The short version

  • Overall prices are about the same in both metro areas (BEA 2024).
  • The median home costs $115,200 in Erie and $156,200 in Peoria.
  • Households earn more in Peoria ($59,410 vs $46,113 median).
  • Erie gets far more snow: 104 inches a year vs 26.

Side by side

Erie, PAPeoria, IL
People
Population (2025)91,838110,920
Growth since 2020-3.3%-2%
People per square mile4,8002,305
Median age34.835.5
Bachelor's degree or higher23%38%
Money and housing
Median household income$46,113$59,410
Median home value$115,200$156,200
Home value to income2.5×2.6×
Median rent (with utilities)$870$1,005
Metro price level (US = 100)91.091.2
Housing price level (US = 100)56.863.8
$75,000 elsewhere equals$68,200$68,400
Homeowners54%58%
Top state income tax3.07%4.95%
Combined sales tax6.34%8.98%
Work and commute
Average commute (minutes)18.317.9
Work from home8%12%
Take public transit2%2%
Unemployment (2020-24 avg)7.1%7.5%
Poverty rate23.3%21%
Weather
January high / low35° / 21°34° / 18°
July high / low81° / 64°86° / 66°
Precipitation per year43 in38 in
Snowfall per year104 in26 in
Days 90°F or hotter523
Nights below freezing112118
Comfortable months65
Risks, air and home prices
Natural hazard risk (FEMA, county)Relatively ModerateRelatively Moderate
FEMA risk score (lower is safer)84.190.7
Good air days, 202577%60%
Home prices, past year+8%+3.7%
Home prices, past 5 years+58.6%+44.6%

Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.

Weather, month by month

10°20°30°40°50°60°70°80°90°JanFebMarAprMayJunJulAugSepOctNovDec
Erie Peoria. Solid lines are average highs, dashed lines average lows (°F), NOAA 1991-2020 normals.

Most comfortable months: Erie: May to October. Peoria: April, June and August to October.

Full monthly tables: Erie weather by month and Peoria weather by month.

What $75,000 is worth

A $75,000 salary in an average-priced US city buys about the same as $68,200 in Erie and $68,400 in Peoria. Moving from Erie to Peoria, you would need about $75,200 to match a $75,000 salary.

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