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

Las Vegas

Nevada
111
VS

Peoria

Illinois
61

Las Vegas is 82% more expensive than Peoria.

$1,456/mo ↑ 53%
Median Rent
$951/mo ↓ 35%
$70,723/yr ↑ 20%
Median Income
$58,716/yr ↓ 17%
$395,300 ↑ 164%
Home Value
$149,500 ↓ 62%
$1,452/mo ↑ 44%
Owner Costs
$1,007/mo ↓ 31%
650,873
Population
112,126

Tax Comparison

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

Affordability

24.7%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Las Vegas, NV and Peoria, IL, the overall cost of living indices are 111 and 61 respectively (national median = 100). Rent is $505/month cheaper in Peoria, saving renters about $6,060/year.

Median household income is $12,007/year higher in Las Vegas. Home values also differ significantly — the median in Las Vegas is $395,300 compared to $149,500 in Peoria.

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

Frequently Asked Questions

Las Vegas vs Peoria — common questions

Is Las Vegas or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 111 (US average = 100).
What is the rent difference between Las Vegas and Peoria?
Median rent in Las Vegas is $1,456/month and in Peoria it's $951/month — a difference of $505/month.
Which city has higher income, Las Vegas or Peoria?
Median household income is $70,723 in Las Vegas and $58,716 in Peoria. Median household income is $12,007/year higher in Las Vegas.
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 Las Vegas or Peoria?
It depends on your priorities. Las Vegas has a cost index of 111 with median rent of $1,456/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 Las Vegas details → View Peoria details →

More Comparisons

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