Cost of Living Comparison Between Cochrane and Peoria, IL Cost of Living Comparison Between Cochrane and Peoria, IL

Monthly Cost of Living

Monthly costs for one person with rent: $2,351 in Cochrane versus $1,942 in Peoria, IL.

Estimated couple costs with rent: $3,160 in Cochrane versus $2,921 in Peoria, IL.

Monthly costs for a family of three with rent: $3,969 in Cochrane versus $3,899 in Peoria, IL.

Living in Cochrane is roughly 21% more expensive than Peoria, IL, driven mainly by Groceries & Markets.

Both cities are pricier than the global median: Cochrane 75% above, Peoria, IL 45% above.

Meal at Budget Restaurant

$18.21 CA$25.22

$17.20 $17.20

5.87%

Three-Course Dinner for Two, Mid-Range

$67.5 CA$93.5

$60.1 $60.1

12.39%

Fast Food Meal (McDonalds, etc)

$10.21 CA$14.13

$8.03 $8.03

27.15%

Cappuccino

$3.74 CA$5.18

$4.83 $4.83

-22.57%

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

$2.10 CA$2.91

$1.91 $1.91

9.95%

Water (0.33 liter bottle)

$1.70 CA$2.36

$1.05 $1.05

61.90%

Local Beer (0.5 liter draught)

$5.75 CA$7.97

$4.46 $4.46

28.92%

Imported Beer (0.33 liter bottle)

$5.93 CA$8.22

$4.97 $4.97

19.32%

Milk (1 liter)

$2.08 CA$2.88

$0.81 $0.81

156.79%

White Bread (500g)

$2.33 CA$3.22

$2.71 $2.71

-14.02%

Rice (white) (1kg)

$3.14 CA$4.35

$4.54 $4.54

-30.84%

Eggs

$3.22 CA$4.46

$3.09 $3.09

4.21%

Local Cheese (1kg)

$9.00 CA$12.46

$9.41 $9.41

-4.36%

Chicken Fillets (1kg)

$8.70 CA$12.04

$10.68 $10.68

-18.54%

Beef Round Steak (1kg)

$8.83 CA$12.22

$14.19 $14.19

-37.77%

Apples (1kg)

$4.70 CA$6.50

$4.22 $4.22

11.37%

Banana (1kg)

$1.33 CA$1.84

$1.21 $1.21

9.92%

Oranges (1kg)

$3.78 CA$5.23

$4.96 $4.96

-23.79%

Tomato (1kg)

$1.51 CA$2.10

$4.75 $4.75

-68.21%

Potato (1kg)

$1.50 CA$2.08

$2.59 $2.59

-42.08%

Onion (1kg)

$2.18 CA$3.02

$2.36 $2.36

-7.63%

Lettuce (1 head)

$2.62 CA$3.62

$1.94 $1.94

35.05%

Water (1.5 liter bottle)

$1.95 CA$2.70

$2.20 $2.20

-11.36%

Cigarettes 20 Pack (Marlboro, Camel)

$14.71 CA$20.37

$8.63 $8.63

70.45%

Wine (Bottle)

$8.62 CA$11.93

$12.68 $12.68

-32.02%

Local Beer (0.5 liter bottle)

$3.08 CA$4.27

$2.14 $2.14

43.93%

Imported Beer (0.33 liter bottle)

$3.29 CA$4.55

$3.31 $3.31

-0.60%

One-way Ticket (Public Transport)

$3.64 CA$5.05

$0.97 $0.97

275.26%

Public Transport Monthly Pass (Regular Price)

$62.7 CA$86.9

$39.43 $39.43

59.09%

Taxi Start (Normal Tariff)

$3.19 CA$4.42

$4.66 $4.66

-31.55%

Taxi (Normal Tariff) (1km)

$1.65 CA$2.29

$2.21 $2.21

-25.34%

Taxi 1hour Waiting (Normal Tariff)

$23.60 CA$32.68

$17.26 $17.26

36.73%

Gasoline (1 liter)

$1.07 CA$1.48

$0.84 $0.84

27.38%

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

$25.4K CA$35.1K

$27.3K $27.3K

-7.00%

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

$22.6K CA$31.4K

$27.1K $27.1K

-16.51%

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

$203 CA$282

$211 $211

-3.60%

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

$44.75 CA$62.0

$50.3 $50.3

-11.07%

Internet (50+ Mbps, Unlimited Data)

$64.9 CA$89.8

$65.6 $65.6

-1.08%

Gym Membership (Monthly)

$48.65 CA$67.4

$38.43 $38.43

26.59%

Tennis Court (1 Hour on Weekend)

$9.94 $9.94

Cinema Ticket

$13.39 CA$18.54

$11.24 $11.24

19.13%

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

$701 CA$971

$949 $949

-26.15%

International Primary School, 1 Child (Yearly)

$11.7K CA$16.1K

$15.9K $15.9K

-26.71%

Jeans (Levis 501 Or Similar)

$49.54 CA$68.6

$63.7 $63.7

-22.24%

Summer Dress (H&M, Zara, etc)

$42.27 CA$58.5

$37.06 $37.06

14.06%

Sport Shoes (Adidas, Nike)

$82.7 CA$114

$76.0 $76.0

8.76%

Men's Leather Business Shoes

$102 CA$141

$117 $117

-12.73%

1-bedroom Apartment, City Center (Monthly)

$1,260 CA$1,744

$977 $977

28.89%

1-bedroom Apartment, Outside City Center (Monthly)

$1,194 CA$1,653

$781 $781

52.88%

3-bedroom Apartment, City Center (Monthly)

$1,875 CA$2,596

$1,559 $1,559

20.28%

3-bedroom Apartment, Outside City Center (Monthly)

$1,403 CA$1,942

$1,271 $1,271

10.36%

Buy Apartment in City Center (m2)

$23.6K CA$32.7K

$1,095 $1,095

2057.74%

Buy Apartment Outside City Center (m2)

$1,078 $1,078

Average Monthly Net Salary (After Tax)

$4,201 CA$5,817

$4,102 $4,102

2.43%

20-Year Fixed Mortgage Interest Rate (Annual %)

6.49

-22.96%

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

Last update for Cochrane: June 2, 2026

Last update for Peoria, IL: May 30, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,260 in Cochrane and $977 in Peoria, IL. Housing cost is often the main lever when comparing two cities.

Cochrane pays 2% 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: $68.0 in Cochrane vs $60.0 in Peoria, IL. Groceries flip the comparison at $303 vs $351, with Cochrane cheaper for home cooking.

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

Peoria, IL wins on cost – living expenses run 21% lower than in Cochrane. Housing and daily spending are where you'll feel the difference most, making Peoria, IL the obvious pick if budget is a priority.

Cochrane pays 2% more on average, which matters when comparing affordability. Whether that higher income actually nets you more depends on your spending habits and housing choices.

Rent for a central apartment: $1,260 in Cochrane versus $977 in Peoria, IL. Housing is usually the single largest factor when comparing overall living costs between the two.

Dining out is cheaper in Peoria, IL – a meal for two runs $60.0 versus $68.0 in Cochrane. If you eat out regularly, this makes a real dent in your monthly spending.

All in, you'll spend $2,351 per month in Cochrane versus $1,942 in Peoria, IL – a 21% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,942 in Peoria, IL versus $2,351 in Cochrane, a $2,000 budget is realistic in Peoria, IL but tight or insufficient in Cochrane. The gap between the two cities makes Peoria, IL 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 Peoria, IL gentler on the wallet – expenses run 21% less than in Cochrane. Beyond cost, consider language, visa policies, and how big the international community is in each city.