Cost of Living in West Peoria, IL

Population 4,246 · Illinois · Data vintage 2023

54
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

West Peoria is a smaller Illinois community of around 4000 residents, where median household incomes of $57,450 and housing costs ($93,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. At 7.3%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Geographically, West Peoria is part of the immediate Peoria metro area. Median home values run roughly 38% lower than Peoria's $150,000.

Cost Overview

Housing 30
Rent 90

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in West Peoria

The median home value in West Peoria is $92,500 — 70% below the national median of $305,000. Median rent runs $1,180/month, 10% lower than the national median of $1,314/month. The median household income of $57,450/year is 23% lower than the US median of $74,580. The local unemployment rate is 7.3%, above the national average of 4.8%. Illinois's top state income tax rate is 5.0% and the combined sales tax is 8.7%. The climate averages highs of 62.4°F and lows of 43.0°F, with about 26.2" of annual snowfall. Overall, West Peoria has a cost of living index of 54 versus the US average of 100, meaning it is 46% less expensive.

🏠 Housing

Median Home Value
$92,500
70% below avg
Zillow Home Value
$1,065,125
Zillow ZHVI
Median Rent
$1,180/mo
10% below avg
Price-to-Rent Ratio
6.5x
Favors buying
Property Tax Rate
2.2%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$651
1 BR
$741
2 BR
$899
3 BR
$1,196
4 BR
$1,364
Owner-occupied 90.1%
Renter-occupied 9.9%

💰 Estimated Monthly Budget

Rent median rent
$1,180
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,794/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
16.0 min
41% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.8%

Commute Mode

Drove alone
88.2%
Carpooled
2.8%
Public transit
1.6%
Walked
0.5%
Work from home
4.8%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 5.0%
Total Sales Tax 8.7%
State rate 6.3%
Avg local rate 2.5%
Property Tax 2.2%

💼 Income & Employment

Median Household Income
$57,450
23% below avg
Per Capita Income
$36,521
Unemployment Rate
7.3%
52% above avg
Poverty Rate
8.5%
Labor Force Participation
58.2%

🎓 Education

Bachelor's degree+ 11.8%
Graduate degree 7.5%

👥 Demographics

Median Age 45.2
Male median age 37
Female median age 49.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
62.4°F
Avg Low
43.0°F
Annual Precip
37.5"
Annual Snowfall
26.2"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 343951647483868578655139
Low °F 182132425362666456443323
Precip" 2.061.992.693.994.693.733.533.313.483.172.702.21
Snow" 7.76.93.30.50.00.00.00.00.00.11.56.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 48 — Good
55%
Good air days/yr
151
Max AQI recorded
166
PM2.5 days
174
Ozone days

Frequently Asked Questions

What is the cost of living in West Peoria, IL?

West Peoria has a cost index of 54 (100 = national average). It is 46% below the national average.

What is average rent in West Peoria, IL?

The median gross rent in West Peoria is $1,180 per month based on 2023 Census data.

What is the average home price in West Peoria?

The median home value in West Peoria is $92,500 according to Zillow and Census data.

What is the median income in West Peoria?

The median household income in West Peoria is $57,450 per year (2023 ACS 5-year estimates).

What is the sales tax in West Peoria, IL?

The combined state and local sales tax rate in West Peoria is 8.7%. The Illinois state income tax top rate is 5.0%.

Is West Peoria, IL affordable?

Yes, West Peoria is generally considered affordable, with a cost of living index of 54 — about 46% below the US national average of 100.

What is the weather like in West Peoria?

West Peoria has average high temperatures of 62.4°F and average lows of 43.0°F. Annual precipitation is 37.5". Average annual snowfall is 26.2". Data from NOAA 1991–2020 Climate Normals.

West Peoria at a Glance

Population
4,246
Median Income
$57,450
Home Value
$92,500
Median Rent
$1,180/mo
Unemployment
7.3%
Avg High Temp
62.4°F
Sales Tax
8.7%
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