Sterling Heights is 43% more expensive than Peoria.
When comparing Sterling Heights, MI and Peoria, IL, the overall cost of living indices are 87 and 61 respectively (national median = 100). Rent is $316/month cheaper in Peoria, saving renters about $3,792/year.
Median household income is $19,713/year higher in Sterling Heights. Home values also differ significantly — the median in Sterling Heights is $260,700 compared to $149,500 in Peoria.
Michigan has a lower income tax rate, making Sterling Heights slightly more tax-friendly.
Sterling Heights vs Peoria — common questions
Other cost of living comparisons for Sterling Heights and Peoria