Fulton, IL vs Peru, IL
Fulton, IL and Peru, IL have a very similar cost of living, with only a 0.3% difference in their overall index. Fulton scores 73 while Peru 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 Fulton is $956/month compared to $879/month in Peru — a 9% difference. Interestingly, home values tell a different story: while Peru has cheaper rent, Fulton actually has lower median home values ($124,400 vs $155,600).
Median household income in Fulton is $42,452 compared to $68,147 in Peru (-37.7%). While Peru is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fulton spend roughly 27% of their income on rent, more than the 15.5% in Peru.
Climate-wise, both cities share similar average temperatures (49.9°F vs 47.8°F). Peru receives more rainfall at 37.4" per year compared to 36.2" in Fulton.
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Climate
NOAA 30-year normals (1991-2020)