Peoria is 5% 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
$2,065
$2,185
🛏️ 2-bedroom rent
$2,127
$1,814
💵 Families earn per year
$102,153
$103,336
🔑 Buying a house
$616,000
$463,600
📊 Overall prices (U.S. = 100)
105.8
100.7
🏛️ Property tax per year
$2,751
$2,160
⚡ Electric bill per month
$113
$204
👥 People living there
718,877
196,906
Commute to work
24.9 min
28.2 min
College degree
56.5%
36.3%
Own their home
48.8%
76%
Below poverty line
11.2%
8.4%
Unemployment
4.9%
4%
Bottom line
- Pick Denver 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 Denver or Peoria cheaper to live in?
Peoria is about 5% cheaper overall. Rent is $2,185 a month there versus $2,065 in Denver.
What salary do I need in Peoria to match $60,000 in Denver?
About $57,104 a year gives the same standard of living in Peoria.
Where do people earn more, Denver or Peoria?
The typical household earns $102,153 in Denver and $103,336 in Peoria, 1% more in Peoria.