City Comparison

Cleveland vs Peoria

Cost of Living Comparison · 2026

Cleveland

Ohio
87
Below Average
$100,000
Median Home
$900/mo
Median Rent
$32,053
Median Income

Peoria

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

The Verdict

14.5%

Living in Peoria costs 14.5% less than Cleveland. To match the purchasing power of a $75,000 salary in Cleveland, you would need $65,517 in Peoria.

Category-by-Category Breakdown

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

Housing
59
Cleveland
42
Peoria
Groceries
99
Cleveland
97
Peoria
Utilities
96
Cleveland
103
Peoria
Transportation
101
Cleveland
108
Peoria
Healthcare
96
Cleveland
107
Peoria

Salary Equivalence

A $75,000 salary in Cleveland has the same purchasing power as $65,517 in Peoria.

Conversely, $75,000 in Peoria equals $85,855 in Cleveland.

Living in Cleveland vs Peoria

Housing Costs

Cleveland's housing index of 59 is higher Peoria's 42, translating to median home prices of $100,000 vs $164,000. The $64,000 difference in home prices means roughly $4,164 per year in additional mortgage costs at current rates. Renters face a similar gap: $900/mo in Cleveland compared to $1,000/mo in Peoria, a monthly difference of $100.

Grocery & Food Costs

Grocery expenses index at 99 in Cleveland and 97 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $470/month in Cleveland 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 96 in Cleveland and 103 in Peoria. Monthly utility bills average approximately $384 in Cleveland vs $412 in Peoria. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 96 in Cleveland and 107 in Peoria. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 11-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $32,053 in Cleveland and $58,700 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $36,843 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 $748/month to housing in Cleveland vs $1,370/month in Peoria. In Cleveland, median rent of $900/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 17 index points — focus your budget analysis there.

Frequently Asked Questions

Peoria is 14.5% more affordable overall with an index of 76 vs 87.
A $75,000 salary in Cleveland has equivalent purchasing power to approximately $65,517 in Peoria, based on the cost of living difference.
Cleveland's housing index is 59 with median homes at $100,000, while Peoria's is 42 with median homes at $164,000.

Moving & Relocation Resources

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