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Anchorage vs Peoria: which is cheaper?

Peoria is 4% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $57,301 in Peoria to live the same way.

🏠 Rent per month
$1,651
$2,185
🛏️ 2-bedroom rent
$1,565
$1,814
💵 Families earn per year
$111,392
$103,336
🔑 Buying a house
$395,900
$463,600
📊 Overall prices (U.S. = 100)
105.4
100.7
🏛️ Property tax per year
$4,982
$2,160
⚡ Electric bill per month
$136
$204
👥 People living there
288,976
196,906
Commute to work
18.8 min
28.2 min
College degree
38.7%
36.3%
Own their home
63.9%
76%
Below poverty line
8.9%
8.4%
Unemployment
4.6%
4%

Bottom line

Frequently asked questions

Is Anchorage or Peoria cheaper to live in?

Peoria is about 4% cheaper overall. Rent is $2,185 a month there versus $1,651 in Anchorage.

What salary do I need in Peoria to match $60,000 in Anchorage?

About $57,301 a year gives the same standard of living in Peoria.

Where do people earn more, Anchorage or Peoria?

The typical household earns $111,392 in Anchorage and $103,336 in Peoria, 8% more in Anchorage.

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