salaryChesapeake 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
$1,849
$2,185
🛏️ 2-bedroom rent
$1,567
$1,814
💵 Families earn per year
$102,860
$103,336
🔑 Buying a house
$378,400
$463,600
📊 Overall prices (U.S. = 100)
97.9
100.7
🏛️ Property tax per year
$3,108
$2,160
⚡ Electric bill per month
$178
$204
👥 People living there
252,583
196,906
Commute to work
25.8 min
28.2 min
College degree
36.9%
36.3%
Own their home
74.4%
76%
Below poverty line
9.4%
8.4%
Unemployment
4.9%
4%
Bottom line
- Pick Chesapeake for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Peoria for higher incomes, less poverty, lower unemployment.
Frequently asked questions
Is Chesapeake or Peoria cheaper to live in?
Chesapeake is about 3% cheaper overall. Rent is $1,849 a month there versus $2,185 in Peoria.
What salary do I need in Peoria to match $60,000 in Chesapeake?
About $61,676 a year gives the same standard of living in Peoria.
Where do people earn more, Chesapeake or Peoria?
The typical household earns $102,860 in Chesapeake and $103,336 in Peoria, 0% more in Peoria.