City Comparison

Fayetteville vs Peoria

Cost of Living Comparison · 2026

Fayetteville

North Carolina
81
Very Affordable
$213,000
Median Home
$1,075/mo
Median Rent
$49,800
Median Income

Peoria

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

The Verdict

6.6%

The cost gap between these cities is 6.6%, with Peoria being the more affordable option. A $75,000 income in Fayetteville has equivalent purchasing power to $70,370 in Peoria.

Category-by-Category Breakdown

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

Housing
52
Fayetteville
42
Peoria
Groceries
94
Fayetteville
97
Peoria
Utilities
98
Fayetteville
103
Peoria
Transportation
77
Fayetteville
108
Peoria
Healthcare
106
Fayetteville
107
Peoria

Salary Equivalence

A $75,000 salary in Fayetteville has the same purchasing power as $70,370 in Peoria.

Conversely, $75,000 in Peoria equals $79,934 in Fayetteville.

Living in Fayetteville vs Peoria

Housing Costs

Fayetteville's housing index of 52 is higher Peoria's 42, translating to median home prices of $213,000 vs $164,000. The $49,000 difference in home prices means roughly $3,180 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,075/mo in Fayetteville compared to $1,000/mo in Peoria, a monthly difference of $75.

Grocery & Food Costs

Grocery expenses index at 94 in Fayetteville and 97 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $447/month in Fayetteville 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 98 in Fayetteville and 103 in Peoria. Monthly utility bills average approximately $392 in Fayetteville vs $412 in Peoria. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 106 in Fayetteville 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 $49,800 in Fayetteville and $58,700 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $61,481 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 $1,162/month to housing in Fayetteville vs $1,370/month in Peoria. In Fayetteville, median rent of $1,075/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 Transportation, where the gap is 31 index points — focus your budget analysis there.

Frequently Asked Questions

Peoria is 6.6% more affordable overall with an index of 76 vs 81.
A $75,000 salary in Fayetteville has equivalent purchasing power to approximately $70,370 in Peoria, based on the cost of living difference.
Fayetteville's housing index is 52 with median homes at $213,000, while Peoria's is 42 with median homes at $164,000.

Moving & Relocation Resources

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