CostByCity

Madison, WI vs Peoria, IL

Cost of Living Comparison

Peoria, IL is more affordable by 6.1 index points

Side-by-Side Comparison

CategoryMadison, WIPeoria, ILDifference
Overall97.391.2+6.1
Housing99.763.8+36.0
Goods93.893.6+0.1
Utilities89.890.5-0.7
Other Services99.499.6-0.2

Income & Housing Comparison

MetricMadison, WIPeoria, IL
Median Household Income$82,996$67,718
Median Home Value$320,700$151,300
Median Monthly Rent$1,228$881
Per Capita Income$47,694$38,124

Frequently Asked Questions

Is Madison, WI or Peoria, IL cheaper to live in?
Peoria, IL is more affordable. The cost of living difference is 6.1 index points (Madison, WI: 97.3, Peoria, IL: 91.2).
Where is housing cheaper, Madison, WI or Peoria, IL?
Housing is more affordable in Peoria, IL. Housing index: Madison, WI (99.7) vs Peoria, IL (63.8).