City Comparison

Montpelier vs Peoria

Cost of Living Comparison · 2026

Montpelier

Vermont
117
Above Average
$375,000
Median Home
$1,400/mo
Median Rent
$82,600
Median Income

Peoria

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

The Verdict

53.9%

Peoria is 53.9% less expensive than Montpelier overall. A household earning $75,000 in Montpelier would need approximately $48,718 in Peoria to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
131
Montpelier
42
Peoria
Groceries
104
Montpelier
97
Peoria
Utilities
123
Montpelier
103
Peoria
Transportation
107
Montpelier
108
Peoria
Healthcare
107
Montpelier
107
Peoria

Salary Equivalence

A $75,000 salary in Montpelier has the same purchasing power as $48,718 in Peoria.

Conversely, $75,000 in Peoria equals $115,461 in Montpelier.

Living in Montpelier vs Peoria

Housing Costs

Montpelier's housing index of 131 is higher Peoria's 42, translating to median home prices of $375,000 vs $164,000. The $211,000 difference in home prices means roughly $13,716 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,400/mo in Montpelier compared to $1,000/mo in Peoria, a monthly difference of $400.

Grocery & Food Costs

Grocery expenses index at 104 in Montpelier and 97 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $494/month in Montpelier vs $461/month in Peoria. Peoria offers a meaningful advantage on everyday food costs, saving roughly $396/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 123 in Montpelier and 103 in Peoria. Monthly utility bills average approximately $492 in Montpelier vs $412 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 107 in Montpelier 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 $82,600 in Montpelier and $58,700 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $70,598 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 $1,927/month to housing in Montpelier vs $1,370/month in Peoria. In Montpelier, median rent of $1,400/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 Housing, where the gap is 89 index points — focus your budget analysis there.

Frequently Asked Questions

Peoria is 53.9% more affordable overall with an index of 76 vs 117.
A $75,000 salary in Montpelier has equivalent purchasing power to approximately $48,718 in Peoria, based on the cost of living difference.
Montpelier's housing index is 131 with median homes at $375,000, while Peoria's is 42 with median homes at $164,000.

Moving & Relocation Resources

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