East Peoria, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In East Peoria, IL Summary

Cost of living in East Peoria research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means East Peoria is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in East Peoria is 87, with 100 being the average.

  • The cost of living index in East Peoria is 0.9x lower than the national average.

  • East Peoria ranks as the #71 cheapest in Illinois out of 338.

  • East Peoria ranks as the #1,101 cheapest out of 6,412 in the US.

  • The median home value in East Peoria is $146,500.

  • The median income in East Peoria is $68,246.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
87
East Peoria's Overall Cost Of Living
0.9x
Lower Than The National Average

What is the cost of living in East Peoria, IL?

According to the most recent data on the cost of living, East Peoria has an overall cost of living index of 87, which is 0.9x lower than the national index of 100.

Compared to Illinois, East Peoria has a cost of living index that's 0.9x lower than Illinois's index of 92.

The standard of living in East Peoria ranks as #71 most affordable out of the 338 places we measured in Illinois. By definition, that implies East Peoria ranks as the #267 most expensive place in the Prairie State.

For more reading on life in East Peoria, check out:

71 out of 338
In Illinois
1,101 out of 6,412
In America

East Peoria Cost Of Living Vs. Illinois

Six factors go into calculating the cost of living index in East Peoria. Here is how it fairs on each of the criteria:

  • The Services index in East Peoria is 92.

  • The Groceries index in East Peoria is 96.

  • The Health index in East Peoria is 91.

  • The Housing index in East Peoria is 73.

  • The Transportation index in East Peoria is 104.

  • The Utilities index in East Peoria is 98.

Living Expense East Peoria Illinois National Average
Overall 87 92 100
Services 92 95 100
Groceries 96 98 100
Health 91 96 100
Housing 73 81 100
Transportation 104 105 100
Utilities 98 90 100
For more reading on cost of living around Illinois, check out:
East Peoria Cost of Living Vs. IL

East Peoria, IL Housing Cost Breakdown

Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in East Peoria is $146,500.

  • The Median Rent in East Peoria is $766.

  • The Median Income in East Peoria is $68,246.

  • The Home Value To Income in East Peoria is 2.1x.

  • The Rent To Monthly Income in East Peoria is 0.13x.

Statistic East Peoria Illinois United States
Median Home Value $146,500 $212,600 $244,900
Median Rent $766 $1,097 $1,163
Median Income $68,246 $72,563 $69,021
Home Value To Income 2.1x 2.9x 3.5x
Rent To Monthly Income 0.13x 0.18x 0.2x
Search Homes For Sale In East Peoria, IL
$146,500
Median Home Value
$766
Median Rent
$68,246
Median Income

East Peoria, IL Costs By Category

Detailed East Peoria Services Costs Vs. Illinois

Item East Peoria Illinois
Shampoo $1.57 $1.06
Movie $6.86 $10.68
Bowling $15.0 $14.67
Haircut $21.67 $18.62
Beauty Salon $30.0 $39.05

Detailed East Peoria Groceries Costs Vs. Illinois

Item East Peoria Illinois
Ground Beef $3.91 $4.22
Fried Chicken $1.03 $1.39
Milk $1.32 $2.05
Potatoes $3.3 $3.29
Pizza $11.16 $10.62
Beer $7.53 $9.38
Toothpaste $2.27 $2.34

Detailed East Peoria Health Costs Vs. Illinois

Item East Peoria Illinois
Optometrist $141.52 $108.57
Doctor $114.08 $116.17
Dentist $79.0 $99.13

Detailed East Peoria Transportation Costs Vs. Illinois

Item East Peoria Illinois
Gasoline $2.36 $2.22
Tire Balancing $48.33 $50.07

Detailed East Peoria Utilities Costs Vs. Illinois

Item East Peoria Illinois
All Electricity $161.97 $167.67
Phone $191.29 $175.64

East Peoria SnackAbility

6
/10
Overall SnackAbility
Jobs
8/10
Housing
6
Affordability
9
Diversity
5
Safety
N/A
Amenities
8
Education
8
Commute
9

Cost Of Living In Cities Around East Peoria

The cost of living varies in the cities and towns around East Peoria. Here's a quick look at the cost of living in the most populous nearby places:

  • Peoria, IL has a cost of living index of 87, 1.0x East Peoria.

  • Pekin, IL has a cost of living index of 84, 1.0x East Peoria.

  • Morton, IL has a cost of living index of 97, 1.1x East Peoria.

City Population Cost Of Living Vs. East Peoria
Peoria, IL 113,672 87 1.0x
Pekin, IL 32,398 84 1.0x
Morton, IL 16,591 97 1.1x
Washington, IL 16,008 95 1.1x
Chillicothe, IL 6,272 88 1.0x
Bartonville, IL 6,005 89 1.0x
Peoria Heights, IL 5,940 81 0.9x
Eureka, IL 5,569 84 1.0x

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