CostByCity

Monroe, LA vs Peoria, IL

Cost of Living Comparison

Monroe, LA is more affordable by 7.6 index points

Side-by-Side Comparison

CategoryMonroe, LAPeoria, ILDifference
Overall83.691.2-7.6
Housing42.863.8-20.9
Goods93.793.6+0.0
Utilities72.290.5-18.3
Other Services95.799.6-3.9

Income & Housing Comparison

MetricMonroe, LAPeoria, IL
Median Household Income$47,351$67,718
Median Home Value$158,100$151,300
Median Monthly Rent$859$881
Per Capita Income$28,677$38,124

Frequently Asked Questions

Is Monroe, LA or Peoria, IL cheaper to live in?
Monroe, LA is more affordable. The cost of living difference is 7.6 index points (Monroe, LA: 83.6, Peoria, IL: 91.2).
Where is housing cheaper, Monroe, LA or Peoria, IL?
Housing is more affordable in Monroe, LA. Housing index: Monroe, LA (42.8) vs Peoria, IL (63.8).