CostByCity

Detroit, MI vs Peoria, IL

Cost of Living Comparison

Peoria, IL is more affordable by 9.1 index points

Side-by-Side Comparison

CategoryDetroit, MIPeoria, ILDifference
Overall100.391.2+9.1
Housing94.763.8+30.9
Goods98.893.6+5.2
Utilities107.090.5+16.5
Other Services102.699.6+3.0

Income & Housing Comparison

MetricDetroit, MIPeoria, IL
Median Household Income$72,456$67,718
Median Home Value$223,800$151,300
Median Monthly Rent$1,112$881
Per Capita Income$40,536$38,124

Frequently Asked Questions

Is Detroit, MI or Peoria, IL cheaper to live in?
Peoria, IL is more affordable. The cost of living difference is 9.1 index points (Detroit, MI: 100.3, Peoria, IL: 91.2).
Where is housing cheaper, Detroit, MI or Peoria, IL?
Housing is more affordable in Peoria, IL. Housing index: Detroit, MI (94.7) vs Peoria, IL (63.8).