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Cost of living in Peoria, IL vs US average (2024)

Quick answer

Prices in Peoria, IL were 8.8% below the US average in 2024 (Regional Price Parity 91.2, US = 100), with a housing-rent index of 63.8, per the U.S. Bureau of Economic Analysis.

✓ U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)

CategoryPrice index (US = 100)
All items91.231
Goods93.643
Housing (rents)63.763
Utilities90.504
Other services99.590
— All items by year —
202491.231
202388.834
202290.251
202190.388
202090.360
201992.400

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Last updated 2026-10-16. Data only, not financial or tax advice.

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