Zip 61616 (Peoria Heights, IL) Cost of Living


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How much do I need to live in Peoria Heights, Illinois?
$1,500 / month
for a family, 72.2% less expensive than the national average A total of $18,000 for the year for a family.
$2,300 / month
for a single person, 51.8% less expensive than the national average A total of $27,600 for the year for a single person.

Peoria Heights cost of living score
75.6
Less expensive
24.4% lower
than the US average
19.3% lower
than the Illinois average
Peoria Heights (zip 61616), Illinois gets a BestPlaces Cost of Living score of 75.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 24.4% lower than the U.S. average and 19.3% higher than the average for Illinois.

Zip 61616 (Peoria Heights, IL)

Housing costs in Peoria Heights?
A typical home costs $94,600, which is 72.0% less expensive than the national average of $338,100 and 60.9% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Peoria Heights costs $870 per month, which is 31.0% cheaper than the national average of $1,260 and 2.3% cheaper than the state average of $890.

Can I afford Peoria Heights?
To live comfortably in Peoria Heights (zip 61616), Illinois, a minimum annual income of $18,000 for a family, and $27,600 for a single person is recommended.

What does A.I. say about Peoria Heights?
The cost of living in 61616 Peoria Heights, IL is relatively high compared to other parts of the country. The median home value is over $200,000, and the average household income is about $85,000. Rent for a one bedroom apartment averages around $900 per month. Groceries and health care costs are also higher than the national average. For those looking for an upscale lifestyle, the area has plenty of shopping and dining options to choose from. Despite the higher cost of living, 61616 Peoria Heights offers a safe, family-friendly environment where residents can enjoy access to excellent schools and parks.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesPeoria HeightsIllinoisUnited States
    Unlock93.7100.0
  91.3  Unlock100.0
    Unlock96.9100.0
  27.7  Unlock100.0
    Unlock$241,700$338,100
  93.1  Unlock100.0
    Unlock106.2100.0
  136.8  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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