Housing costs in Peoria?
A typical home costs
$57,200, which is 83.1% less expensive than the national average of
$338,100 and 76.3% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Peoria costs
$830 per month, which is 34.1% cheaper than the national average of
$1,260 and 7.2% cheaper than the state average of
$890.
Can I afford Peoria?
To live comfortably in Peoria (zip 61605), Illinois, a minimum annual income of
$10,800 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Peoria?
\nThe cost of living in 61605 Peoria, IL is quite reasonable. The median home value is around $90,000, making it a relatively affordable place to live. Rent prices are also quite reasonable with an average rent of $850 per month. Utility costs are also very low compared to other areas of the country. Overall, Peoria is an affordable place to live with a great quality of life and plenty of amenities nearby.