Residential comparison · 13 facts
Elgin, IL vs Peoria, IL
Compare the housing, tax, cost, income, safety, school, and climate facts that are available for both places. The table shows the numbers without declaring one city universally better.
A household earning $85,000 in Elgin needs about $79,500 in Peoria to keep the same lifestyle.
Coming from Peoria, $85,000 of lifestyle costs about $90,500 in Elgin.
A few differences
- Elgin is higher on median household income ($90,282 vs $59,410).
- Peoria is lower on cost of living index (83 vs 94).
- Peoria is lower on 2-bedroom rent ($1,088/mo vs $1,375/mo).
Elgin vs Peoria · facet by facet
| Facet | Elgin, IL | Peoria, IL |
|---|---|---|
| Median home price | $273,000 | $156,200 |
| 2-bedroom rent | $1,375/mo | $1,088/mo |
| Property tax rate | 2.1% | 2.1% |
| State & local income tax | 4.95% | 4.95% |
| Sales tax | 8.85% | 8.85% |
| Cost of living index | 94 | 83 |
| Groceries index | 98 | 98 |
| Utilities | $165/mo | $165/mo |
| Median household income | $90,282 | $59,410 |
| Unemployment rate | 4.7% | 4.7% |
| Crime index | 50/100 | 50/100 |
| School rating | 6.3/10 | 6.3/10 |
| Sunny days / year | 190 days | 190 days |
Data: Census ACS 2024 · BLS · Tax Foundation 2024 brackets · HUD/Zillow · NOAA 1991–2020 · FEMA NRI · Values are shown as reported; no universal winner is implied.
Full profiles: Elgin, IL · Peoria, IL
Questions & answers
- Is Elgin cheaper than Peoria?
- Peoria has the lower day-to-day cost index (83 vs 94 against a national 100). The other differences are shown facet by facet in the table.
- What household income in Peoria equals $85,000 in Elgin?
- A household earning $85,000 in Elgin needs about $79,500 in Peoria to keep the same lifestyle; coming the other way, $85,000 of Peoria lifestyle costs about $90,500 in Elgin.