City Comparison

Lansing vs Peoria

Cost of Living Comparison · 2026

Lansing

Michigan
84
Very Affordable
$158,000
Median Home
$1,050/mo
Median Rent
$54,400
Median Income

Peoria

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

The Verdict

10.5%

The cost gap between these cities is 10.5%, with Peoria being the more affordable option. A $75,000 income in Lansing has equivalent purchasing power to $67,857 in Peoria.

Category-by-Category Breakdown

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

Housing
53
Lansing
42
Peoria
Groceries
89
Lansing
97
Peoria
Utilities
104
Lansing
103
Peoria
Transportation
111
Lansing
108
Peoria
Healthcare
93
Lansing
107
Peoria

Salary Equivalence

A $75,000 salary in Lansing has the same purchasing power as $67,857 in Peoria.

Conversely, $75,000 in Peoria equals $82,895 in Lansing.

Living in Lansing vs Peoria

Housing Costs

Lansing's housing index of 53 is higher Peoria's 42, translating to median home prices of $158,000 vs $164,000. The $6,000 difference in home prices means roughly $396 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,050/mo in Lansing compared to $1,000/mo in Peoria, a monthly difference of $50.

Grocery & Food Costs

Grocery expenses index at 89 in Lansing and 97 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $423/month in Lansing vs $461/month in Peoria. Lansing offers a meaningful advantage on everyday food costs, saving roughly $456/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 104 in Lansing and 103 in Peoria. Monthly utility bills average approximately $416 in Lansing vs $412 in Peoria. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 93 in Lansing 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 $54,400 in Lansing and $58,700 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $64,762 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 $1,269/month to housing in Lansing vs $1,370/month in Peoria. In Lansing, median rent of $1,050/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 Healthcare, where the gap is 14 index points — focus your budget analysis there.

Frequently Asked Questions

Peoria is 10.5% more affordable overall with an index of 76 vs 84.
A $75,000 salary in Lansing has equivalent purchasing power to approximately $67,857 in Peoria, based on the cost of living difference.
Lansing's housing index is 53 with median homes at $158,000, 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