Cost of Living: Abilene, TX vs Peoria, IL (2026)

Abilene

Texas
71
VS

Peoria

Illinois
61

Abilene is 10% more expensive than Peoria.

$1,106/mo ↑ 16%
Median Rent
$951/mo ↓ 14%
$62,720/yr ↑ 7%
Median Income
$58,716/yr ↓ 6%
$178,900 ↑ 20%
Home Value
$149,500 ↓ 16%
$1,114/mo ↑ 11%
Owner Costs
$1,007/mo ↓ 10%
127,130
Population
112,126

Tax Comparison

0%
Income Tax
4.95%
6.25%
Sales Tax
6.25%
1.6%
Property Tax
2.07%

Affordability

21.2%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Abilene, TX and Peoria, IL, the overall cost of living indices are 71 and 61 respectively (national median = 100). Rent is $155/month cheaper in Peoria, saving renters about $1,860/year.

Median household income is $4,004/year higher in Abilene. Home values also differ significantly — the median in Abilene is $178,900 compared to $149,500 in Peoria.

Texas has no state income tax, giving Abilene residents a significant tax advantage over Illinois's 4.95% rate.

Frequently Asked Questions

Abilene vs Peoria — common questions

Is Abilene or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 71 (US average = 100).
What is the rent difference between Abilene and Peoria?
Median rent in Abilene is $1,106/month and in Peoria it's $951/month — a difference of $155/month.
Which city has higher income, Abilene or Peoria?
Median household income is $62,720 in Abilene and $58,716 in Peoria. Median household income is $4,004/year higher in Abilene.
How do taxes compare between Texas and Illinois?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Abilene or Peoria?
It depends on your priorities. Abilene has a cost index of 71 with median rent of $1,106/mo, while Peoria has a cost index of 61 with rent of $951/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Abilene details → View Peoria details →