DeKalb, IL vs Peoria, IL
There is a significant gap in the cost of living between these two cities. Peoria is 16% cheaper than DeKalb. With a cost index of 72 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Peoria to DeKalb should plan for substantially higher expenses across most categories.
On the housing front, median rent in DeKalb is $1,030/month compared to $951/month in Peoria — a 8% difference. Home values follow the same pattern: Peoria is more affordable at $149,500 median vs $202,900.
Median household income in DeKalb is $46,564 compared to $58,716 in Peoria (-20.7%). Peoria offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of DeKalb spend roughly 26.5% of their income on rent, more than the 19.4% in Peoria.
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