Housing costs in Peoria?
A typical home costs
$198,100, which is 41.4% less expensive than the national average of
$338,100 and 18.0% less expensive than the average Illinois home, at
$241,700. Renting a two-bedroom unit in Peoria costs
$1,010 per month, which is 19.8% cheaper than the national average of
$1,260 and 11.9% more than the state average of
$890.
Can I afford Peoria?
To live comfortably in Peoria (zip 61615), Illinois, a minimum annual income of
$37,800 for a family, and
$32,000 for a single person is recommended.
What does A.I. say about Peoria?
The cost of living in 61615 Peoria, IL is quite reasonable. The median home cost in the area is just over $101,400, and the average rent for a one-bedroom apartment is around $719 per month. Groceries are also fairly inexpensive, as basic necessities can be purchased for well under $200 per week. Overall, Peoria presents an affordable option for those looking to call this city home.