effective Rate
0.63%
National avg: ~1.00%

Idaho Tax Overview

Tax TypeIdahoNational Avg
Property Tax Rate0.63%1.00%
Top Income Tax Rate5.8%~5.0%
State Sales Tax6.02%~5.0%

Compare Preston to Another City

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Cost of Living Comparison

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Preston, ID
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Preston, ID: 66
Rent Prices
52
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR