Living Wage Calculation for Peoria, IL

The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. The assumption is the sole provider is working full-time (2080 hours per year). The tool provides information for individuals, and households with one or two working adults and zero to three children. In the case of households with two working adults, all values are per working adult, single or in a family unless otherwise noted.

The state minimum wage is the same for all individuals, regardless of how many dependents they may have. Data are updated annually, in the first quarter of the new year. State minimum wages are determined based on the posted value of the minimum wage as of January one of the coming year (National Conference of State Legislatures, 2019). The poverty rate reflects a person's gross annual income. We have converted it to an hourly wage for the sake of comparison.

For further detail, please reference the technical documentation here.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Living Wage $13.19 $27.68 $34.72 $44.38 $21.95 $26.09 $29.75 $31.40 $10.84 $15.24 $19.26 $22.28
Poverty Wage $6.13 $8.29 $10.44 $12.60 $8.29 $10.44 $12.60 $14.75 $4.14 $5.22 $6.30 $7.38
Minimum Wage $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00

Typical Expenses

These figures show the individual expenses that went into the living wage estimate. Their values vary by family size, composition, and the current location.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Food $3,246 $4,771 $7,141 $9,494 $5,950 $7,394 $9,505 $11,589 $5,950 $7,394 $9,505 $11,589
Child Care $0 $7,399 $14,798 $22,196 $0 $0 $0 $0 $0 $7,399 $14,798 $22,196
Medical $2,862 $7,772 $7,460 $7,600 $6,139 $7,460 $7,600 $7,253 $6,139 $7,460 $7,600 $7,253
Housing $6,184 $8,465 $8,465 $10,943 $6,645 $8,465 $8,465 $10,943 $6,184 $8,465 $8,465 $10,943
Transportation $5,149 $9,443 $11,753 $13,993 $9,443 $11,753 $13,993 $12,698 $9,443 $11,753 $13,993 $12,698
Civic $1,956 $4,200 $3,838 $4,457 $4,200 $3,838 $4,457 $4,300 $4,200 $3,838 $4,457 $4,300
Other $2,835 $4,620 $5,070 $6,127 $4,620 $5,070 $6,127 $6,145 $4,620 $5,070 $6,127 $6,145
Required annual income after taxes $22,231 $46,670 $58,526 $74,810 $36,996 $43,981 $50,147 $52,928 $36,536 $51,380 $64,944 $75,125
Annual taxes $5,198 $10,912 $13,684 $17,491 $8,650 $10,283 $11,725 $12,375 $8,542 $12,013 $15,184 $17,565
Required annual income before taxes $27,429 $57,581 $72,209 $92,301 $45,646 $54,264 $61,871 $65,304 $45,078 $63,393 $80,129 $92,689

Typical Annual Salaries

These are the typical annual salaries for various professions in this location.

Occupational Area Typical Annual Salary
Management $99,215
Business & Financial Operations $73,578
Computer & Mathematical $88,258
Architecture & Engineering $96,699
Life, Physical, & Social Science $67,296
Community & Social Service $42,907
Legal $84,637
Education, Training, & Library $41,597
Arts, Design, Entertainment, Sports, & Media $38,917
Healthcare Practitioners & Technical $63,490
Healthcare Support $29,781
Protective Service $36,380
Food Preparation & Serving Related $21,310
Building & Grounds Cleaning & Maintenance $25,177
Personal Care & Service $24,185
Sales & Related $26,599
Office & Administrative Support $34,651
Farming, Fishing, & Forestry $31,510
Construction & Extraction $63,603
Installation, Maintenance, & Repair $49,874
Production $42,845
Transportation & Material Moving $33,894