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

El Paso

Texas
67
VS

Peoria

Illinois
61

El Paso is 10% more expensive than Peoria.

$1,041/mo ↑ 9%
Median Rent
$951/mo ↓ 9%
$58,734/yr ≈ Same
Median Income
$58,716/yr ≈ Same
$171,700 ↑ 15%
Home Value
$149,500 ↓ 13%
$1,044/mo ↑ 4%
Owner Costs
$1,007/mo ↓ 4%
678,147
Population
112,126

Tax Comparison

0%
Income Tax
4.95%
6.25%
State Sales Tax
6.25%
1.6%
Property Tax
2.07%

Affordability

21.3%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing El Paso, TX and Peoria, IL, the overall cost of living indices are 67 and 61 respectively (national median = 100). Rent is $90/month cheaper in Peoria, saving renters about $1,080/year.

Median household income is $18/year higher in El Paso. Home values also differ significantly — the median in El Paso is $171,700 compared to $149,500 in Peoria.

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

Frequently Asked Questions

El Paso vs Peoria — common questions

Is El Paso or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 67 (US average = 100).
What is the rent difference between El Paso and Peoria?
Median rent in El Paso is $1,041/month and in Peoria it's $951/month — a difference of $90/month.
Which city has higher income, El Paso or Peoria?
Median household income is $58,734 in El Paso and $58,716 in Peoria. Median household income is $18/year higher in El Paso.
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 El Paso or Peoria?
It depends on your priorities. El Paso has a cost index of 67 with median rent of $1,041/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 El Paso details → View Peoria details →

More Comparisons

Other cost of living comparisons for El Paso and Peoria

El Paso vs. Nashville El Paso vs. Washington El Paso vs. Oklahoma City El Paso vs. Boston El Paso vs. Denver El Paso vs. Las Vegas Peoria vs. Pompano Beach Peoria vs. Downey Peoria vs. Lansing Peoria vs. Murrieta Peoria vs. Las Cruces Peoria vs. Pueblo