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

Carrollton

Texas
116
VS

Peoria

Illinois
61

Carrollton is 90% more expensive than Peoria.

$1,674/mo ↑ 76%
Median Rent
$951/mo ↓ 43%
$99,115/yr ↑ 69%
Median Income
$58,716/yr ↓ 41%
$353,600 ↑ 137%
Home Value
$149,500 ↓ 58%
$1,689/mo ↑ 68%
Owner Costs
$1,007/mo ↓ 40%
132,741
Population
112,126

Tax Comparison

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

Affordability

20.3%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Carrollton, TX and Peoria, IL, the overall cost of living indices are 116 and 61 respectively (national median = 100). Rent is $723/month cheaper in Peoria, saving renters about $8,676/year.

Median household income is $40,399/year higher in Carrollton. Home values also differ significantly — the median in Carrollton is $353,600 compared to $149,500 in Peoria.

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

Frequently Asked Questions

Carrollton vs Peoria — common questions

Is Carrollton or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 116 (US average = 100).
What is the rent difference between Carrollton and Peoria?
Median rent in Carrollton is $1,674/month and in Peoria it's $951/month — a difference of $723/month.
Which city has higher income, Carrollton or Peoria?
Median household income is $99,115 in Carrollton and $58,716 in Peoria. Median household income is $40,399/year higher in Carrollton.
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 Carrollton or Peoria?
It depends on your priorities. Carrollton has a cost index of 116 with median rent of $1,674/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 Carrollton details → View Peoria details →

More Comparisons

Other cost of living comparisons for Carrollton and Peoria

Carrollton vs. New Haven Carrollton vs. Santa Clara Carrollton vs. Sterling Heights Carrollton vs. Fargo Carrollton vs. Coral Springs Carrollton vs. Norman Peoria vs. Pompano Beach Peoria vs. Downey Peoria vs. Lansing Peoria vs. Murrieta Peoria vs. Las Cruces Peoria vs. Pueblo