Evansville, IN vs Peoria, IL: 57 vs 61

$949/mo ≈ Same

Median Rent

$951/mo ≈ Same

$52,251/yr ↓ 11%

Median Income

$58,716/yr ↑ 12%

$129,100 ↓ 14%

Home Value

$149,500 ↑ 16%

$919/mo ↓ 9%

Owner Costs

$1,007/mo ↑ 10%

116,441

Population

112,126

Detailed Comparison

When comparing Evansville, IN and Peoria, IL, the overall cost of living indices are 57 and 61 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $6,465/year higher in Peoria. Home values also differ significantly — the median in Evansville is $129,100 compared to $149,500 in Peoria.

Indiana has a lower income tax rate, making Evansville slightly more tax-friendly.

Frequently Asked Questions

Evansville vs Peoria — common questions

Is Evansville or Peoria cheaper to live in?

Based on our cost index, Evansville is cheaper to live in with an index of 57 compared to 61 (US average = 100).

What is the rent difference between Evansville and Peoria?

Median rent in Evansville is $949/month and in Peoria it's $951/month — a difference of $2/month.

Which city has higher income, Evansville or Peoria?

Median household income is $52,251 in Evansville and $58,716 in Peoria. Median household income is $6,465/year higher in Peoria.

How do taxes compare between Indiana and Illinois?

Indiana has 3.05% income tax, 7.0% sales tax, and 0.83% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.

Should I move to Evansville or Peoria?

It depends on your priorities. Evansville has a cost index of 57 with median rent of $949/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: Evansville, IN vs Peoria, IL (2026)

Evansville

Peoria

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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