City Comparison

Cranston vs Peoria

Cost of Living Comparison · 2026

Cranston

Rhode Island
109
Above Average
$395,000
Median Home
$1,375/mo
Median Rent
$90,200
Median Income

Peoria

Arizona
113
Above Average
$495,000
Median Home
$1,725/mo
Median Rent
$97,300
Median Income

The Verdict

3.5%

Living in Cranston costs 3.5% less than Peoria. To match the purchasing power of a $75,000 salary in Cranston, you would need $77,752 in Peoria.

Category-by-Category Breakdown

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

Housing
135
Cranston
149
Peoria
Groceries
103
Cranston
98
Peoria
Utilities
113
Cranston
106
Peoria
Transportation
93
Cranston
95
Peoria
Healthcare
110
Cranston
86
Peoria

Salary Equivalence

A $75,000 salary in Cranston has the same purchasing power as $77,752 in Peoria.

Conversely, $75,000 in Peoria equals $72,345 in Cranston.

Living in Cranston vs Peoria

Housing Costs

Cranston's housing index of 135 is lower Peoria's 149, translating to median home prices of $395,000 vs $495,000. The $100,000 difference in home prices means roughly $6,504 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,375/mo in Cranston compared to $1,725/mo in Peoria, a monthly difference of $350.

Grocery & Food Costs

Grocery expenses index at 103 in Cranston and 98 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $489/month in Cranston vs $466/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 113 in Cranston and 106 in Peoria. Monthly utility bills average approximately $452 in Cranston vs $424 in Peoria. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 110 in Cranston and 86 in Peoria. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 24-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $90,200 in Cranston and $97,300 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $82,752 and $86,106 respectively. Peoria residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,105/month to housing in Cranston vs $2,270/month in Peoria. In Cranston, median rent of $1,375/mo fits within this budget. In Peoria, median rent of $1,725/mo remains manageable. The biggest category-level difference between these two cities is Healthcare, where the gap is 24 index points — focus your budget analysis there.

Frequently Asked Questions

Cranston is 3.5% more affordable overall with an index of 109 vs 113.
A $75,000 salary in Cranston has equivalent purchasing power to approximately $77,752 in Peoria, based on the cost of living difference.
Cranston's housing index is 135 with median homes at $395,000, while Peoria's is 149 with median homes at $495,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases