Cost of Living in Peoria, IL
Overall index: 69 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 43 | -57% | $666 |
| Transportation | 108 | +8% | $3.50 |
| Food | 79 | -21% | $324 |
| Utilities | 72 | -28% | $77 |
| Healthcare | 72 | -28% | $56 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Peoria?
A single adult living comfortably in Peoria, IL needs approximately $24,150 / year after taxes.
Already earning a salary somewhere else? Compare it directly:
Frequently Asked Questions
What is the cost of living in Peoria, IL?
The overall cost of living in Peoria, IL is 31% lower than the US national average (index: 69 where 100 = national average).
How much is rent in Peoria, IL?
Average rent for a 1-bedroom apartment in Peoria, IL is about $666/month.
Is Peoria, IL expensive to live in?
No, Peoria, IL is affordable (below national average).
What salary do I need to live in Peoria, IL?
A single adult needs roughly $24,150/year to cover basic living costs in Peoria, IL.