Berwyn, IL vs Peoria, IL

The cost of living difference between Berwyn, IL and Peoria, IL is dramatic. Peoria is 31.5% cheaper than Berwyn, a gap that translates to thousands of dollars per year in household expenses. Berwyn has a cost index of 95 while Peoria sits at 72, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Berwyn is $1,175/month compared to $951/month in Peoria — a 24% difference. Home values follow the same pattern: Peoria is more affordable at $149,500 median vs $286,000.

Median household income in Berwyn is $75,235 compared to $58,716 in Peoria (+28.1%). The higher salaries in Berwyn partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Berwyn spend roughly 18.7% of their income on rent, less than the 19.4% in Peoria.