Lincoln is 10% 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
$1,328
$2,185
🛏️ 2-bedroom rent
$1,219
$1,814
💵 Families earn per year
$77,509
$103,336
🔑 Buying a house
$264,000
$463,600
📊 Overall prices (U.S. = 100)
91.6
100.7
🏛️ Property tax per year
$4,023
$2,160
⚡ Electric bill per month
$104
$204
👥 People living there
294,856
196,906
Commute to work
18.4 min
28.2 min
College degree
41.8%
36.3%
Own their home
56.1%
76%
Below poverty line
12.7%
8.4%
Unemployment
3.3%
4%
Bottom line
- Pick Lincoln for lower rent, cheaper 2-bedroom apartments, cheaper homes and 3 more.
- Pick Peoria for higher incomes, less poverty.
Frequently asked questions
Is Lincoln or Peoria cheaper to live in?
Lincoln is about 10% cheaper overall. Rent is $1,328 a month there versus $2,185 in Peoria.
What salary do I need in Peoria to match $60,000 in Lincoln?
About $65,959 a year gives the same standard of living in Peoria.
Where do people earn more, Lincoln or Peoria?
The typical household earns $77,509 in Lincoln and $103,336 in Peoria, 25% more in Peoria.