City Comparison

Peoria vs Peoria

Cost of Living Comparison · 2026

Peoria

Arizona
113
Above Average
$495,000
Median Home
$1,725/mo
Median Rent
$97,300
Median Income

Peoria

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

The Verdict

48.7%

The cost gap between these cities is 48.7%, with Peoria being the more affordable option. A $75,000 income in Peoria has equivalent purchasing power to $50,442 in Peoria.

Category-by-Category Breakdown

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

Housing
149
Peoria
42
Peoria
Groceries
98
Peoria
97
Peoria
Utilities
106
Peoria
103
Peoria
Transportation
95
Peoria
108
Peoria
Healthcare
86
Peoria
107
Peoria

Salary Equivalence

A $75,000 salary in Peoria has the same purchasing power as $50,442 in Peoria.

Conversely, $75,000 in Peoria equals $111,513 in Peoria.

Living in Peoria vs Peoria

Housing Costs

Peoria's housing index of 149 is higher Peoria's 42, translating to median home prices of $495,000 vs $164,000. The $331,000 difference in home prices means roughly $21,516 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,725/mo in Peoria compared to $1,000/mo in Peoria, a monthly difference of $725.

Grocery & Food Costs

Grocery expenses index at 98 in Peoria and 97 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $466/month in Peoria vs $461/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 106 in Peoria and 103 in Peoria. Monthly utility bills average approximately $424 in Peoria vs $412 in Peoria. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 86 in Peoria and 107 in Peoria. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 21-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $97,300 in Peoria and $58,700 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $86,106 and $77,237 respectively. Peoria residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,270/month to housing in Peoria vs $1,370/month in Peoria. In Peoria, median rent of $1,725/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 107 index points — focus your budget analysis there.

Frequently Asked Questions

Peoria is 48.7% more affordable overall with an index of 76 vs 113.
A $75,000 salary in Peoria has equivalent purchasing power to approximately $50,442 in Peoria, based on the cost of living difference.
Peoria's housing index is 149 with median homes at $495,000, while Peoria's is 42 with median homes at $164,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases