Lowell vs Peoria
Cost of Living Comparison · 2026
Lowell
Peoria
The Verdict
Living in Peoria costs 15.9% less than Lowell. To match the purchasing power of a $75,000 salary in Lowell, you would need $64,695 in Peoria.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Lowell has the same purchasing power as $64,695 in Peoria.
Conversely, $75,000 in Peoria equals $86,947 in Lowell.
Living in Lowell vs Peoria
Housing Costs
Lowell's housing index of 152 is higher Peoria's 149, translating to median home prices of $429,000 vs $495,000. The $66,000 difference in home prices means roughly $4,296 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,925/mo in Lowell compared to $1,725/mo in Peoria, a monthly difference of $200.
Grocery & Food Costs
Grocery expenses index at 104 in Lowell and 98 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $494/month in Lowell vs $466/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 151 in Lowell and 106 in Peoria. Monthly utility bills average approximately $604 in Lowell vs $424 in Peoria. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.
Healthcare
Healthcare costs index at 118 in Lowell and 86 in Peoria. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 32-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $79,700 in Lowell and $97,300 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $60,840 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 $1,860/month to housing in Lowell vs $2,270/month in Peoria. In Lowell, median rent of $1,925/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 Utilities, where the gap is 45 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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