East Peoria, IL vs South Beloit, IL

East Peoria, IL and South Beloit, IL have a very similar cost of living, with only a 1.9% difference in their overall index. East Peoria scores 71 while South Beloit scores 73 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in East Peoria is $894/month compared to $925/month in South Beloit — a 3% difference. Interestingly, home values tell a different story: while East Peoria has cheaper rent, South Beloit actually has lower median home values ($160,800 vs $160,800).

Median household income in East Peoria is $71,763 compared to $81,836 in South Beloit (-12.3%). While South Beloit is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of East Peoria spend roughly 14.9% of their income on rent, more than the 13.6% in South Beloit.

Climate-wise, East Peoria is notably warmer with an average of 52.7°F compared to 49.4°F in South Beloit. East Peoria receives more rainfall at 37.6" per year compared to 37.2" in South Beloit.