Cicero, IL vs Peoria, IL

There is a significant gap in the cost of living between these two cities. Peoria is 23.6% cheaper than Cicero. With a cost index of 72 vs 89, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Peoria to Cicero should plan for substantially higher expenses across most categories.

On the housing front, median rent in Cicero is $1,121/month compared to $951/month in Peoria — a 18% difference. Home values follow the same pattern: Peoria is more affordable at $149,500 median vs $236,000.

Median household income in Cicero is $68,548 compared to $58,716 in Peoria (+16.7%). The higher salaries in Cicero partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Cicero spend roughly 19.6% of their income on rent, more than the 19.4% in Peoria.