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

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

The Verdict

43.4%

Living in Peoria costs 43.4% less than Cranston. To match the purchasing power of a $75,000 salary in Cranston, you would need $52,294 in Peoria.

Category-by-Category Breakdown

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

Housing
135
Cranston
42
Peoria
Groceries
103
Cranston
97
Peoria
Utilities
113
Cranston
103
Peoria
Transportation
93
Cranston
108
Peoria
Healthcare
110
Cranston
107
Peoria

Salary Equivalence

A $75,000 salary in Cranston has the same purchasing power as $52,294 in Peoria.

Conversely, $75,000 in Peoria equals $107,566 in Cranston.

Living in Cranston vs Peoria

Housing Costs

Cranston's housing index of 135 is higher Peoria's 42, translating to median home prices of $395,000 vs $164,000. The $231,000 difference in home prices means roughly $15,012 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,375/mo in Cranston compared to $1,000/mo in Peoria, a monthly difference of $375.

Grocery & Food Costs

Grocery expenses index at 103 in Cranston and 97 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $489/month in Cranston vs $461/month in Peoria. Peoria offers a meaningful advantage on everyday food costs, saving roughly $336/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 113 in Cranston and 103 in Peoria. Monthly utility bills average approximately $452 in Cranston vs $412 in Peoria. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 110 in Cranston 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 $90,200 in Cranston and $58,700 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $82,752 and $77,237 respectively. Cranston residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,105/month to housing in Cranston vs $1,370/month in Peoria. In Cranston, median rent of $1,375/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 93 index points — focus your budget analysis there.

Frequently Asked Questions

Peoria is 43.4% more affordable overall with an index of 76 vs 109.
A $75,000 salary in Cranston has equivalent purchasing power to approximately $52,294 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 42 with median homes at $164,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases