The invention discloses an irradiation cross-linking polyethylene insulated low-voltage power cable preparing method and belongs to the technical field of cable manufacturing. A cable comprises a conductor, an insulation wire core which is formed in an insulation mode and is extruded on the outer edge of the conductor, a cable core formed by the insulation wire core, filling materials at a gap of the cable core, a cable forming wrapping belt layer wrapped outside the cable core, an inner protecting layer extruded outside the cable forming wrapping belt, a wrapped metal armoring layer and an extruded outer protecting sleeve from inside to outside. The cable is prepared through the following steps of material selecting, wire drawing, annealing, conductor intertwisting, insulation layer extruding and irradiation, cable forming intertwisting and cable forming wrapping belt wrapping, inner protecting layer extruding, metal armoring layer wrapping and outer protecting sleeve layer extruding in sequence. According to the novel irradiation cross-linking polyethylene insulated low-voltage power cable preparing method, energy loss can be lowered, and production cost can be lowered.