City Comparison

Clarksville vs Peoria

Cost of Living Comparison · 2026

Clarksville

Tennessee
89
Below Average
$304,000
Median Home
$1,225/mo
Median Rent
$63,700
Median Income

Peoria

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

The Verdict

17.1%

Living in Peoria costs 17.1% less than Clarksville. To match the purchasing power of a $75,000 salary in Clarksville, you would need $64,045 in Peoria.

Category-by-Category Breakdown

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

Housing
91
Clarksville
42
Peoria
Groceries
100
Clarksville
97
Peoria
Utilities
103
Clarksville
103
Peoria
Transportation
91
Clarksville
108
Peoria
Healthcare
93
Clarksville
107
Peoria

Salary Equivalence

A $75,000 salary in Clarksville has the same purchasing power as $64,045 in Peoria.

Conversely, $75,000 in Peoria equals $87,829 in Clarksville.

Living in Clarksville vs Peoria

Housing Costs

Clarksville's housing index of 91 is higher Peoria's 42, translating to median home prices of $304,000 vs $164,000. The $140,000 difference in home prices means roughly $9,096 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,225/mo in Clarksville compared to $1,000/mo in Peoria, a monthly difference of $225.

Grocery & Food Costs

Grocery expenses index at 100 in Clarksville and 97 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $475/month in Clarksville vs $461/month in Peoria. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

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

Healthcare

Healthcare costs index at 93 in Clarksville and 107 in Peoria. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 14-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $63,700 in Clarksville and $58,700 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $71,573 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 $1,486/month to housing in Clarksville vs $1,370/month in Peoria. In Clarksville, median rent of $1,225/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 49 index points — focus your budget analysis there.

Frequently Asked Questions

Peoria is 17.1% more affordable overall with an index of 76 vs 89.
A $75,000 salary in Clarksville has equivalent purchasing power to approximately $64,045 in Peoria, based on the cost of living difference.
Clarksville's housing index is 91 with median homes at $304,000, while Peoria's is 42 with median homes at $164,000.

Moving & Relocation Resources

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