Philadelphia is 39% more expensive than Peoria.
When comparing Philadelphia, PA and Peoria, IL, the overall cost of living indices are 85 and 61 respectively (national median = 100). Rent is $372/month cheaper in Peoria, saving renters about $4,464/year.
Median household income is $1,982/year higher in Philadelphia. Home values also differ significantly — the median in Philadelphia is $232,400 compared to $149,500 in Peoria.
Pennsylvania has a lower income tax rate, making Philadelphia slightly more tax-friendly.
Philadelphia vs Peoria — common questions
Other cost of living comparisons for Philadelphia and Peoria