Chicago, IL vs Peoria, AZ: 100 vs 125

$1,380/mo ↓ 21%

Median Rent

$1,743/mo ↑ 26%

$75,134/yr ↓ 20%

Median Income

$93,403/yr ↑ 24%

$315,200 ↓ 27%

Home Value

$429,400 ↑ 36%

$1,502/mo ↓ 5%

Owner Costs

$1,589/mo ↑ 6%

2,707,648

Population

194,338

Detailed Comparison

When comparing Chicago, IL and Peoria, AZ, the overall cost of living indices are 100 and 125 respectively (national median = 100). Rent is $363/month cheaper in Chicago, saving renters about $4,356/year.

Median household income is $18,269/year higher in Peoria. Home values also differ significantly — the median in Chicago is $315,200 compared to $429,400 in Peoria.

Arizona has a lower income tax rate, making Peoria slightly more tax-friendly.

Frequently Asked Questions

Chicago vs Peoria — common questions

Is Chicago or Peoria cheaper to live in?

Based on our cost index, Chicago is cheaper to live in with an index of 100 compared to 125 (US average = 100).

What is the rent difference between Chicago and Peoria?

Median rent in Chicago is $1,380/month and in Peoria it's $1,743/month — a difference of $363/month.

Which city has higher income, Chicago or Peoria?

Median household income is $75,134 in Chicago and $93,403 in Peoria. Median household income is $18,269/year higher in Peoria.

How do taxes compare between Illinois and Arizona?

Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.

Should I move to Chicago or Peoria?

It depends on your priorities. Chicago has a cost index of 100 with median rent of $1,380/mo, while Peoria has a cost index of 125 with rent of $1,743/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Chicago, IL vs Peoria, AZ (2026)

Chicago

Peoria

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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