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Colorado Springs vs Peoria: which is cheaper?

About the sameBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $59,982 in Peoria to live the same way.

🏠 Rent per month
$1,901
$2,185
🛏️ 2-bedroom rent
$1,691
$1,814
💵 Families earn per year
$91,476
$103,336
🔑 Buying a house
$452,600
$463,600
📊 Overall prices (U.S. = 100)
100.7
100.7
🏛️ Property tax per year
$1,765
$2,160
⚡ Electric bill per month
$139
$204
👥 People living there
487,887
196,906
Commute to work
22.7 min
28.2 min
College degree
42.7%
36.3%
Own their home
60.9%
76%
Below poverty line
9%
8.4%
Unemployment
5.6%
4%

Bottom line

Frequently asked questions

Is Colorado Springs or Peoria cheaper to live in?

Colorado Springs and Peoria cost about the same once rent and everyday costs are combined.

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

About $59,982 a year gives the same standard of living in Peoria.

Where do people earn more, Colorado Springs or Peoria?

The typical household earns $91,476 in Colorado Springs and $103,336 in Peoria, 11% more in Peoria.

More comparisons

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