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: $1,092 in Cochrane versus $2,016 in Peoria, IL.

Estimated couple costs with rent: $2,461 in Cochrane versus $2,969 in Peoria, IL.

Monthly costs for a family of three with rent: $3,831 in Cochrane versus $3,922 in Peoria, IL.

Living in Cochrane costs roughly 46% less than in Peoria, IL, driven mainly by Groceries & Markets.

The two cities straddle the global median: Cochrane is 21% below, Peoria, IL is 47% above.

Meal at Budget Restaurant

$18.30 CA$25.32

$15.17 $15.17

20.63%

Three-Course Dinner for Two, Mid-Range

$72.4 CA$100

$62.9 $62.9

15.00%

Fast Food Meal (McDonalds, etc)

$10.00 CA$13.84

$7.92 $7.92

26.26%

Cappuccino

$3.83 CA$5.30

$4.78 $4.78

-19.87%

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

$2.29 CA$3.16

$2.15 $2.15

6.51%

Water (0.33 liter bottle)

$1.74 CA$2.40

$1.13 $1.13

53.98%

Local Beer (0.5 liter draught)

$5.69 CA$7.87

$4.91 $4.91

15.89%

Imported Beer (0.33 liter bottle)

$5.67 CA$7.85

$4.92 $4.92

15.24%

Milk (1 liter)

$1.61 CA$2.23

$0.87 $0.87

85.06%

White Bread (500g)

$2.15 CA$2.98

$2.37 $2.37

-9.28%

Rice (white) (1kg)

$2.95 CA$4.08

$4.77 $4.77

-38.16%

Eggs

$3.18 CA$4.41

$3.73 $3.73

-14.75%

Local Cheese (1kg)

$8.80 CA$12.18

$12.20 $12.20

-27.87%

Chicken Fillets (1kg)

$8.60 CA$11.89

$12.39 $12.39

-30.59%

Beef Round Steak (1kg)

$8.86 CA$12.26

$17.24 $17.24

-48.61%

Apples (1kg)

$4.41 CA$6.10

$5.03 $5.03

-12.33%

Banana (1kg)

$1.35 CA$1.87

$1.50 $1.50

-10.00%

Oranges (1kg)

$4.46 CA$6.17

$4.88 $4.88

-8.61%

Tomato (1kg)

$1.47 CA$2.03

$4.18 $4.18

-64.83%

Potato (1kg)

$1.46 CA$2.02

$2.53 $2.53

-42.29%

Onion (1kg)

$1.91 CA$2.64

$2.95 $2.95

-35.25%

Lettuce (1 head)

$2.50 CA$3.45

$1.95 $1.95

28.21%

Water (1.5 liter bottle)

$1.91 CA$2.64

$2.55 $2.55

-25.10%

Cigarettes 20 Pack (Marlboro, Camel)

$14.38 CA$19.90

$10.06 $10.06

42.94%

Wine (Bottle)

$8.62 CA$11.92

$12.92 $12.92

-33.28%

Local Beer (0.5 liter bottle)

$3.23 CA$4.47

$2.04 $2.04

58.33%

Imported Beer (0.33 liter bottle)

$2.88 CA$3.99

$3.59 $3.59

-19.78%

One-way Ticket (Public Transport)

$3.66 CA$5.07

$0.98 $0.98

273.47%

Public Transport Monthly Pass (Regular Price)

$40.38 $40.38

Taxi Start (Normal Tariff)

$2.88 CA$3.99

$2.01 $2.01

43.28%

Taxi (Normal Tariff) (1km)

$1.37 CA$1.90

$1.68 $1.68

-18.45%

Taxi 1hour Waiting (Normal Tariff)

$21.58 CA$29.87

$17.23 $17.23

25.25%

Gasoline (1 liter)

$1.04 CA$1.44

$0.97 $0.97

7.22%

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

$28.2K CA$39.0K

$37.1K $37.1K

-24.00%

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

$19.8K CA$27.4K

$25.7K $25.7K

-22.96%

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

$213 CA$295

$230 $230

-7.31%

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

$41.63 CA$57.6

$52.1 $52.1

-20.10%

Internet (50+ Mbps, Unlimited Data)

$55.8 CA$77.2

$64.3 $64.3

-13.19%

Gym Membership (Monthly)

$46.16 CA$63.9

$38.09 $38.09

21.19%

Tennis Court (1 Hour on Weekend)

$10.16 $10.16

Cinema Ticket

$13.37 CA$18.51

$14.47 $14.47

-7.60%

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

$792 CA$1,096

$1,750 $1,750

-54.73%

International Primary School, 1 Child (Yearly)

$9,939 CA$13.8K

$12.9K $12.9K

-22.67%

Jeans (Levis 501 Or Similar)

$46.07 CA$63.8

$57.9 $57.9

-20.42%

Summer Dress (H&M, Zara, etc)

$47.71 CA$66.0

$33.09 $33.09

44.18%

Sport Shoes (Adidas, Nike)

$84.4 CA$117

$64.3 $64.3

31.26%

Men's Leather Business Shoes

$96.6 CA$134

$98.6 $98.6

-1.97%

1-bedroom Apartment, City Center (Monthly)

$1,251 CA$1,731

$1,014 $1,014

23.42%

1-bedroom Apartment, Outside City Center (Monthly)

$786 $786

3-bedroom Apartment, City Center (Monthly)

$1,796 CA$2,485

$1,572 $1,572

14.22%

3-bedroom Apartment, Outside City Center (Monthly)

$1,393 CA$1,927

$1,300 $1,300

7.13%

Buy Apartment in City Center (m2)

$23.5K CA$32.5K

$1,105 $1,105

2028.77%

Buy Apartment Outside City Center (m2)

$1,114 $1,114

Average Monthly Net Salary (After Tax)

$4,179 CA$5,782

$4,079 $4,079

2.44%

20-Year Fixed Mortgage Interest Rate (Annual %)

4.32

6.14

-29.64%

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

Last update for Cochrane: August 31, 2026

Last update for Peoria, IL: August 29, 2026

Cost Breakdown

A one-bedroom apartment in the center runs $1,251 in Cochrane and $1,014 in Peoria, IL. Housing cost is often the main lever when comparing two cities.

Cochrane pays 2% more on average while also being the cheaper of the two. The combined effect is a noticeably stronger local purchasing power.

Dining out: $72.0 in Cochrane vs $63.0 in Peoria, IL. Groceries flip the comparison at $294 vs $387, 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

Cochrane wins on cost – living expenses run 85% 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.

Average pay runs 2% higher in Cochrane, 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: $1,251 in Cochrane versus $1,014 in Peoria, IL. Housing is usually the single largest factor when comparing overall living costs between the two.

Supermarket bills run roughly 32% higher in Peoria, IL. For households that cook at home regularly, that difference adds up over a month.

All in, you'll spend $1,092 per month in Cochrane versus $2,016 in Peoria, IL – a 85% gap that adds up to real savings over time for anyone picking the cheaper option.

At $1,092 in Cochrane versus $2,016 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 85% less than in Peoria, IL. Beyond cost, consider language, visa policies, and how big the international community is in each city.