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

Cleveland

Ohio
51
VS

Peoria

Illinois
61

Cleveland is 16% cheaper than Peoria.

$894/mo ↓ 6%
Median Rent
$951/mo ↑ 6%
$39,187/yr ↓ 33%
Median Income
$58,716/yr ↑ 50%
$94,100 ↓ 37%
Home Value
$149,500 ↑ 59%
$866/mo ↓ 14%
Owner Costs
$1,007/mo ↑ 16%
367,523
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

27.4%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Cleveland, OH and Peoria, IL, the overall cost of living indices are 51 and 61 respectively (national median = 100). Rent is $57/month cheaper in Cleveland, saving renters about $684/year.

Median household income is $19,529/year higher in Peoria. Home values also differ significantly — the median in Cleveland is $94,100 compared to $149,500 in Peoria.

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

Frequently Asked Questions

Cleveland vs Peoria — common questions

Is Cleveland or Peoria cheaper to live in?
Based on our cost index, Cleveland is cheaper to live in with an index of 51 compared to 61 (US average = 100).
What is the rent difference between Cleveland and Peoria?
Median rent in Cleveland is $894/month and in Peoria it's $951/month — a difference of $57/month.
Which city has higher income, Cleveland or Peoria?
Median household income is $39,187 in Cleveland and $58,716 in Peoria. Median household income is $19,529/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 Cleveland or Peoria?
It depends on your priorities. Cleveland has a cost index of 51 with median rent of $894/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 Cleveland details → View Peoria details →

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