⚡ Featured Deal
Essentials for Your New Home
🛒 Shop This Deal NowAs an Amazon Associate I earn from qualifying purchases.
Preston, MD Utility & Living Guide
Living in Preston, MD offers a charming small-town experience with easy access to outdoor recreation and a strong sense of community.
Monthly Utility Costs
$140/mo
—
$50/mo
$30/mo
$60/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1100/mo |
| 2 Bedrooms | $1400/mo |
| 3 Bedrooms | $1900/mo |
| Median Home Price | $280,000 |
| Property Tax Rate | 1.1% |
| Avg Childcare/mo | $900 |
The housing market in Preston is relatively affordable, with a range of options from historic homes to new constructions. However, the town’s small size means that inventory can be limited. Rentals are also available, but prices may vary depending on the location and amenities.
Cost of Living
105
+5% above national average
102
96
100
$900
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 6% |
| Property Tax Rate | 1.1% |
| <p>State 6% + County 0% + City 0%</p> | |
Maryland has a progressive state income tax, with rates ranging from 4.75% to 5.75%. Preston residents are also subject to federal income tax.
Family & Relocation
55
7/10
$900/mo
City Pulse
Preston has limited public transportation options, but the town is relatively walkable and bikeable. However, stroller-friendly infrastructure is limited, and parents may need to plan ahead for outings.
- Preston Park
- Caroline County 4-H Park
- Tuckahoe State Park
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Preston based on your household profile.
📰 Live Local News
The Town of Preston has regulations in place regarding zoning, building permits, and noise ordinances. Residents are also required to obtain licenses for certain businesses and activities.
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
Find Another City Guide
Search by city name or ZIP code to find utility costs, housing data and cost of living guides.
📊 Preston — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in Preston tend to be higher in the summer months due to air conditioning usage, with average electric bills increasing by 20-30% from June to August. In the winter, heating costs are relatively low due to the town's mild climate, but residents may still see a 10-20% increase in their energy bills.
🏛️ Local Tax Details
The ZIP code 21655 has a property tax millage rate of 0.85, with no local surtaxes. However, residents may be subject to additional taxes and fees depending on their specific location and property type.
👶 Family & Stroller Friendliness
6, with explanation: while Preston has some sidewalks and parks, the town's infrastructure is not always stroller-friendly, with limited elevator access in transit and some uneven or unpaved walkways.
Maryland Living Report — October 13, 2026
Maryland Living Report — October 13, 2026 Finklick tracks 230 cities across Maryland. Total state population: 6,161,707. Median...
Read more →
Maryland Living Report — October 12, 2026
Maryland Living Report — October 12, 2026 Finklick tracks 230 cities across Maryland. Total state population: 6,161,707. Median...
Read more →
Maryland Living Report — October 11, 2026
Maryland is a state of pronounced contrasts, often defined by its proximity to the nation’s capital yet maintaining...
Read more →
Maryland Living Report — October 10, 2026
Maryland presents a study in contrasts, where the bustling urban corridors of the I-95 beltway meet the quiet...
Read more →
Get your home essentials, storage, and moving supplies delivered.
Shop Moving EssentialsAs an Amazon Associate I earn from qualifying purchases.