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 $15.60 $30.79 $38.84 $51.00 $24.33 $29.54 $35.24 $37.67 $12.02 $17.13 $22.33 $25.91
Poverty Wage $6.19 $8.38 $10.56 $12.74 $8.38 $10.56 $12.74 $14.92 $4.19 $5.28 $6.37 $7.46
Minimum Wage $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00

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 $3,423 $5,044 $7,577 $10,050 $6,275 $7,809 $10,068 $12,257 $6,275 $7,809 $10,068 $12,257
Child Care $0 $7,954 $15,907 $23,861 $0 $0 $0 $0 $0 $7,954 $15,907 $23,861
Medical $2,715 $7,991 $7,778 $8,087 $5,822 $7,778 $8,087 $7,876 $5,822 $7,778 $8,087 $7,876
Housing $6,919 $9,408 $9,408 $12,149 $7,401 $9,408 $9,408 $12,149 $6,919 $9,408 $9,408 $12,149
Transportation $5,305 $9,414 $12,239 $14,456 $9,414 $12,239 $14,456 $15,700 $9,414 $12,239 $14,456 $15,700
Civic $2,894 $4,646 $5,741 $7,496 $4,646 $5,741 $7,496 $5,959 $4,646 $5,741 $7,496 $5,959
Other $4,939 $7,366 $6,739 $9,804 $7,366 $6,739 $9,804 $9,484 $7,366 $6,739 $9,804 $9,484
Required annual income after taxes $26,319 $51,946 $65,511 $86,027 $41,048 $49,836 $59,443 $63,548 $40,566 $57,790 $75,351 $87,409
Annual taxes $6,133 $12,106 $15,267 $20,048 $9,566 $11,614 $13,853 $14,809 $9,454 $13,468 $17,560 $20,370
Required annual income before taxes $32,452 $64,052 $80,778 $106,076 $50,614 $61,450 $73,297 $78,357 $50,019 $71,258 $92,911 $107,779

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $106,850
Business & Financial Operations $78,313
Computer & Mathematical $93,154
Architecture & Engineering $0
Life, Physical, & Social Science $73,595
Community & Social Service $43,389
Legal $85,375
Education, Training, & Library $43,902
Arts, Design, Entertainment, Sports, & Media $43,956
Healthcare Practitioners & Technical $67,250
Healthcare Support $32,047
Protective Service $42,800
Food Preparation & Serving Related $22,973
Building & Grounds Cleaning & Maintenance $27,189
Personal Care & Service $26,247
Sales & Related $29,778
Office & Administrative Support $38,081
Farming, Fishing, & Forestry $0
Construction & Extraction $68,929
Installation, Maintenance, & Repair $52,922
Production $45,133
Transportation & Material Moving $36,722