Peoria is 7% 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
$3,112
$2,185
🛏️ 2-bedroom rent
$2,480
$1,814
💵 Families earn per year
$104,986
$103,336
🔑 Buying a house
$731,700
$463,600
📊 Overall prices (U.S. = 100)
108.3
100.7
🏛️ Property tax per year
$4,456
$2,160
⚡ Electric bill per month
$113
$204
👥 People living there
666,442
196,906
Commute to work
30.3 min
28.2 min
College degree
54.9%
36.3%
Own their home
35.7%
76%
Below poverty line
16.6%
8.4%
Unemployment
6.1%
4%
Bottom line
- Pick Boston for higher incomes, a more educated workforce.
- Pick Peoria for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
Frequently asked questions
Is Boston or Peoria cheaper to live in?
Peoria is about 7% cheaper overall. Rent is $2,185 a month there versus $3,112 in Boston.
What salary do I need in Peoria to match $60,000 in Boston?
About $55,794 a year gives the same standard of living in Peoria.
Where do people earn more, Boston or Peoria?
The typical household earns $104,986 in Boston and $103,336 in Peoria, 2% more in Boston.