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College Costs in Peoria, IL 2026

Compare tuition, housing, and financial aid across 5 colleges in Peoria, Illinois. Use our free calculator to estimate your total cost.

Avg Public Tuition

$8,032

per year

Avg Private Tuition

$38,400

per year

Avg Rent Near Campus

$1,049

per month

Colleges & Universities

5

institutions

Peoria Overview

Population

113,150

Student Population

4,843 (4.3%)

Cost of Living Index

104 (avg: 100)

Walk Score

45/100

Transit Score

43/100

Unemployment Rate

5.6%

College Cost Calculator for Peoria

Cost Inputs

Total Cost (4 Years, Public In-State)

$74,392

Total After Financial Aid

$74,392

Annual Cost

$18,598

Annual After Aid

$18,598

Cost Breakdown (4 Years)

Tuition$32,128
Room & Board$42,264

If Financed (10-Year Loan at 6.5%)

Loan Amount$74,392
Monthly Payment$845
Total Interest$26,973
Total Loan Cost$101,365

Universities in Peoria

UniversityTypeAnnual Tuition
Bradley UniversityPrivate$38,400
Illinois Central CollegeCommunity$4,980

Peoria has 5 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.

Cost of Living in Peoria vs. National Average

CategoryPeoriaNational AvgDifference
Public Tuition (In-State)$8,032$10,940-$2,908
Monthly Rent Near Campus$1,049$1,050-$1
Cost of Living Index104100+4

Peoria's cost of living is near the national average. Students can expect typical expenses comparable to most other U.S. cities.

Student Life in Peoria

45

Walk Score

Car-Dependent

43

Transit Score

Some Transit

4.3%

Student Population

4,843 students

Peoria has a total population of 113,150, with approximately 4,843 college students (4.3% of the population). While not primarily a college town, Peoria offers students access to urban amenities, diverse employment opportunities, and a wide range of cultural experiences.

Post-Graduation Outlook in Peoria

$54,109

Starting Salary

5.6%

Unemployment Rate

47%

Graduation Rate

~4 yrs

ROI Payback Period

Return on Investment Analysis

Graduates from colleges in Peoria earn a median starting salary of $54,109, which is $19,109 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $74,392 (including room and board), it would take approximately 4 years of the salary premium to recoup the investment. With average financial aid of $9,588 per student per year, the net cost and payback period can be significantly reduced.

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