New Haven vs Peoria
Cost of Living Comparison · 2026
New Haven
Peoria
The Verdict
Peoria is 4.4% less expensive than New Haven overall. A household earning $75,000 in New Haven would need approximately $71,822 in Peoria to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in New Haven has the same purchasing power as $71,822 in Peoria.
Conversely, $75,000 in Peoria equals $78,319 in New Haven.
Living in New Haven vs Peoria
Housing Costs
New Haven's housing index of 137 is lower Peoria's 149, translating to median home prices of $250,000 vs $495,000. The $245,000 difference in home prices means roughly $15,924 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,400/mo in New Haven compared to $1,725/mo in Peoria, a monthly difference of $325.
Grocery & Food Costs
Grocery expenses index at 106 in New Haven and 98 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $504/month in New Haven vs $466/month in Peoria. Peoria offers a meaningful advantage on everyday food costs, saving roughly $456/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 124 in New Haven and 106 in Peoria. Monthly utility bills average approximately $496 in New Haven 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 114 in New Haven and 86 in Peoria. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 28-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $42,158 in New Haven and $97,300 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $35,727 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 $984/month to housing in New Haven vs $2,270/month in Peoria. In New Haven, median rent of $1,400/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 Healthcare, where the gap is 28 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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