Cost of Living: Joliet, IL vs Peoria, IL
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,227/mo in Joliet, IL versus $4,227/mo in Peoria, IL. In the model, rent is about 18.02% of gross in Joliet, IL versus 13.85% in Peoria, IL, so Peoria, IL tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Joliet, IL and Peoria, IL.
At a glance
- Cheaper overall (lower cost-of-living index): Peoria, IL
- Lower rent (median 1BR/2BR): Peoria, IL
- Lower home prices: Peoria, IL
- Higher median household income: Joliet, IL
Cost of Living Index
Joliet, IL: 100 (U.S. = 100) · Peoria, IL: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Joliet, IL: $1,175/mo (midpoint of 1BR/2BR) · Peoria, IL: $904/mo
Median rent in Joliet, IL is $271/mo higher than in Peoria, IL.
Median Home Price
Joliet, IL: $248,600 · Peoria, IL: $149,500
Median home price in Joliet, IL is $99,100 higher than in Peoria, IL.
Median Household Income
Joliet, IL: $88,026 · Peoria, IL: $58,716
Joliet, IL has a higher median household income than Peoria, IL by $29,310.
Joliet, IL overview · Peoria, IL overview · Popular comparisons