City Comparison

Peoria vs Sarasota

Cost of Living Comparison · 2026

Peoria

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

Sarasota

Florida
112
Above Average
$380,000
Median Home
$1,800/mo
Median Rent
$52,147
Median Income

The Verdict

32.1%

Living in Peoria costs 32.1% less than Sarasota. To match the purchasing power of a $75,000 salary in Peoria, you would need $110,526 in Sarasota.

Category-by-Category Breakdown

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

Housing
42
Peoria
132
Sarasota
Groceries
97
Peoria
104
Sarasota
Utilities
103
Peoria
95
Sarasota
Transportation
108
Peoria
104
Sarasota
Healthcare
107
Peoria
97
Sarasota

Salary Equivalence

A $75,000 salary in Peoria has the same purchasing power as $110,526 in Sarasota.

Conversely, $75,000 in Sarasota equals $50,893 in Peoria.

Living in Peoria vs Sarasota

Housing Costs

Peoria's housing index of 42 is lower Sarasota's 132, translating to median home prices of $164,000 vs $380,000. The $216,000 difference in home prices means roughly $14,040 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Peoria compared to $1,800/mo in Sarasota, a monthly difference of $800.

Grocery & Food Costs

Grocery expenses index at 97 in Peoria and 104 in Sarasota. A household spending the national average of $475/month on groceries would pay approximately $461/month in Peoria vs $494/month in Sarasota. Peoria offers a meaningful advantage on everyday food costs, saving roughly $396/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 103 in Peoria and 95 in Sarasota. Monthly utility bills average approximately $412 in Peoria vs $380 in Sarasota. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 107 in Peoria and 97 in Sarasota. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 10-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 $52,147 in Sarasota. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $77,237 and $46,560 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 $1,370/month to housing in Peoria vs $1,217/month in Sarasota. In Peoria, median rent of $1,000/mo fits within this budget. In Sarasota, median rent of $1,800/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 90 index points — focus your budget analysis there.

Frequently Asked Questions

Peoria is 32.1% more affordable overall with an index of 76 vs 112.
A $75,000 salary in Peoria has equivalent purchasing power to approximately $110,526 in Sarasota, based on the cost of living difference.
Peoria's housing index is 42 with median homes at $164,000, while Sarasota's is 132 with median homes at $380,000.

Moving & Relocation Resources

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