Orem vs Peoria
Cost of Living Comparison · 2026
Orem
Peoria
The Verdict
The cost gap between these cities is 3.5%, with Peoria being the more affordable option. A $75,000 income in Orem has equivalent purchasing power to $72,436 in Peoria.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Orem has the same purchasing power as $72,436 in Peoria.
Conversely, $75,000 in Peoria equals $77,655 in Orem.
Living in Orem vs Peoria
Housing Costs
Orem's housing index of 147 is lower Peoria's 149, translating to median home prices of $528,000 vs $495,000. The $33,000 difference in home prices means roughly $2,148 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,400/mo in Orem compared to $1,725/mo in Peoria, a monthly difference of $325.
Grocery & Food Costs
Grocery expenses index at 98 in Orem and 98 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $466/month in Orem vs $466/month in Peoria. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.
Utility Expenses
Utility costs — electricity, gas, water, internet — index at 92 in Orem and 106 in Peoria. Monthly utility bills average approximately $368 in Orem 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 95 in Orem and 86 in Peoria. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 9-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.
Income & Purchasing Power
Median household income is $86,000 in Orem and $97,300 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $73,504 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 $2,007/month to housing in Orem vs $2,270/month in Peoria. In Orem, median rent of $1,400/mo fits within this budget. 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 14 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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