Cost of Living: Cincinnati, OH vs Peoria, IL (2026)

Cincinnati

Ohio
69
VS

Peoria

Illinois
61

Cincinnati is 13% more expensive than Peoria.

$953/mo ≈ Same
Median Rent
$951/mo ≈ Same
$51,707/yr ↓ 12%
Median Income
$58,716/yr ↑ 14%
$215,300 ↑ 44%
Home Value
$149,500 ↓ 31%
$1,041/mo ↑ 3%
Owner Costs
$1,007/mo ↓ 3%
309,595
Population
112,126

Tax Comparison

3.5%
Income Tax
4.95%
5.75%
State Sales Tax
6.25%
1.53%
Property Tax
2.07%

Affordability

22.1%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Cincinnati, OH and Peoria, IL, the overall cost of living indices are 69 and 61 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $7,009/year higher in Peoria. Home values also differ significantly — the median in Cincinnati is $215,300 compared to $149,500 in Peoria.

Ohio has a lower income tax rate, making Cincinnati slightly more tax-friendly.

Frequently Asked Questions

Cincinnati vs Peoria — common questions

Is Cincinnati or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 69 (US average = 100).
What is the rent difference between Cincinnati and Peoria?
Median rent in Cincinnati is $953/month and in Peoria it's $951/month — a difference of $2/month.
Which city has higher income, Cincinnati or Peoria?
Median household income is $51,707 in Cincinnati and $58,716 in Peoria. Median household income is $7,009/year higher in Peoria.
How do taxes compare between Ohio and Illinois?
Ohio has 3.5% income tax, 5.75% sales tax, and 1.53% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Cincinnati or Peoria?
It depends on your priorities. Cincinnati has a cost index of 69 with median rent of $953/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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