Last update: Oct 2026

Cost of Living Comparison Between Cochrane and Peoria, IL

For one person, living is cheaper in Cochrane: $1,074 a month against $1,953 in Peoria, IL, rent and utilities included – about $10,500 less a year. Rent and utilities account for most of the difference.

52

Cost of Living Index in Cochrane
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Cochrane Living Index
94

Cost of Living Index in Peoria, IL
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Peoria, IL Living Index

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Cochrane

🇨🇦 Canada

$1,074

/mo nomad

Peoria, IL

🇺🇸 United States

$1,953

/mo nomad

Monthly Cost of Living

How much you'll spend in Cochrane and in Peoria, IL

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Cochrane and in Peoria, IL actually costs, broken down by who's living it.

Monthly costs for one person with rent: $1,074 in Cochrane versus $1,953 in Peoria, IL.

Cochrane $1,074
Peoria, IL $1,953

Estimated couple costs with rent: $2,385 in Cochrane versus $2,850 in Peoria, IL.

Cochrane $2,385
Peoria, IL $2,850

Monthly costs for a family of three with rent: $3,696 in Cochrane versus $3,747 in Peoria, IL.

Cochrane $3,696
Peoria, IL $3,747

Living in Cochrane costs roughly 45% less than in Peoria, IL, and outside of rent the biggest gap is in groceries.

The two cities straddle the global median: Cochrane is 20% below, Peoria, IL is 45% above.

Meal at Budget Restaurant

$17.47 CA$24.70

$15.16 $15.16

15.24%

Three-Course Dinner for Two, Mid-Range

$70.2 CA$99.3

$62.6 $62.6

12.21%

Fast Food Meal (McDonalds, etc)

$9.90 CA$14.00

$8.08 $8.08

22.52%

Cappuccino

$3.82 CA$5.40

$5.48 $5.48

-30.29%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.33 CA$3.29

$2.23 $2.23

4.48%

Water (0.33 liter bottle)

$1.62 CA$2.29

$1.13 $1.13

43.36%

Local Beer (0.5 liter draught)

$5.69 CA$8.04

$4.62 $4.62

23.16%

Imported Beer (0.33 liter bottle)

$5.72 CA$8.08

$5.02 $5.02

13.94%

Milk (1 liter)

$1.56 CA$2.20

$0.74 $0.74

110.81%

White Bread (500g)

$2.07 CA$2.93

$2.27 $2.27

-8.81%

Rice (white) (1kg)

$2.98 CA$4.21

$4.29 $4.29

-30.54%

Eggs

$3.22 CA$4.55

$3.76 $3.76

-14.36%

Local Cheese (1kg)

$8.58 CA$12.13

$11.94 $11.94

-28.14%

Chicken Fillets (1kg)

$8.42 CA$11.90

$10.88 $10.88

-22.61%

Beef Round Steak (1kg)

$8.57 CA$12.12

$16.47 $16.47

-47.97%

Apples (1kg)

$4.29 CA$6.07

$5.04 $5.04

-14.88%

Banana (1kg)

$1.37 CA$1.94

$1.10 $1.10

24.55%

Oranges (1kg)

$4.38 CA$6.19

$5.21 $5.21

-15.93%

Tomato (1kg)

$1.43 CA$2.03

$4.61 $4.61

-68.98%

Potato (1kg)

$1.37 CA$1.94

$2.56 $2.56

-46.48%

Onion (1kg)

$1.77 CA$2.50

$2.26 $2.26

-21.68%

Lettuce (1 head)

$2.43 CA$3.44

$2.02 $2.02

20.30%

Water (1.5 liter bottle)

$1.75 CA$2.48

$2.16 $2.16

-18.98%

Cigarettes 20 Pack (Marlboro, Camel)

$13.80 CA$19.51

$11.82 $11.82

16.75%

Wine (Bottle)

$8.16 CA$11.54

$11.17 $11.17

-26.95%

Local Beer (0.5 liter bottle)

$3.08 CA$4.36

$2.06 $2.06

49.51%

Imported Beer (0.33 liter bottle)

$2.96 CA$4.18

$3.37 $3.37

-12.17%

One-way Ticket (Public Transport)

$3.46 CA$4.89

Public Transport Monthly Pass (Regular Price)

$40.51 $40.51

Taxi Start (Normal Tariff)

$2.92 CA$4.13

$3.51 $3.51

-16.81%

Taxi (Normal Tariff) (1km)

$1.38 CA$1.95

$2.85 $2.85

-51.58%

Taxi 1hour Waiting (Normal Tariff)

$21.32 CA$30.15

$17.72 $17.72

20.32%

Gasoline (1 liter)

$1.06 CA$1.50

$1.11 $1.11

-4.50%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$27.6K CA$39.0K

$36.4K $36.4K

-24.18%

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$19.5K CA$27.6K

$26.5K $26.5K

-26.31%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$207 CA$292

$209 $209

-1.09%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$42.87 CA$60.6

$53.2 $53.2

-19.37%

Internet (50+ Mbps, Unlimited Data)

$54.4 CA$76.9

$65.6 $65.6

-17.10%

Gym Membership (Monthly)

$44.82 CA$63.4

$38.64 $38.64

15.99%

Tennis Court (1 Hour on Weekend)

$10.05 $10.05

Cinema Ticket

$12.90 CA$18.24

$11.22 $11.22

14.97%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$752 CA$1,063

$889 $889

-15.46%

International Primary School, 1 Child (Yearly)

$9,571 CA$13.5K

$12.7K $12.7K

-24.73%

Jeans (Levis 501 Or Similar)

$42.60 CA$60.2

$47.18 $47.18

-9.71%

Summer Dress (H&M, Zara, etc)

$45.15 CA$63.8

$25.16 $25.16

79.45%

Sport Shoes (Adidas, Nike)

$83.3 CA$118

$58.0 $58.0

43.62%

Men's Leather Business Shoes

$94.7 CA$134

$50.1 $50.1

89.18%

1-bedroom Apartment, City Center (Monthly)

$1,182 CA$1,671

$1,045 $1,045

13.10%

1-bedroom Apartment, Outside City Center (Monthly)

$803 $803

3-bedroom Apartment, City Center (Monthly)

$1,725 CA$2,438

$1,559 $1,559

10.62%

3-bedroom Apartment, Outside City Center (Monthly)

$1,344 CA$1,900

$1,267 $1,267

6.08%

Buy Apartment in City Center (m2)

$22.6K CA$31.9K

$1,114 $1,114

1925.01%

Buy Apartment Outside City Center (m2)

$1,102 $1,102

Average Monthly Net Salary (After Tax)

$4,061 CA$5,740

$4,120 $4,120

-1.43%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.32

6.82

-36.66%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Cochrane: October 11, 2026

Last update for Peoria, IL: October 12, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Monthly Utilities & Internet

Cochrane

$304 28.3%

Peoria, IL

$328 16.8% 7.8% $24

Groceries & Markets

Cochrane

$285 26.5%

Peoria, IL

$363 18.6% 27.4% $78

Eating Out

Cochrane

$271 25.2%

Peoria, IL

$258 13.2% 4.9% $13

Clothing & Footwear

Cochrane

$120 11.1%

Peoria, IL

$81 4.2% 32.1% $38

Sport & Entertainment

Cochrane

$71 6.6%

Peoria, IL

$61 3.1% 13.5% $9.5

Getting Around

Cochrane

$24 * 2.2%

Peoria, IL

$58 * 3% 146% $35

Accommodation & Living

Cochrane

- * 0%

Peoria, IL

$803 41.1%

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A one-bedroom apartment in the center runs $1,182 in Cochrane and $1,045 in Peoria, IL. Housing cost is often the main lever when comparing two cities.

Peoria, IL pays 1% more on average. The extra income cushions the higher costs, though housing choices and lifestyle decide how much of the gap is truly closed.

Dining out: $70.0 in Cochrane vs $63.0 in Peoria, IL. Groceries flip the comparison at $285 vs $363, with Cochrane cheaper for home cooking.

Good to know

🇨🇦 Cochrane

🇺🇸 Peoria, IL

🕒 Local time

03:17 3:17 AM

04:17 4:17 AM

1 h ahead of Cochrane

🌤 Weather

👥 Population

26,000

113,150

💱 Currency

Canadian Dollar CAD $

United States Dollar USD $

📈 Exchange rate

1 CAD = 0.707 USD

1 CAD = 0.629 EUR

1 USD = 0.89 EUR

Exchange rates and currency converter

USD, EUR to CAD – Canadian Dollar Converter

🇺🇸 United States Dollar ($)

🇨🇦 Canadian Dollar ($)

Canadian Dollar exchange rates as of October 20, 2026: 1 USD = 1.41 CAD (1 CAD = 0.707 USD). 1 EUR = 1.59 CAD (1 CAD = 0.629 EUR).

United States Dollar exchange rates as of October 20, 2026: 1 EUR = 1.12 USD (1 USD = 0.89 EUR).

USD to CAD in detail →

On the map

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Between locations

Cochrane Peoria, IL 2,230 km ≈ 3 h 15 min nonstop flight

From you

Cochrane
Peoria, IL

Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Cochrane vs Peoria, IL: Cost of Living - Frequently Asked Questions

Cochrane wins on cost – living expenses run 82% lower than in Peoria, IL. Housing and daily spending are where you'll feel the difference most, making Cochrane the obvious pick if budget is a priority.

On paper, salaries run 1% lower in Peoria, IL. That's worth factoring in alongside costs, though remote workers earning in a stronger currency may not notice the difference at all.

Rent for a central apartment: $1,182 in Cochrane versus $1,045 in Peoria, IL. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 27% higher in Peoria, IL. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,074 per month in Cochrane versus $1,953 in Peoria, IL – a 82% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,074 in Cochrane versus $1,953 in Peoria, IL, a $1,000 budget is realistic in Cochrane but tight or insufficient in Peoria, IL. The gap between the two cities makes Cochrane the clear choice for anyone on this budget.

Both cities offer a good standard of living with different trade-offs. Neither is objectively better – the right pick depends on what matters most: affordability, career, cultural scene, or climate.

Expats usually find Cochrane gentler on the wallet – expenses run 82% less than in Peoria, IL. Beyond cost, consider language, visa policies, and how big the international community is in each city.