Cost of Living / Peoria, IL Metro
Cost of Living in Peoria, IL Metro
Official metro name: Peoria, IL Metro Area
Peoria, IL Metro has a population of 401,702. Median household income is $67,718 and median rent is $881 per month. Rent is roughly 15.6% of median monthly income.
State: ILPopulation: 401,702Income: $67,718Rent: $881Affordability: Affordable (15.6%)
Median Household Income
$67,718
Annual (ACS median)
Median Rent
$881
Monthly (ACS median gross rent)
Rent as % of Income
15.6%
rent ÷ (income/12)
Cost Index
90
Simplified relative index
Is Peoria, IL Metro expensive?
Based on median rent and income, Peoria, IL Metro has a Affordable rent burden. Median rent is $881, which is about 15.6% of median monthly household income.
Average rent in Peoria, IL Metro
Median rent (ACS) is $881 per month. (Neighborhoods vary widely.)
How much income do you need in Peoria, IL Metro?
Median household income (ACS) is $67,718 per year. Housing costs take a bigger share of income when rent burden is high.
Other metros in IL
Compare Peoria, IL Metro with nearby metros:
Data sources
- US Census Bureau American Community Survey (ACS).
- Affordability metric: median rent ÷ (median household income / 12).
- Figures are metro-level medians; local variation is expected.