Morton, IL vs Peoria Heights, IL
There is a significant gap in the cost of living between these two cities. Peoria Heights is 18% cheaper than Morton. With a cost index of 69 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Peoria Heights to Morton should plan for substantially higher expenses across most categories.
On the housing front, median rent in Morton is $1,001/month compared to $921/month in Peoria Heights — a 9% difference. Home values follow the same pattern: Peoria Heights is more affordable at $118,000 median vs $238,900.
Median household income in Morton is $87,760 compared to $62,083 in Peoria Heights (+41.4%). While Morton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Morton spend roughly 13.7% 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 Morton.
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