Cost of Living: Gresham, OR vs Peoria, IL (2026)

Gresham

Oregon
119
VS

Peoria

Illinois
61

Gresham is 58% more expensive than Peoria.

$1,508/mo ↑ 59%
Median Rent
$951/mo ↓ 37%
$73,608/yr ↑ 25%
Median Income
$58,716/yr ↓ 20%
$440,000 ↑ 194%
Home Value
$149,500 ↓ 66%
$1,590/mo ↑ 58%
Owner Costs
$1,007/mo ↓ 37%
112,818
Population
112,126

Tax Comparison

9.9%
Income Tax
4.95%
0%
Sales Tax
6.25%
0.93%
Property Tax
2.07%

Affordability

24.6%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Gresham, OR and Peoria, IL, the overall cost of living indices are 119 and 61 respectively (national median = 100). Rent is $557/month cheaper in Peoria, saving renters about $6,684/year.

Median household income is $14,892/year higher in Gresham. Home values also differ significantly — the median in Gresham is $440,000 compared to $149,500 in Peoria.

Illinois has a lower income tax rate, making Peoria slightly more tax-friendly.

Frequently Asked Questions

Gresham vs Peoria — common questions

Is Gresham or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 119 (US average = 100).
What is the rent difference between Gresham and Peoria?
Median rent in Gresham is $1,508/month and in Peoria it's $951/month — a difference of $557/month.
Which city has higher income, Gresham or Peoria?
Median household income is $73,608 in Gresham and $58,716 in Peoria. Median household income is $14,892/year higher in Gresham.
How do taxes compare between Oregon and Illinois?
Oregon has 9.9% income tax, 0% sales tax, and 0.93% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Gresham or Peoria?
It depends on your priorities. Gresham has a cost index of 119 with median rent of $1,508/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.
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