New Orleans is 9% 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
$1,508
$2,185
🛏️ 2-bedroom rent
$1,391
$1,814
💵 Families earn per year
$61,077
$103,336
🔑 Buying a house
$315,700
$463,600
📊 Overall prices (U.S. = 100)
92.6
100.7
🏛️ Property tax per year
$2,606
$2,160
⚡ Electric bill per month
$196
$204
👥 People living there
371,853
196,906
Commute to work
22.6 min
28.2 min
College degree
42.4%
36.3%
Own their home
51.2%
76%
Below poverty line
22.6%
8.4%
Unemployment
7.5%
4%
Bottom line
- Pick New Orleans for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
- Pick Peoria for higher incomes, less poverty, lower unemployment.
Frequently asked questions
Is New Orleans or Peoria cheaper to live in?
New Orleans is about 9% cheaper overall. Rent is $1,508 a month there versus $2,185 in Peoria.
What salary do I need in Peoria to match $60,000 in New Orleans?
About $65,236 a year gives the same standard of living in Peoria.
Where do people earn more, New Orleans or Peoria?
The typical household earns $61,077 in New Orleans and $103,336 in Peoria, 41% more in Peoria.