London vs Peoria
Cost of Living Comparison · 2026
London
Peoria
The Verdict
Living in Peoria costs 1.8% less than London. To match the purchasing power of a $75,000 salary in London, you would need $73,696 in Peoria.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in London has the same purchasing power as $73,696 in Peoria.
Conversely, $75,000 in Peoria equals $76,327 in London.
Living in London vs Peoria
Housing Costs
London's housing index of 162 is higher Peoria's 149, translating to median home prices of $695,000 vs $495,000. The $200,000 difference in home prices means roughly $12,996 per year in additional mortgage costs at current rates. Renters face a similar gap: $2,400/mo in London compared to $1,725/mo in Peoria, a monthly difference of $675.
Grocery & Food Costs
Grocery expenses index at 92 in London and 98 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $437/month in London vs $466/month in Peoria. London offers a meaningful advantage on everyday food costs, saving roughly $348/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 112 in London and 106 in Peoria. Monthly utility bills average approximately $448 in London vs $424 in Peoria. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 78 in London and 86 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 $55,000 in London and $97,300 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $47,826 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 $1,283/month to housing in London vs $2,270/month in Peoria. In London, median rent of $2,400/mo exceeds this threshold, suggesting renters may feel stretched. 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 30 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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