Cost of Living: Grand Rapids, MI vs Peoria, IL (2026)

Grand Rapids

Michigan
79
VS

Peoria

Illinois
61

Grand Rapids is 30% more expensive than Peoria.

$1,191/mo ↑ 25%
Median Rent
$951/mo ↓ 20%
$65,526/yr ↑ 12%
Median Income
$58,716/yr ↓ 10%
$225,500 ↑ 51%
Home Value
$149,500 ↓ 34%
$1,136/mo ↑ 13%
Owner Costs
$1,007/mo ↓ 11%
197,768
Population
112,126

Tax Comparison

4.25%
Income Tax
4.95%
6.0%
State Sales Tax
6.25%
1.38%
Property Tax
2.07%

Affordability

21.8%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Grand Rapids, MI and Peoria, IL, the overall cost of living indices are 79 and 61 respectively (national median = 100). Rent is $240/month cheaper in Peoria, saving renters about $2,880/year.

Median household income is $6,810/year higher in Grand Rapids. Home values also differ significantly — the median in Grand Rapids is $225,500 compared to $149,500 in Peoria.

Michigan has a lower income tax rate, making Grand Rapids slightly more tax-friendly.

Frequently Asked Questions

Grand Rapids vs Peoria — common questions

Is Grand Rapids or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 79 (US average = 100).
What is the rent difference between Grand Rapids and Peoria?
Median rent in Grand Rapids is $1,191/month and in Peoria it's $951/month — a difference of $240/month.
Which city has higher income, Grand Rapids or Peoria?
Median household income is $65,526 in Grand Rapids and $58,716 in Peoria. Median household income is $6,810/year higher in Grand Rapids.
How do taxes compare between Michigan and Illinois?
Michigan has 4.25% income tax, 6.0% sales tax, and 1.38% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Grand Rapids or Peoria?
It depends on your priorities. Grand Rapids has a cost index of 79 with median rent of $1,191/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 Grand Rapids details → View Peoria details →

More Comparisons

Other cost of living comparisons for Grand Rapids and Peoria

Grand Rapids vs. Montgomery Grand Rapids vs. Sioux Falls Grand Rapids vs. Grand Prairie Grand Rapids vs. Overland Park Grand Rapids vs. Sunrise Manor Grand Rapids vs. Huntington Beach Peoria vs. Pompano Beach Peoria vs. Downey Peoria vs. Lansing Peoria vs. Murrieta Peoria vs. Las Cruces Peoria vs. Pueblo