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Cost of living in Peoria, IL

Livability score 69 · cost-of-living index 88.8 (US = 100)

Peoria, IL
Photo: Wikimedia Commons · CC BY-SA 2.5

How Peoria compares

Where Peoria falls within the range of all 200 metros (marker = this city).

Cost-of-living index (US=100) 85 118 Cost-of-living index (US=100): 89 — range 85 to 118 across all metros 89 Median home price $149k $1610k Median home price: $173k — range $149k to $1610k across all metros $173k Price per sqft (more house = lower) $88 $1074 Price per sqft (more house = lower): $102 — range $88 to $1074 across all metros $102 Combined sales tax 0.0% 11.5% Combined sales tax: 8.9% — range 0.0% to 11.5% across all metros 8.9% Property tax rate 0.28% 2.76% Property tax rate: 2.19% — range 0.28% to 2.76% across all metros 2.19% Violent crime (per 100k, state avg) 110 1,000 Violent crime (per 100k, state avg): 430 — range 110 to 1,000 across all metros 430 Electricity (¢/kWh) 12.3 46.6 Electricity (¢/kWh): 20.5 — range 12.3 to 46.6 across all metros 20.5 Avg summer high (°F) 65° 104° Avg summer high (°F): 85° — range 65° to 104° across all metros 85° Avg winter low (°F) -2° 72° Avg winter low (°F): 15° — range -2° to 72° across all metros 15°

Map of Peoria

Grocery stores, parks, golf courses and more — real listings. Toggle categories in the legend.

Map data © OpenStreetMap contributors · business listings via Google Maps

Cost of living

MetricValueScopeUS rank
Cost-of-living index (US=100) 88.8 metro-area #13 of 200
Grocery index (US=100) 93.1 metro-area #20 of 200
Big Mac price (est.) $5.05 metro-area #12 of 200
Median household income $67,718 metro-area #123 of 200
Median wage (all occupations) $41,129 metro-area #86 of 200

Who lives here

MetricValueScopeUS rank
Median age 40.0 years metro-area #142 of 200
Bachelor's degree or higher (25+) 31.6% metro-area #115 of 200
Foreign-born residents 4.1% metro-area #177 of 200
Homes that are owner-occupied 72.9% metro-area #21 of 200

Economy

MetricValueScopeUS rank
Unemployment rate 5.30% metro-area #113 of 200
Population growth (5-yr) +6.5% metro-area #62 of 200

Housing — what your money buys

MetricValueScopeUS rank
Median home price $172,742 metro-area #3 of 200
Home price ÷ income (affordability) 2.6× metro-area #1 of 200
1-yr home appreciation +7.7% metro-area #3 of 200
Price per square foot $102 metro-area #9 of 200
Typical home size (implied) 1,700 sqft
Median rent (monthly) $1,179 metro-area #11 of 200
Homes for sale (inventory) 998
Median days on market 6 metro-area #5 of 200

Taxes

MetricValueScopeUS rank
Total tax burden (est. % of income) 12.9% state #164 of 200
Combined sales tax 8.86% state #169 of 200
State income tax (top rate) 4.95%
Capital gains tax 4.95% state #112 of 200
High earners No special surtax
Social Security in retirement Not taxed — does not tax Social Security benefits
Effective property tax rate 2.19% metro-area #191 of 200
Median property tax paid $3,319 metro-area #135 of 200

Health & childcare

MetricValueScopeUS rank
Life expectancy at birth 76.1 years metro-area #118 of 200
Healthcare (annual, single adult) $6,800 state #93 of 200
Uninsured (share of residents) 5.5% metro-area #28 of 200
Primary care providers per 100k 87 metro-area #44 of 200
Childcare (annual, infant, center) $14,000 state #138 of 200

Vehicles & commute

MetricValueScopeUS rank
Annual registration $150 state #125 of 200
Vehicle property tax (annual) None state #1 of 200
Emissions testing Required
Emissions detail Required in major metro counties
DMV & license offices 4
Avg commute to work 21 min metro-area #26 of 200
Commute by driving alone 79.3% metro-area #170 of 200
Solo drivers commuting 30+ min 21.6% metro-area #19 of 200

Utilities & fuel

MetricValueScopeUS rank
Electricity 20.5¢/kWh state #138 of 200
Avg monthly electric bill $184 state #138 of 200
Gasoline $3.60/gal state #159 of 200
Natural gas (avg monthly bill) $82 state #167 of 200
Water & sewer (avg monthly bill) $57 state #7 of 200
Home internet (avg monthly bill) $77 state #67 of 200

Insurance

MetricValueScopeUS rank
Home insurance (annual) $1,900 state #106 of 200
Auto insurance (annual) $1,600 state #51 of 200

Disaster risk & supplemental insurance

MetricValueScopeUS rank
Main natural hazards Notable hazards: tornadoes, earthquakes — separate flood/quake/windstorm policies may be needed.
FEMA National Risk Index (0–100, higher = more risk) 79.8 — Relatively Low metro-area #24 of 200
Flood insurance (annual, NFIP) $700 state #61 of 200
Earthquake insurance (annual) $300 state #143 of 200

Climate & air quality

MetricValueScopeUS rank
Air quality (median AQI, lower=cleaner) 44 metro-area #76 of 200
Cooling degree-days (AC load) 900 metro-area #66 of 200
Homes with air conditioning (state) 96% state #4 of 200
Heating degree-days (heat load) 6,200 metro-area #178 of 200
Days per year ≥ 90°F 19 metro-area #81 of 200
Days per year ≥ 100°F 1 metro-area #105 of 200
Avg summer high (state) 85°F metro-area #59 of 200
Avg winter low 15°F metro-area #182 of 200
Annual precipitation 40.9" metro-area #86 of 200
Annual snowfall 38.8" metro-area #151 of 200
Sunshine (% of possible) 54% metro-area #161 of 200
Plant hardiness zone 6a
Frost window 04-30 → 10-15

Safety

MetricValueScopeUS rank
Violent crime (per 100k, state avg) 430 state #111 of 200
Property crime (per 100k, state avg) 1,700 state #47 of 200

Local amenities & recreation

MetricValueScopeUS rank
Grocery stores 120 metro-area #5 of 200
Parks 60
Hiking areas 15
Golf courses 15
Shooting ranges 4
Lakes 4

Permits

MetricValueScopeUS rank
Building permit difficulty (1–5) 4 state #147 of 200
Permit detail Difficult; zoning + review

US rank = this metro's position among all 200 metros (1 = best: cheapest / safest / highest income, etc.). Childcare is a family cost, not included in the salary-equivalence total.

Top employers in Peoria

Major public and private employers in the Peoria, IL area.

EmployerSectorJobs
OSF Healthcare Healthcare Careers →
Caterpillar Inc. Manufacturing Careers →
Broadlawns Medical Center Healthcare Search →
Illinois Central College Education Careers →

Salaries by occupation in Peoria

Local median pay, BLS OEWS. All occupations →

OccupationMedian pay
Dentists $155,370
Financial Managers $132,720
Pharmacists $132,650
Physician Assistants $128,800
Human Resources Managers $124,260
Marketing Managers $121,840
Software Developers $117,900
Mechanical Engineers $110,080
Lawyers $109,360
Construction Managers $99,640
Data Scientists $99,530
Physical Therapists $99,280
Civil Engineers $96,470
General & Operations Managers $93,210
Electricians $83,560
Web Developers $81,300
Plumbers, Pipefitters & Steamfitters $79,110
Police & Sheriff's Patrol Officers $78,960
Registered Nurses $78,090
Accountants & Auditors $71,020
Dental Hygienists $70,780
Carpenters $65,060
Elementary School Teachers $58,850
Heavy & Tractor-Trailer Truck Drivers $48,540
Graphic Designers $48,080
Welders, Cutters & Solderers $47,200
Medical Assistants $39,570
Real Estate Sales Agents $37,380

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