The object of the present invention is to further improve the dust suppression performance of the antifreeze type dust suppressant, provide a low freezing point wetting type dust suppressant and a preparation method thereof, which belong to the technical field of dust suppressant. The mass percent content of each raw material component of the dust suppressant of the present invention is: sodium lactate: 0.1-2%, polyacryl alcohol: 0.1-6%, glycerin: 2%-10%, binder: 0.1-5%, Epoxy resin: 0.2-2%, surfactant: 0.1-1%, emulsion: 0.1-3%, water: balance. The dust suppressant of the invention is reasonable in price, easy to popularize and use, wide in source of raw materials, easy to implement, non-toxic, tasteless, non-corrosive, easy to spray and the like. It can be used to suppress dust in exposed areas such as mine roads, urban roads, municipal construction, coal mine transportation, and storage yards.