Cost of Living: Arvada, CO vs Peoria, IL (2026)

Arvada

Colorado
152
VS

Peoria

Illinois
61

Arvada is 149% more expensive than Peoria.

$1,802/mo ↑ 89%
Median Rent
$951/mo ↓ 47%
$113,396/yr ↑ 93%
Median Income
$58,716/yr ↓ 48%
$600,800 ↑ 302%
Home Value
$149,500 ↓ 75%
$1,948/mo ↑ 93%
Owner Costs
$1,007/mo ↓ 48%
122,835
Population
112,126

Tax Comparison

4.4%
Income Tax
4.95%
2.9%
State Sales Tax
6.25%
0.51%
Property Tax
2.07%

Affordability

19.1%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Arvada, CO and Peoria, IL, the overall cost of living indices are 152 and 61 respectively (national median = 100). Rent is $851/month cheaper in Peoria, saving renters about $10,212/year.

Median household income is $54,680/year higher in Arvada. Home values also differ significantly — the median in Arvada is $600,800 compared to $149,500 in Peoria.

Colorado has a lower income tax rate, making Arvada slightly more tax-friendly.

Frequently Asked Questions

Arvada vs Peoria — common questions

Is Arvada or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 152 (US average = 100).
What is the rent difference between Arvada and Peoria?
Median rent in Arvada is $1,802/month and in Peoria it's $951/month — a difference of $851/month.
Which city has higher income, Arvada or Peoria?
Median household income is $113,396 in Arvada and $58,716 in Peoria. Median household income is $54,680/year higher in Arvada.
How do taxes compare between Colorado and Illinois?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Arvada or Peoria?
It depends on your priorities. Arvada has a cost index of 152 with median rent of $1,802/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 Arvada details → View Peoria details →

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