Cost of living index
Peoria, IL
91.2 / 100
Living in Peoria, IL is 8.8% cheaper than the US average.
Overall prices
91.2
Housing / rent
63.8
vs US average
−8.8%
What it costs to live in Peoria, IL
Peoria, IL has an overall price level of 91.2 compared with the national average of 100, meaning everyday costs run about 8.8% lower than a typical US metro. Housing tells the sharper story: at 63.8 it is 36.2% below the national average. Because rent and mortgage payments are the biggest line in most household budgets, that housing figure is usually what you’ll feel most when you move here.
Common questions
Is Peoria, IL an expensive place to live?
Peoria, IL has an overall cost-of-living index of 91.2, where 100 is the US average. That makes it about 8.8% cheaper than the country as a whole.
Is housing expensive in Peoria, IL?
Housing in Peoria, IL scores 63.8 against a US average of 100 — roughly 36.2% below average. Housing is usually the largest single cost, so it drives most of the overall difference.
How does Peoria, IL compare to the US average cost of living?
Overall prices in Peoria, IL sit at 91.2 versus 100 for the US average, with housing at 63.8. Figures come from the US Bureau of Economic Analysis for 2024.