Fairbanks, AK vs Peoria, IL
Cost of Living Comparison
Peoria, IL is more affordable by 12.0 index points
Side-by-Side Comparison
| Category | Fairbanks, AK | Peoria, IL | Difference |
|---|---|---|---|
| Overall | 103.2 | 91.2 | +12.0 |
| Housing | 92.6 | 63.8 | +28.8 |
| Goods | 107.3 | 93.6 | +13.7 |
| Utilities | 119.8 | 90.5 | +29.3 |
| Other Services | 103.3 | 99.6 | +3.8 |
Income & Housing Comparison
| Metric | Fairbanks, AK | Peoria, IL |
|---|---|---|
| Median Household Income | $81,655 | $67,718 |
| Median Home Value | $276,800 | $151,300 |
| Median Monthly Rent | $1,360 | $881 |
| Per Capita Income | $42,744 | $38,124 |
Frequently Asked Questions
Is Fairbanks, AK or Peoria, IL cheaper to live in?
Peoria, IL is more affordable. The cost of living difference is 12.0 index points (Fairbanks, AK: 103.2, Peoria, IL: 91.2).
Where is housing cheaper, Fairbanks, AK or Peoria, IL?
Housing is more affordable in Peoria, IL. Housing index: Fairbanks, AK (92.6) vs Peoria, IL (63.8).