Concord vs Peoria
Cost of Living Comparison · 2026
Concord
Peoria
The Verdict
The cost gap between these cities is 93.4%, with Peoria being the more affordable option. A $75,000 income in Concord has equivalent purchasing power to $38,776 in Peoria.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Concord has the same purchasing power as $38,776 in Peoria.
Conversely, $75,000 in Peoria equals $145,066 in Concord.
Living in Concord vs Peoria
Housing Costs
Concord's housing index of 210 is higher Peoria's 42, translating to median home prices of $680,000 vs $164,000. The $516,000 difference in home prices means roughly $33,540 per year in additional mortgage costs at current rates. Renters face a similar gap: $2,350/mo in Concord compared to $1,000/mo in Peoria, a monthly difference of $1,350.
Grocery & Food Costs
Grocery expenses index at 112 in Concord and 97 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $532/month in Concord vs $461/month in Peoria. Peoria offers a meaningful advantage on everyday food costs, saving roughly $852/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 147 in Concord and 103 in Peoria. Monthly utility bills average approximately $588 in Concord vs $412 in Peoria. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.
Healthcare
Healthcare costs index at 121 in Concord 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 $109,000 in Concord and $58,700 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $74,150 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 $2,543/month to housing in Concord vs $1,370/month in Peoria. In Concord, median rent of $2,350/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 168 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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