Peru, IL vs Riverton, IL

Peru, IL and Riverton, IL have a very similar cost of living, with only a 2.1% difference in their overall index. Peru scores 73 while Riverton scores 75 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 Peru is $879/month compared to $1,035/month in Riverton — a 15% difference. Interestingly, home values tell a different story: while Peru has cheaper rent, Riverton actually has lower median home values ($140,000 vs $155,600).

Median household income in Peru is $68,147 compared to $75,527 in Riverton (-9.8%). While Riverton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Peru spend roughly 15.5% of their income on rent, less than the 16.4% in Riverton.

Climate-wise, Riverton is notably warmer with an average of 54°F compared to 47.8°F in Peru. Riverton receives more rainfall at 38" per year compared to 37.4" in Peru.