City Comparison

Peoria vs Stockholm

Cost of Living Comparison · 2026

Peoria

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

Stockholm

Sweden
97
Average
$445,000
Median Home
$1,500/mo
Median Rent
$50,000
Median Income

The Verdict

21.6%

The cost gap between these cities is 21.6%, with Peoria being the more affordable option. A $75,000 income in Peoria has equivalent purchasing power to $95,724 in Stockholm.

Category-by-Category Breakdown

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

Housing
42
Peoria
118
Stockholm
Groceries
97
Peoria
92
Stockholm
Utilities
103
Peoria
88
Stockholm
Transportation
108
Peoria
108
Stockholm
Healthcare
107
Peoria
82
Stockholm

Salary Equivalence

A $75,000 salary in Peoria has the same purchasing power as $95,724 in Stockholm.

Conversely, $75,000 in Stockholm equals $58,763 in Peoria.

Living in Peoria vs Stockholm

Housing Costs

Peoria's housing index of 42 is lower Stockholm's 118, translating to median home prices of $164,000 vs $445,000. The $281,000 difference in home prices means roughly $18,264 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Peoria compared to $1,500/mo in Stockholm, a monthly difference of $500.

Grocery & Food Costs

Grocery expenses index at 97 in Peoria and 92 in Stockholm. A household spending the national average of $475/month on groceries would pay approximately $461/month in Peoria vs $437/month in Stockholm. 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 88 in Stockholm. Monthly utility bills average approximately $412 in Peoria vs $352 in Stockholm. 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 107 in Peoria and 82 in Stockholm. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 25-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 $50,000 in Stockholm. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $77,237 and $51,546 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 $1,167/month in Stockholm. In Peoria, median rent of $1,000/mo fits within this budget. In Stockholm, median rent of $1,500/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 76 index points — focus your budget analysis there.

Frequently Asked Questions

Peoria is 21.6% more affordable overall with an index of 76 vs 97.
A $75,000 salary in Peoria has equivalent purchasing power to approximately $95,724 in Stockholm, based on the cost of living difference.
Peoria's housing index is 42 with median homes at $164,000, while Stockholm's is 118 with median homes at $445,000.

Moving & Relocation Resources

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