City Comparison

Peoria vs Wilmington

Cost of Living Comparison · 2026

Peoria

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

Wilmington

North Carolina
103
Average
$320,000
Median Home
$1,400/mo
Median Rent
$48,432
Median Income

The Verdict

9.7%

Wilmington is 9.7% less expensive than Peoria overall. A household earning $75,000 in Peoria would need approximately $68,363 in Wilmington to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
149
Peoria
108
Wilmington
Groceries
98
Peoria
101
Wilmington
Utilities
106
Peoria
94
Wilmington
Transportation
95
Peoria
99
Wilmington
Healthcare
86
Peoria
106
Wilmington

Salary Equivalence

A $75,000 salary in Peoria has the same purchasing power as $68,363 in Wilmington.

Conversely, $75,000 in Wilmington equals $82,282 in Peoria.

Living in Peoria vs Wilmington

Housing Costs

Peoria's housing index of 149 is higher Wilmington's 108, translating to median home prices of $495,000 vs $320,000. The $175,000 difference in home prices means roughly $11,376 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,725/mo in Peoria compared to $1,400/mo in Wilmington, a monthly difference of $325.

Grocery & Food Costs

Grocery expenses index at 98 in Peoria and 101 in Wilmington. A household spending the national average of $475/month on groceries would pay approximately $466/month in Peoria vs $480/month in Wilmington. 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 94 in Wilmington. Monthly utility bills average approximately $424 in Peoria vs $376 in Wilmington. 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 86 in Peoria and 106 in Wilmington. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 20-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 $48,432 in Wilmington. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $86,106 and $47,021 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 $1,130/month in Wilmington. In Peoria, median rent of $1,725/mo fits within this budget. In Wilmington, median rent of $1,400/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 41 index points — focus your budget analysis there.

Frequently Asked Questions

Wilmington is 9.7% more affordable overall with an index of 103 vs 113.
A $75,000 salary in Peoria has equivalent purchasing power to approximately $68,363 in Wilmington, based on the cost of living difference.
Peoria's housing index is 149 with median homes at $495,000, while Wilmington's is 108 with median homes at $320,000.

Moving & Relocation Resources

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