Peoria Heights, IL Cost Of Living
Cost Of Living In Peoria Heights, IL Summary
Cost of living in Peoria Heights 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 Peoria Heights 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 Peoria Heights is 86, with 100 being the average.
The cost of living index in Peoria Heights is 0.9x lower than the national average.
Peoria Heights ranks as the #54 cheapest in Illinois out of 336.
Peoria Heights ranks as the #639 cheapest out of 6,489 in the US.
The median home value in Peoria Heights is $116,431.
The median income in Peoria Heights is $62,083.
Table Of Contents
Peoria Heights's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Peoria Heights, IL?
According to the most recent data on the cost of living, Peoria Heights has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Illinois, Peoria Heights has a cost of living index that's 0.9x lower than Illinois's index of 97.
The standard of living in Peoria Heights ranks as #54 most affordable out of the 336 places we measured in Illinois. By definition, that implies Peoria Heights ranks as the #282 most expensive place in the Prairie State.
For more reading on life in Peoria Heights, check out:
In Illinois
In America
Peoria Heights Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Peoria Heights. Here is how it fairs on each of the criteria:
The Services index in Peoria Heights is 96.
The Groceries index in Peoria Heights is 99.
The Health index in Peoria Heights is 84.
The Housing index in Peoria Heights is 55.
The Transportation index in Peoria Heights is 102.
The Utilities index in Peoria Heights is 89.
| Living Expense | Peoria Heights | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 86 | 97 | 100 | |
| Services | 96 | 95 | 100 | |
| Groceries | 99 | 99 | 100 | |
| Health | 84 | 93 | 100 | |
| Housing | 55 | 95 | 100 | |
| Transportation | 102 | 102 | 100 | |
| Utilities | 89 | 91 | 100 | |
Peoria Heights, 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 2019-2023. The key points are:
The Median Home Value in Peoria Heights is $116,431.
The Median Rent in Peoria Heights is $921.
The Median Income in Peoria Heights is $62,083.
The Home Value To Income in Peoria Heights is 1.9x.
The Rent To Monthly Income in Peoria Heights is 0.18x.
| Statistic | Peoria Heights | Illinois | United States |
|---|---|---|---|
| Median Home Value | $116,431 | $283,508 | $303,400 |
| Median Rent | $921 | $1,227 | $1,348 |
| Median Income | $62,083 | $81,702 | $78,538 |
| Home Value To Income | 1.9x | 3.5x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Peoria Heights, IL Costs By Category
Detailed Peoria Heights Services Costs Vs. Illinois
| Item | Peoria Heights | Illinois |
|---|---|---|
| Shampoo | $1.35 | $1.28 |
| Movie | $9.91 | $12.13 |
| Bowling | $15.0 | $18 |
| Haircut | $25.0 | $24.26 |
| Beauty Salon | $39.0 | $45.56 |
Detailed Peoria Heights Groceries Costs Vs. Illinois
| Item | Peoria Heights | Illinois |
|---|---|---|
| Ground Beef | $6.23 | $5.84 |
| Fried Chicken | $1.61 | $1.57 |
| Milk | $4.74 | $4.67 |
| Potatoes | $4.97 | $4.93 |
| Pizza | $12.49 | $12.09 |
| Beer | $10.32 | $10.41 |
| Toothpaste | $3.8 | $3.7 |
Detailed Peoria Heights Health Costs Vs. Illinois
| Item | Peoria Heights | Illinois |
|---|---|---|
| Optometrist | $119.25 | $125.68 |
| Doctor | $128.33 | $135.78 |
| Dentist | $81.17 | $113.29 |
Detailed Peoria Heights Transportation Costs Vs. Illinois
| Item | Peoria Heights | Illinois |
|---|---|---|
| Gasoline | $3.68 | $3.46 |
| Tire Balancing | $53.33 | $59.92 |
Detailed Peoria Heights Utilities Costs Vs. Illinois
| Item | Peoria Heights | Illinois |
|---|---|---|
| All Electricity | $158.51 | $193.99 |
| Phone | $197.49 | $192.25 |
Peoria Heights SnackAbility
/10
Cost Of Living In Cities Around Peoria Heights
The cost of living varies in the cities and towns around Peoria Heights. 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 89, 1.0x Peoria Heights.
Pekin, IL has a cost of living index of 85, 1.0x Peoria Heights.
East Peoria, IL has a cost of living index of 90, 1.0x Peoria Heights.
| City | Population | Cost Of Living | Vs. Peoria Heights |
|---|---|---|---|
| Peoria, IL | 112,126 | 89 | 1.0x |
| Pekin, IL | 31,812 | 85 | 1.0x |
| East Peoria, IL | 22,485 | 90 | 1.0x |
| Morton, IL | 16,503 | 96 | 1.1x |
| Washington, IL | 15,946 | 95 | 1.1x |
| Chillicothe, IL | 6,185 | 86 | 1.0x |
| Bartonville, IL | 5,854 | 87 | 1.0x |
| Eureka, IL | 5,095 | 89 | 1.0x |
