Peoria vs Salem

Cost of living comparison based on BEA Regional Price Parities. Salem is 13.6% more expensive than Peoria.

13.6% more expensive

Salem, OR is 13.6% more expensive than Peoria, IL on BEA Regional Price Parities (overall RPP 103.6 vs 91.2). A $100,000 salary in Peoria buys about the same as $113,612 in Salem; the largest component gap is rents.

  • Overall RPP 91.2 (Peoria) vs 103.6 (Salem)
  • $100k in Peoria ≈ $113,612 purchasing power in Salem
  • Rents drives the gap (+46.6 RPP points)

RPP parity plate

Pair IL:OR 91.2→103.6

TIER-GAP · CROSS-STATE · RENT-LED · BENCH-CROSS · PP-SHIFT

  • TIER-GAP Clear tier gap
  • CROSS-STATE IL × OR
  • RENT-LED Rent-led gap
  • BENCH-CROSS Benchmark cross
  • PP-SHIFT PP shift

Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.

Salary Equivalents

What a salary in Peoria would need to be in Salem for the same purchasing power:

In Peoria In Salem Difference
$50,000 $56,806 +$6,806
$75,000 $85,209 +$10,209
$100,000 $113,612 +$13,612
$150,000 $170,417 +$20,417
$ in Peoria = in Salem

Same BEA Regional Price Parity ratio as the table above (91.2 → 103.6), computed live from your number, nothing is sent anywhere.

What This Comparison Actually Tells You

Peoria, IL and Salem, OR sit in clearly different price tiers, separated by 12.4 RPP points. At this distance, treating the same nominal salary as equivalent would materially change purchasing power.

This route crosses the national benchmark: Salem is above 100 while Peoria is below it. That makes the move a change of price regime, not merely a rank swap.

Rents leads the difference, with Salem 46.6 points higher than Peoria. Goods, services, and rents all point in the same broad direction, making the headline comparison more transferable across household types.

Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.

For a housing-sensitive move, validate the rent gap first: HUD Fair Market Rent and the actual unit size can overturn what the blended index implies. On the BEA ratio alone, $100,000 in Peoria corresponds to $113,612 in Salem.

Category Breakdown

Visual Comparison

Overall
Peoria
91.2
Salem
103.6
Goods
Peoria
93.6
Salem
105.3
Services
Peoria
90.5
Salem
104.7
Rents
Peoria
63.8
Salem
110.3

Vertical line = national average (100)

Peoria
91.2
Cost Index
Salem
103.6
Cost Index

How the Price Gap Changed

Peoria and Salem share 17 published annual releases from 2008 through 2024. Their overall gap widened, moving from 0.2 to 12.4 RPP points. Salem remained the higher-index metro in the latest release.

Rents changed the most within this pair: its gap moved 34.3 points between the first and latest shared releases (12.3 to 46.6 points). This describes a relative price-index history, not a forecast or a household budget.

Release Year Peoria RPP Salem RPP Relative Gap
2008 94.0 94.1 0.2 points Salem higher
2012 92.8 101.1 8.2 points Salem higher
2016 90.7 97.1 6.4 points Salem higher
2020 90.4 100.9 10.6 points Salem higher
2024 91.2 103.6 12.4 points Salem higher

Annual BEA Regional Price Parity releases; a higher index means a higher price level relative to the national average of 100. Selected years shown from the full shared series.

Frequently Asked Questions

Is Salem more expensive than Peoria?

Salem is 13.6% more expensive than Peoria. The overall cost index is 103.6 vs 91.2 (national average = 100).

What salary in Salem equals $100K in Peoria?

A $100,000 salary in Peoria has the same purchasing power as $113,612 in Salem. This is based on the BEA Regional Price Parity indexes.

How do rents compare between Peoria and Salem?

Rents in Peoria are indexed at 63.8 while Salem is at 110.3 (national average = 100). Salem has higher rents.

Data sourced from official public datasets, Regional Price Parities (2024), index where national average = 100. Retrieved and formatted by PlainCost. See our methodology for details.

Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.