Peoria, IL Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2021-02-06
92
Peoria's Overall Cost Of Living
0.9x
Lower Than The National Average
106 out of 338
In Illinois
2,059 out of 6,399
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Peoria is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Peoria, IL?

According to the most recent data on the cost of living, Peoria has an overall cost of living index of 92 which is 0.9x lower than the national index of 100.

Compared to only Illinois, Peoria has a cost of living index that's 0.9x lower than Illinois's index of 98.

The standard of living in Peoria ranks as #2,060 most affordable out of the 6,522 places we measured in Illinois. By definition, that implies Peoria ranks as the #4,346 most expensive place in the Prairie State.

For more reading on life in Peoria, check out:

Peoria Cost Of Living Vs. Illinois

Living Expense Peoria Illinois National Average
Overall 92 98 100
Services 103 98 100
Groceries 91 97 100
Health 95 100 100
Housing 72 95 100
Transportation 108 112 100
Utilities 98 97 100
For more reading on cost of living around Illinois, check out:
Peoria Cost of Living Vs. IL

Peoria, IL Housing Cost Breakdown

Housing swings affordability the most between places in Illinois, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$125,700
Median Home Value
$806
Median Rent
$51,771
Median Income
Statistic Peoria Illinois United States
Median Home Value $125,700 $194,500 $217,500
Median Rent $806 $1,010 $1,062
Median Income $51,771 $65,886 $62,843
Home Value To Income 2.4x 3.0x 3.5x
Rent To Monthly Income 0.19x 0.18x 0.2x

Detailed Peoria Services Costs Vs. Illinois

Item Peoria Illinois
Shampoo $1.71 $1.01
Movie $7.91 $10.72
Bowling $15.0 $13.86

Detailed Peoria Groceries Costs Vs. Illinois

Item Peoria Illinois
Ground Beef $3.24 $3.9
Fried Chicken $1.03 $1.4
Milk $1.04 $1.96

Detailed Peoria Health Costs Vs. Illinois

Item Peoria Illinois
Haircut $18.0 $17.49
Beauty Salon $32.5 $38.17
Toothpaste $2.49 $2.32

Detailed Peoria Transportation Costs Vs. Illinois

Item Peoria Illinois
Potatoes $3.11 $3.18
Pizza $10.99 $10.39
Beer $7.99 $9.23
Optometrist $127.88 $106.34
Doctor $106.5 $115.25
Dentist $87.5 $98.38

Detailed Peoria Utilities Costs Vs. Illinois

Item Peoria Illinois
Gasoline $2.99 $2.59
Tire Balancing $48.0 $48.9
All Electricity $157.13 $167.6
Phone $188.52 $163.42

Peoria SnackAbility

6
/10
Overall SnackAbility
Jobs
5/10
Housing
6
Affordability
8
Diversity
9
Safety
3
Amenities
9
Education
8
Commute
9

Cost Of Living In Cities Around Peoria

City Population Cost Of Living Vs. Peoria
Pekin, IL 32,846 88 1.0x
East Peoria, IL 22,851 91 1.0x
Washington, IL 16,567 98 1.1x
Morton, IL 16,562 100 1.1x
Bartonville, IL 6,249 91 1.0x
Chillicothe, IL 6,218 90 1.0x
Peoria Heights, IL 5,860 87 0.9x
Eureka, IL 5,731 90 1.0x
Creve Coeur, IL 5,213 86 0.9x

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