Lancaster vs Peoria
Cost of Living Comparison · 2026
Lancaster
Peoria
The Verdict
The cost gap between these cities is 13.3%, with Peoria being the more affordable option. A $75,000 income in Lancaster has equivalent purchasing power to $66,211 in Peoria.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Lancaster has the same purchasing power as $66,211 in Peoria.
Conversely, $75,000 in Peoria equals $84,956 in Lancaster.
Living in Lancaster vs Peoria
Housing Costs
Lancaster's housing index of 148 is lower Peoria's 149, translating to median home prices of $447,000 vs $495,000. The $48,000 difference in home prices means roughly $3,120 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,625/mo in Lancaster compared to $1,725/mo in Peoria, a monthly difference of $100.
Grocery & Food Costs
Grocery expenses index at 109 in Lancaster and 98 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $518/month in Lancaster vs $466/month in Peoria. Peoria offers a meaningful advantage on everyday food costs, saving roughly $624/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 111 in Lancaster and 106 in Peoria. Monthly utility bills average approximately $444 in Lancaster vs $424 in Peoria. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 96 in Lancaster and 86 in Peoria. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 10-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $81,500 in Lancaster and $97,300 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $63,672 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 $1,902/month to housing in Lancaster vs $2,270/month in Peoria. In Lancaster, median rent of $1,625/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 Transportation, where the gap is 43 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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