Cost of Living: Hollywood, FL vs Peoria, IL (2026)

Hollywood

Florida
113
VS

Peoria

Illinois
61

Hollywood is 85% more expensive than Peoria.

$1,555/mo ↑ 64%
Median Rent
$951/mo ↓ 39%
$65,359/yr ↑ 11%
Median Income
$58,716/yr ↓ 10%
$374,200 ↑ 150%
Home Value
$149,500 ↓ 60%
$1,568/mo ↑ 56%
Owner Costs
$1,007/mo ↓ 36%
152,935
Population
112,126

Tax Comparison

0%
Income Tax
4.95%
6.0%
State Sales Tax
6.25%
0.86%
Property Tax
2.07%

Affordability

28.6%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Hollywood, FL and Peoria, IL, the overall cost of living indices are 113 and 61 respectively (national median = 100). Rent is $604/month cheaper in Peoria, saving renters about $7,248/year.

Median household income is $6,643/year higher in Hollywood. Home values also differ significantly — the median in Hollywood is $374,200 compared to $149,500 in Peoria.

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

Frequently Asked Questions

Hollywood vs Peoria — common questions

Is Hollywood or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 113 (US average = 100).
What is the rent difference between Hollywood and Peoria?
Median rent in Hollywood is $1,555/month and in Peoria it's $951/month — a difference of $604/month.
Which city has higher income, Hollywood or Peoria?
Median household income is $65,359 in Hollywood and $58,716 in Peoria. Median household income is $6,643/year higher in Hollywood.
How do taxes compare between Florida and Illinois?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Hollywood or Peoria?
It depends on your priorities. Hollywood has a cost index of 113 with median rent of $1,555/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 Hollywood details → View Peoria details →

More Comparisons

Other cost of living comparisons for Hollywood and Peoria

Hollywood vs. Sunnyvale Hollywood vs. Roseville Hollywood vs. Springfield Hollywood vs. Charleston Hollywood vs. Kansas City Hollywood vs. Bellevue Peoria vs. Pompano Beach Peoria vs. Downey Peoria vs. Lansing Peoria vs. Murrieta Peoria vs. Las Cruces Peoria vs. Pueblo