Joliet, IL vs Peoria, IL

There is a significant gap in the cost of living between these two cities. Peoria is 29.9% cheaper than Joliet. With a cost index of 72 vs 94, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Peoria to Joliet should plan for substantially higher expenses across most categories.

On the housing front, median rent in Joliet is $1,237/month compared to $951/month in Peoria — a 30% difference. Home values follow the same pattern: Peoria is more affordable at $149,500 median vs $248,600.

Median household income in Joliet is $88,026 compared to $58,716 in Peoria (+49.9%). While Joliet is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Joliet spend roughly 16.9% of their income on rent, less than the 19.4% in Peoria.

Climate-wise, Peoria is notably warmer with an average of 52.7°F compared to 49.4°F in Joliet. Peoria receives more rainfall at 37.6" per year compared to 33.8" in Joliet.