Moving from Richmond to Peoria (2026)

Peoria has a COL index of 83 vs 98 for Richmond (100 = US average). You'd pay about 15% less for the same lifestyle.

Save ~$570/mo
on core expenses · $75K salary baseline

Key differences

COL index
9883
100 = US avg
1BR rent
$1,600$1,050
per month
State tax
5.8%5%
income tax
Take-home at $75K
$4,378$4,428
per month

Salary needed in Peoria to match your Richmond lifestyle

Based on the 15% cost of living decrease between the two cities.

Your salary in RichmondEquivalent in Peoria
$40K$33,878
$50K$42,347
$60K$50,816
$75K$63,520
$80K$67,755
$100K$84,694
$120K$101,633
$150K$127,041

Monthly budget at $75K — Richmond vs Peoria

ExpenseRichmondPeoria
Monthly take-home$4,378$4,428
1BR rent$1,600$1,050
Groceries$369$361
Transport$70$55
Utilities$155$158
Internet$60$60
Left after essentials$2,124$2,744

Frequently asked questions

Is Peoria cheaper than Richmond?

Yes. Peoria has a cost of living index of 83 vs 98 for Richmond (100 = US average). That's about 15% cheaper.

How much will I save moving from Richmond to Peoria?

On a $75K salary, moving from Richmond to Peoria could save roughly $570/month on core expenses. That's ~$6,840/year.

What salary do I need in Peoria to match my Richmond lifestyle?

To maintain the same purchasing power as $75,000 in Richmond, you'd need roughly $63,520/year in Peoria. This is based on the overall COL index difference between the two cities.

Estimates based on Q1 2026 COL index and market data. Budget uses simplified federal/state tax rates at $75K. Zillow · BLS · Numbeo · For general guidance only