Jacksonville is 51% more expensive than Peoria.
When comparing Jacksonville, FL and Peoria, IL, the overall cost of living indices are 92 and 61 respectively (national median = 100). Rent is $424/month cheaper in Peoria, saving renters about $5,088/year.
Median household income is $8,265/year higher in Jacksonville. Home values also differ significantly — the median in Jacksonville is $266,100 compared to $149,500 in Peoria.
Florida has no state income tax, giving Jacksonville residents a significant tax advantage over Illinois's 4.95% rate.
Jacksonville vs Peoria — common questions
Other cost of living comparisons for Jacksonville and Peoria