Cost of Living: Brandon, FL vs Peoria, IL (2026)

Brandon

Florida
108
VS

Peoria

Illinois
61

Brandon is 77% more expensive than Peoria.

$1,691/mo ↑ 78%
Median Rent
$951/mo ↓ 44%
$77,068/yr ↑ 31%
Median Income
$58,716/yr ↓ 24%
$293,800 ↑ 97%
Home Value
$149,500 ↓ 49%
$1,546/mo ↑ 54%
Owner Costs
$1,007/mo ↓ 35%
116,365
Population
112,126

Tax Comparison

0%
Income Tax
4.95%
6.0%
State Sales Tax
6.25%
0.86%
Property Tax
2.07%

Affordability

26.3%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Brandon, FL and Peoria, IL, the overall cost of living indices are 108 and 61 respectively (national median = 100). Rent is $740/month cheaper in Peoria, saving renters about $8,880/year.

Median household income is $18,352/year higher in Brandon. Home values also differ significantly — the median in Brandon is $293,800 compared to $149,500 in Peoria.

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

Frequently Asked Questions

Brandon vs Peoria — common questions

Is Brandon or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 108 (US average = 100).
What is the rent difference between Brandon and Peoria?
Median rent in Brandon is $1,691/month and in Peoria it's $951/month — a difference of $740/month.
Which city has higher income, Brandon or Peoria?
Median household income is $77,068 in Brandon and $58,716 in Peoria. Median household income is $18,352/year higher in Brandon.
How do taxes compare between Florida and Illinois?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Brandon or Peoria?
It depends on your priorities. Brandon has a cost index of 108 with median rent of $1,691/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.
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More Comparisons

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