Cost of Living: Denver, CO vs Peoria, AZ (2026)

Denver

Colorado
147
VS

Peoria

Arizona
125

Denver is 18% more expensive than Peoria.

$1,770/mo ↑ 2%
Median Rent
$1,743/mo ↓ 2%
$91,681/yr ↓ 2%
Median Income
$93,403/yr ↑ 2%
$586,700 ↑ 37%
Home Value
$429,400 ↓ 27%
$1,839/mo ↑ 16%
Owner Costs
$1,589/mo ↓ 14%
713,734
Population
194,338

Tax Comparison

4.4%
Income Tax
2.5%
2.9%
State Sales Tax
5.6%
0.51%
Property Tax
0.62%

Affordability

23.2%
rent-to-income
Affordability
22.4%
rent-to-income

Detailed Comparison

When comparing Denver, CO and Peoria, AZ, the overall cost of living indices are 147 and 125 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $1,722/year higher in Peoria. Home values also differ significantly — the median in Denver is $586,700 compared to $429,400 in Peoria.

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

Frequently Asked Questions

Denver vs Peoria — common questions

Is Denver or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 125 compared to 147 (US average = 100).
What is the rent difference between Denver and Peoria?
Median rent in Denver is $1,770/month and in Peoria it's $1,743/month — a difference of $27/month.
Which city has higher income, Denver or Peoria?
Median household income is $91,681 in Denver and $93,403 in Peoria. Median household income is $1,722/year higher in Peoria.
How do taxes compare between Colorado and Arizona?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.
Should I move to Denver or Peoria?
It depends on your priorities. Denver has a cost index of 147 with median rent of $1,770/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.
View Denver details → View Peoria details →

More Comparisons

Other cost of living comparisons for Denver and Peoria

Denver vs. Seattle Denver vs. Oklahoma City Denver vs. San Francisco Denver vs. Nashville Denver vs. Indianapolis Denver vs. El Paso Peoria vs. Huntington Beach Peoria vs. Knoxville Peoria vs. Overland Park Peoria vs. Vancouver Peoria vs. Sioux Falls Peoria vs. Glendale