Dallas, TX vs Peoria, IL: 97 vs 61

$1,403/mo ↑ 48%

Median Rent

$951/mo ↓ 32%

$67,760/yr ↑ 15%

Median Income

$58,716/yr ↓ 13%

$295,300 ↑ 98%

Home Value

$149,500 ↓ 49%

$1,409/mo ↑ 40%

Owner Costs

$1,007/mo ↓ 29%

1,299,553

Population

112,126

Detailed Comparison

When comparing Dallas, TX and Peoria, IL, the overall cost of living indices are 97 and 61 respectively (national median = 100). Rent is $452/month cheaper in Peoria, saving renters about $5,424/year.

Median household income is $9,044/year higher in Dallas. Home values also differ significantly — the median in Dallas is $295,300 compared to $149,500 in Peoria.

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

Frequently Asked Questions

Dallas vs Peoria — common questions

Is Dallas or Peoria cheaper to live in?

Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 97 (US average = 100).

What is the rent difference between Dallas and Peoria?

Median rent in Dallas is $1,403/month and in Peoria it's $951/month — a difference of $452/month.

Which city has higher income, Dallas or Peoria?

Median household income is $67,760 in Dallas and $58,716 in Peoria. Median household income is $9,044/year higher in Dallas.

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 Dallas or Peoria?

It depends on your priorities. Dallas has a cost index of 97 with median rent of $1,403/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.

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

Dallas

Peoria

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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