Peoria vs Roanoke
Cost of Living Comparison · 2026
Peoria
Roanoke
The Verdict
Roanoke is 39.5% less expensive than Peoria overall. A household earning $75,000 in Peoria would need approximately $53,761 in Roanoke 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 Peoria has the same purchasing power as $53,761 in Roanoke.
Conversely, $75,000 in Roanoke equals $104,630 in Peoria.
Living in Peoria vs Roanoke
Housing Costs
Peoria's housing index of 149 is higher Roanoke's 57, translating to median home prices of $495,000 vs $225,000. The $270,000 difference in home prices means roughly $17,556 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,725/mo in Peoria compared to $1,075/mo in Roanoke, a monthly difference of $650.
Grocery & Food Costs
Grocery expenses index at 98 in Peoria and 97 in Roanoke. A household spending the national average of $475/month on groceries would pay approximately $466/month in Peoria vs $461/month in Roanoke. 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 116 in Roanoke. Monthly utility bills average approximately $424 in Peoria vs $464 in Roanoke. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 86 in Peoria and 91 in Roanoke. 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 $97,300 in Peoria and $52,700 in Roanoke. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $86,106 and $65,062 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 $1,230/month in Roanoke. In Peoria, median rent of $1,725/mo fits within this budget. In Roanoke, median rent of $1,075/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 92 index points — focus your budget analysis there.
Frequently Asked Questions
Moving & Relocation Resources
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