City Comparison

Peoria vs Yonkers

Cost of Living Comparison · 2026

Peoria

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

Yonkers

New York
142
Expensive
$635,000
Median Home
$2,200/mo
Median Rent
$80,600
Median Income

The Verdict

46.5%

Peoria is 46.5% less expensive than Yonkers overall. A household earning $75,000 in Peoria would need approximately $140,132 in Yonkers to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
42
Peoria
203
Yonkers
Groceries
97
Peoria
106
Yonkers
Utilities
103
Peoria
117
Yonkers
Transportation
108
Peoria
116
Yonkers
Healthcare
107
Peoria
107
Yonkers

Salary Equivalence

A $75,000 salary in Peoria has the same purchasing power as $140,132 in Yonkers.

Conversely, $75,000 in Yonkers equals $40,141 in Peoria.

Living in Peoria vs Yonkers

Housing Costs

Peoria's housing index of 42 is lower Yonkers's 203, translating to median home prices of $164,000 vs $635,000. The $471,000 difference in home prices means roughly $30,612 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Peoria compared to $2,200/mo in Yonkers, a monthly difference of $1,200.

Grocery & Food Costs

Grocery expenses index at 97 in Peoria and 106 in Yonkers. A household spending the national average of $475/month on groceries would pay approximately $461/month in Peoria vs $504/month in Yonkers. Peoria offers a meaningful advantage on everyday food costs, saving roughly $516/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 103 in Peoria and 117 in Yonkers. Monthly utility bills average approximately $412 in Peoria vs $468 in Yonkers. 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 107 in Yonkers. 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 $58,700 in Peoria and $80,600 in Yonkers. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $77,237 and $56,761 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 $1,881/month in Yonkers. In Peoria, median rent of $1,000/mo fits within this budget. In Yonkers, median rent of $2,200/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 161 index points — focus your budget analysis there.

Frequently Asked Questions

Peoria is 46.5% more affordable overall with an index of 76 vs 142.
A $75,000 salary in Peoria has equivalent purchasing power to approximately $140,132 in Yonkers, based on the cost of living difference.
Peoria's housing index is 42 with median homes at $164,000, while Yonkers's is 203 with median homes at $635,000.

Moving & Relocation Resources

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