salaryMontgomery is 12% 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
$1,304
$2,185
🛏️ 2-bedroom rent
$1,085
$1,814
💵 Families earn per year
$61,271
$103,336
🔑 Buying a house
$161,900
$463,600
📊 Overall prices (U.S. = 100)
89.7
100.7
🏛️ Property tax per year
$643
$2,160
⚡ Electric bill per month
$185
$204
👥 People living there
197,494
196,906
Commute to work
20.7 min
28.2 min
College degree
33.8%
36.3%
Own their home
54.4%
76%
Below poverty line
21.5%
8.4%
Unemployment
6.4%
4%
Bottom line
- Pick Montgomery 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 Montgomery or Peoria cheaper to live in?
Montgomery is about 12% cheaper overall. Rent is $1,304 a month there versus $2,185 in Peoria.
What salary do I need in Peoria to match $60,000 in Montgomery?
About $67,356 a year gives the same standard of living in Peoria.
Where do people earn more, Montgomery or Peoria?
The typical household earns $61,271 in Montgomery and $103,336 in Peoria, 41% more in Peoria.