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

Fort Worth

Texas
97
VS

Peoria

Illinois
61

Fort Worth is 59% more expensive than Peoria.

$1,412/mo ↑ 48%
Median Rent
$951/mo ↓ 33%
$76,602/yr ↑ 30%
Median Income
$58,716/yr ↓ 23%
$277,300 ↑ 85%
Home Value
$149,500 ↓ 46%
$1,489/mo ↑ 48%
Owner Costs
$1,007/mo ↓ 32%
941,311
Population
112,126

Tax Comparison

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

Affordability

22.1%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Fort Worth, TX and Peoria, IL, the overall cost of living indices are 97 and 61 respectively (national median = 100). Rent is $461/month cheaper in Peoria, saving renters about $5,532/year.

Median household income is $17,886/year higher in Fort Worth. Home values also differ significantly — the median in Fort Worth is $277,300 compared to $149,500 in Peoria.

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

Frequently Asked Questions

Fort Worth vs Peoria — common questions

Is Fort Worth 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 Fort Worth and Peoria?
Median rent in Fort Worth is $1,412/month and in Peoria it's $951/month — a difference of $461/month.
Which city has higher income, Fort Worth or Peoria?
Median household income is $76,602 in Fort Worth and $58,716 in Peoria. Median household income is $17,886/year higher in Fort Worth.
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 Fort Worth or Peoria?
It depends on your priorities. Fort Worth has a cost index of 97 with median rent of $1,412/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 Fort Worth details → View Peoria details →

More Comparisons

Other cost of living comparisons for Fort Worth and Peoria

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