Cost of Living in West Peoria, IL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

94.3

100 = national avg

-5.7 vs national average

Living Wage (1 Adult)

$41,513

per year

Living Wage (Family of 4)

$98,123

per year

Cost Index by Category

Housing
99.4
Food
93.9
Transportation
87.8
Healthcare
95.1
Utilities
96.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$818

per month

2 Bedroom

$1,039

per month

The overall cost of living index in West Peoria is 94.3, which is 5.7% below the national average. Housing costs are below the national average at an index of 99.4. A single adult needs to earn approximately $41,513 per year to cover basic expenses.