Cost of Living: Greensboro, NC vs Peoria, IL (2026)

Greensboro

North Carolina
76
VS

Peoria

Illinois
61

Greensboro is 25% more expensive than Peoria.

$1,114/mo ↑ 17%
Median Rent
$951/mo ↓ 15%
$58,884/yr ≈ Same
Median Income
$58,716/yr ≈ Same
$221,300 ↑ 48%
Home Value
$149,500 ↓ 32%
$1,107/mo ↑ 10%
Owner Costs
$1,007/mo ↓ 9%
298,564
Population
112,126

Tax Comparison

4.5%
Income Tax
4.95%
4.75%
State Sales Tax
6.25%
0.8%
Property Tax
2.07%

Affordability

22.7%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Greensboro, NC and Peoria, IL, the overall cost of living indices are 76 and 61 respectively (national median = 100). Rent is $163/month cheaper in Peoria, saving renters about $1,956/year.

Median household income is $168/year higher in Greensboro. Home values also differ significantly — the median in Greensboro is $221,300 compared to $149,500 in Peoria.

North Carolina has a lower income tax rate, making Greensboro slightly more tax-friendly.

Frequently Asked Questions

Greensboro vs Peoria — common questions

Is Greensboro or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 76 (US average = 100).
What is the rent difference between Greensboro and Peoria?
Median rent in Greensboro is $1,114/month and in Peoria it's $951/month — a difference of $163/month.
Which city has higher income, Greensboro or Peoria?
Median household income is $58,884 in Greensboro and $58,716 in Peoria. Median household income is $168/year higher in Greensboro.
How do taxes compare between North Carolina and Illinois?
North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Greensboro or Peoria?
It depends on your priorities. Greensboro has a cost index of 76 with median rent of $1,114/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 Greensboro details → View Peoria details →

More Comparisons

Other cost of living comparisons for Greensboro and Peoria

Greensboro vs. Pittsburgh Greensboro vs. St. Louis Greensboro vs. Newark Greensboro vs. Lincoln Greensboro vs. St. Paul Greensboro vs. Jersey City Peoria vs. Pompano Beach Peoria vs. Downey Peoria vs. Lansing Peoria vs. Murrieta Peoria vs. Las Cruces Peoria vs. Pueblo