New Haven vs Peoria
Cost of Living Comparison · 2026
New Haven
Peoria
The Verdict
Peoria is 55.3% less expensive than New Haven overall. A household earning $75,000 in New Haven would need approximately $48,305 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 $48,305 in Peoria.
Conversely, $75,000 in Peoria equals $116,447 in New Haven.
Living in New Haven vs Peoria
Housing Costs
New Haven's housing index of 137 is higher Peoria's 42, translating to median home prices of $250,000 vs $164,000. The $86,000 difference in home prices means roughly $5,592 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,400/mo in New Haven compared to $1,000/mo in Peoria, a monthly difference of $400.
Grocery & Food Costs
Grocery expenses index at 106 in New Haven and 97 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $504/month in New Haven vs $461/month in Peoria. Peoria offers a meaningful advantage on everyday food costs, saving roughly $516/year.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 124 in New Haven and 103 in Peoria. Monthly utility bills average approximately $496 in New Haven 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 114 in New Haven 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 $42,158 in New Haven and $58,700 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $35,727 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 $984/month to housing in New Haven vs $1,370/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 $1,000/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 95 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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