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

Denver

Colorado
147
VS

Peoria

Illinois
61

Denver is 141% more expensive than Peoria.

$1,770/mo ↑ 86%
Median Rent
$951/mo ↓ 46%
$91,681/yr ↑ 56%
Median Income
$58,716/yr ↓ 36%
$586,700 ↑ 292%
Home Value
$149,500 ↓ 75%
$1,839/mo ↑ 83%
Owner Costs
$1,007/mo ↓ 45%
713,734
Population
112,126

Tax Comparison

4.4%
Income Tax
4.95%
2.9%
State Sales Tax
6.25%
0.51%
Property Tax
2.07%

Affordability

23.2%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Denver, CO and Peoria, IL, the overall cost of living indices are 147 and 61 respectively (national median = 100). Rent is $819/month cheaper in Peoria, saving renters about $9,828/year.

Median household income is $32,965/year higher in Denver. Home values also differ significantly — the median in Denver is $586,700 compared to $149,500 in Peoria.

Colorado has a lower income tax rate, making Denver 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 61 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 $951/month — a difference of $819/month.
Which city has higher income, Denver or Peoria?
Median household income is $91,681 in Denver and $58,716 in Peoria. Median household income is $32,965/year higher in Denver.
How do taxes compare between Colorado and Illinois?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% 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 61 with rent of $951/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. Pompano Beach Peoria vs. Downey Peoria vs. Lansing Peoria vs. Murrieta Peoria vs. Las Cruces Peoria vs. Pueblo