City Comparison

Asheville vs Peoria

Cost of Living Comparison · 2026

Asheville

North Carolina
108
Above Average
$360,000
Median Home
$1,500/mo
Median Rent
$48,534
Median Income

Peoria

Illinois
76
Very Affordable
$164,000
Median Home
$1,000/mo
Median Rent
$58,700
Median Income

The Verdict

42.1%

Peoria is 42.1% less expensive than Asheville overall. A household earning $75,000 in Asheville would need approximately $52,778 in Peoria to maintain the same standard of living.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
120
Asheville
42
Peoria
Groceries
103
Asheville
97
Peoria
Utilities
95
Asheville
103
Peoria
Transportation
100
Asheville
108
Peoria
Healthcare
106
Asheville
107
Peoria

Salary Equivalence

A $75,000 salary in Asheville has the same purchasing power as $52,778 in Peoria.

Conversely, $75,000 in Peoria equals $106,579 in Asheville.

Living in Asheville vs Peoria

Housing Costs

Asheville's housing index of 120 is higher Peoria's 42, translating to median home prices of $360,000 vs $164,000. The $196,000 difference in home prices means roughly $12,744 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,500/mo in Asheville compared to $1,000/mo in Peoria, a monthly difference of $500.

Grocery & Food Costs

Grocery expenses index at 103 in Asheville and 97 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $489/month in Asheville vs $461/month in Peoria. Peoria offers a meaningful advantage on everyday food costs, saving roughly $336/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 95 in Asheville and 103 in Peoria. Monthly utility bills average approximately $380 in Asheville vs $412 in Peoria. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 106 in Asheville and 107 in Peoria. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $48,534 in Asheville and $58,700 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $44,939 and $77,237 respectively. Peoria residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,132/month to housing in Asheville vs $1,370/month in Peoria. In Asheville, median rent of $1,500/mo exceeds this threshold, suggesting renters may feel stretched. In Peoria, median rent of $1,000/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 78 index points — focus your budget analysis there.

Frequently Asked Questions

Peoria is 42.1% more affordable overall with an index of 76 vs 108.
A $75,000 salary in Asheville has equivalent purchasing power to approximately $52,778 in Peoria, based on the cost of living difference.
Asheville's housing index is 120 with median homes at $360,000, while Peoria's is 42 with median homes at $164,000.

Moving & Relocation Resources

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