Farmington, IL vs Peoria Heights, IL

Farmington, IL and Peoria Heights, IL have a very similar cost of living, with only a 4.2% difference in their overall index. Farmington scores 66 while Peoria Heights scores 69 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 Farmington is $877/month compared to $921/month in Peoria Heights — a 5% difference. Home values follow the same pattern: Farmington is more affordable at $99,300 median vs $118,000.

Median household income in Farmington is $64,313 compared to $62,083 in Peoria Heights (+3.6%). Farmington offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Farmington spend roughly 16.4% of their income on rent, less than the 17.8% in Peoria Heights.

Climate-wise, both cities share similar average temperatures (52.7°F vs 52.7°F). Peoria Heights receives more rainfall at 37.6" per year compared to 37.6" in Farmington.