Gilbert is 18% more expensive than Peoria.
When comparing Gilbert, AZ and Peoria, AZ, the overall cost of living indices are 148 and 125 respectively (national median = 100). Rent is $285/month cheaper in Peoria, saving renters about $3,420/year.
Median household income is $27,948/year higher in Gilbert. Home values also differ significantly — the median in Gilbert is $518,600 compared to $429,400 in Peoria.
Both cities share the same state tax structure since they are in Arizona.
Gilbert vs Peoria — common questions
Other cost of living comparisons for Gilbert and Peoria