Bangor vs Peoria
Cost of Living Comparison · 2026
Bangor
Peoria
The Verdict
Peoria is 13.2% less expensive than Bangor overall. A household earning $75,000 in Bangor would need approximately $66,279 in Peoria to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Bangor has the same purchasing power as $66,279 in Peoria.
Conversely, $75,000 in Peoria equals $84,868 in Bangor.
Living in Bangor vs Peoria
Housing Costs
Bangor's housing index of 83 is higher Peoria's 42, translating to median home prices of $235,000 vs $164,000. The $71,000 difference in home prices means roughly $4,620 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Bangor compared to $1,000/mo in Peoria, a monthly difference of $0.
Grocery & Food Costs
Grocery expenses index at 104 in Bangor and 97 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $494/month in Bangor vs $461/month in Peoria. Peoria offers a meaningful advantage on everyday food costs, saving roughly $396/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 108 in Bangor and 103 in Peoria. Monthly utility bills average approximately $432 in Bangor vs $412 in Peoria. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 104 in Bangor 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 $52,500 in Bangor and $58,700 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $61,047 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 $1,225/month to housing in Bangor vs $1,370/month in Peoria. In Bangor, median rent of $1,000/mo fits within this budget. 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 41 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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