Minneapolis, MN vs Peoria, IL
Cost of Living Comparison
Peoria, IL is more affordable by 13.6 index points
Side-by-Side Comparison
| Category | Minneapolis, MN | Peoria, IL | Difference |
|---|---|---|---|
| Overall | 104.8 | 91.2 | +13.6 |
| Housing | 111.8 | 63.8 | +48.1 |
| Goods | 103.1 | 93.6 | +9.4 |
| Utilities | 93.5 | 90.5 | +3.0 |
| Other Services | 104.4 | 99.6 | +4.8 |
Income & Housing Comparison
| Metric | Minneapolis, MN | Peoria, IL |
|---|---|---|
| Median Household Income | $94,673 | $67,718 |
| Median Home Value | $334,200 | $151,300 |
| Median Monthly Rent | $1,324 | $881 |
| Per Capita Income | $49,334 | $38,124 |
Frequently Asked Questions
Is Minneapolis, MN or Peoria, IL cheaper to live in?
Peoria, IL is more affordable. The cost of living difference is 13.6 index points (Minneapolis, MN: 104.8, Peoria, IL: 91.2).
Where is housing cheaper, Minneapolis, MN or Peoria, IL?
Housing is more affordable in Peoria, IL. Housing index: Minneapolis, MN (111.8) vs Peoria, IL (63.8).