Lansing, IL vs Peru, IL
There is a significant gap in the cost of living between these two cities. Peru is 20.8% cheaper than Lansing. With a cost index of 73 vs 88, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Peru to Lansing should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lansing is $1,271/month compared to $879/month in Peru — a 45% difference. Home values follow the same pattern: Peru is more affordable at $155,600 median vs $168,500.
Median household income in Lansing is $71,805 compared to $68,147 in Peru (+5.4%). Lansing does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Lansing spend roughly 21.2% of their income on rent, more than the 15.5% in Peru.
Climate-wise, Lansing is notably warmer with an average of 52.1°F compared to 47.8°F in Peru. Peru receives more rainfall at 37.4" per year compared to 34.4" in Lansing.
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