City Comparison

Peoria vs Reno

Cost of Living Comparison · 2026

Peoria

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

Reno

Nevada
111
Above Average
$450,000
Median Home
$1,600/mo
Median Rent
$61,648
Median Income

The Verdict

31.5%

Peoria is 31.5% less expensive than Reno overall. A household earning $75,000 in Peoria would need approximately $109,539 in Reno to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
42
Peoria
133
Reno
Groceries
97
Peoria
102
Reno
Utilities
103
Peoria
93
Reno
Transportation
108
Peoria
105
Reno
Healthcare
107
Peoria
96
Reno

Salary Equivalence

A $75,000 salary in Peoria has the same purchasing power as $109,539 in Reno.

Conversely, $75,000 in Reno equals $51,351 in Peoria.

Living in Peoria vs Reno

Housing Costs

Peoria's housing index of 42 is lower Reno's 133, translating to median home prices of $164,000 vs $450,000. The $286,000 difference in home prices means roughly $18,588 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Peoria compared to $1,600/mo in Reno, a monthly difference of $600.

Grocery & Food Costs

Grocery expenses index at 97 in Peoria and 102 in Reno. A household spending the national average of $475/month on groceries would pay approximately $461/month in Peoria vs $485/month in Reno. 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 103 in Peoria and 93 in Reno. Monthly utility bills average approximately $412 in Peoria vs $372 in Reno. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 107 in Peoria and 96 in Reno. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 11-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $58,700 in Peoria and $61,648 in Reno. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $77,237 and $55,539 respectively. Peoria residents enjoy stronger real purchasing power despite lower nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,370/month to housing in Peoria vs $1,438/month in Reno. In Peoria, median rent of $1,000/mo fits within this budget. In Reno, median rent of $1,600/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 91 index points — focus your budget analysis there.

Frequently Asked Questions

Peoria is 31.5% more affordable overall with an index of 76 vs 111.
A $75,000 salary in Peoria has equivalent purchasing power to approximately $109,539 in Reno, based on the cost of living difference.
Peoria's housing index is 42 with median homes at $164,000, while Reno's is 133 with median homes at $450,000.

Moving & Relocation Resources

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