Cost of Living: Henderson, NV vs Peoria, IL (2026)

Henderson

Nevada
131
VS

Peoria

Illinois
61

Henderson is 115% more expensive than Peoria.

$1,750/mo ↑ 84%
Median Rent
$951/mo ↓ 46%
$88,654/yr ↑ 51%
Median Income
$58,716/yr ↓ 34%
$465,000 ↑ 211%
Home Value
$149,500 ↓ 68%
$1,686/mo ↑ 67%
Owner Costs
$1,007/mo ↓ 40%
324,523
Population
112,126

Tax Comparison

0%
Income Tax
4.95%
6.85%
State Sales Tax
6.25%
0.53%
Property Tax
2.07%

Affordability

23.7%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Henderson, NV and Peoria, IL, the overall cost of living indices are 131 and 61 respectively (national median = 100). Rent is $799/month cheaper in Peoria, saving renters about $9,588/year.

Median household income is $29,938/year higher in Henderson. Home values also differ significantly — the median in Henderson is $465,000 compared to $149,500 in Peoria.

Nevada has no state income tax, giving Henderson residents a significant tax advantage over Illinois's 4.95% rate.

Frequently Asked Questions

Henderson vs Peoria — common questions

Is Henderson or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 131 (US average = 100).
What is the rent difference between Henderson and Peoria?
Median rent in Henderson is $1,750/month and in Peoria it's $951/month — a difference of $799/month.
Which city has higher income, Henderson or Peoria?
Median household income is $88,654 in Henderson and $58,716 in Peoria. Median household income is $29,938/year higher in Henderson.
How do taxes compare between Nevada and Illinois?
Nevada has 0% income tax, 6.85% sales tax, and 0.53% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Henderson or Peoria?
It depends on your priorities. Henderson has a cost index of 131 with median rent of $1,750/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 Henderson details → View Peoria details →

More Comparisons

Other cost of living comparisons for Henderson and Peoria

Henderson vs. Anaheim Henderson vs. Lexington Henderson vs. Honolulu Henderson vs. Stockton Henderson vs. Cleveland Henderson vs. Corpus Christi Peoria vs. Pompano Beach Peoria vs. Downey Peoria vs. Lansing Peoria vs. Murrieta Peoria vs. Las Cruces Peoria vs. Pueblo