Austin is 3% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Peoria to live the same way.
🏠 Rent per month
$1,932
$2,185
🛏️ 2-bedroom rent
$1,941
$1,814
💵 Families earn per year
$101,010
$103,336
🔑 Buying a house
$555,300
$463,600
📊 Overall prices (U.S. = 100)
98.1
100.7
🏛️ Property tax per year
$8,024
$2,160
⚡ Electric bill per month
$134
$204
👥 People living there
979,539
196,906
Commute to work
23.7 min
28.2 min
College degree
59.6%
36.3%
Own their home
43.4%
76%
Below poverty line
12%
8.4%
Unemployment
4.7%
4%
Bottom line
- Pick Austin for lower rent, shorter commutes, a more educated workforce.
- Pick Peoria for cheaper 2-bedroom apartments, higher incomes, cheaper homes and 2 more.
Frequently asked questions
Is Austin or Peoria cheaper to live in?
Austin is about 3% cheaper overall. Rent is $1,932 a month there versus $2,185 in Peoria.
What salary do I need in Peoria to match $60,000 in Austin?
About $61,597 a year gives the same standard of living in Peoria.
Where do people earn more, Austin or Peoria?
The typical household earns $101,010 in Austin and $103,336 in Peoria, 2% more in Peoria.