About the sameBased 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
$1,347
$2,185
🛏️ 2-bedroom rent
$1,153
$1,814
💵 Families earn per year
$43,073
$103,336
🔑 Buying a house
$83,900
$463,600
📊 Overall prices (U.S. = 100)
100.3
100.7
🏛️ Property tax per year
$1,402
$2,160
⚡ Electric bill per month
$196
$204
👥 People living there
638,530
196,906
Commute to work
24.8 min
28.2 min
College degree
18.1%
36.3%
Own their home
50.3%
76%
Below poverty line
32.7%
8.4%
Unemployment
14%
4%
Bottom line
- Pick Detroit for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Peoria for higher incomes, a more educated workforce, less poverty and 1 more.
Frequently asked questions
Is Detroit or Peoria cheaper to live in?
Detroit 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 Detroit?
About $60,227 a year gives the same standard of living in Peoria.
Where do people earn more, Detroit or Peoria?
The typical household earns $43,073 in Detroit and $103,336 in Peoria, 58% more in Peoria.