Cost of Living: Lexington, KY vs Peoria, AZ (2026)

Lexington

Kentucky
82
VS

Peoria

Arizona
125

Lexington is 34% cheaper than Peoria.

$1,101/mo ↓ 37%
Median Rent
$1,743/mo ↑ 58%
$67,631/yr ↓ 28%
Median Income
$93,403/yr ↑ 38%
$272,100 ↓ 37%
Home Value
$429,400 ↑ 58%
$1,160/mo ↓ 27%
Owner Costs
$1,589/mo ↑ 37%
321,122
Population
194,338

Tax Comparison

4.0%
Income Tax
2.5%
6.0%
State Sales Tax
5.6%
0.83%
Property Tax
0.62%

Affordability

19.5%
rent-to-income
Affordability
22.4%
rent-to-income

Detailed Comparison

When comparing Lexington, KY and Peoria, AZ, the overall cost of living indices are 82 and 125 respectively (national median = 100). Rent is $642/month cheaper in Lexington, saving renters about $7,704/year.

Median household income is $25,772/year higher in Peoria. Home values also differ significantly — the median in Lexington is $272,100 compared to $429,400 in Peoria.

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

Frequently Asked Questions

Lexington vs Peoria — common questions

Is Lexington or Peoria cheaper to live in?
Based on our cost index, Lexington is cheaper to live in with an index of 82 compared to 125 (US average = 100).
What is the rent difference between Lexington and Peoria?
Median rent in Lexington is $1,101/month and in Peoria it's $1,743/month — a difference of $642/month.
Which city has higher income, Lexington or Peoria?
Median household income is $67,631 in Lexington and $93,403 in Peoria. Median household income is $25,772/year higher in Peoria.
How do taxes compare between Kentucky and Arizona?
Kentucky has 4.0% income tax, 6.0% sales tax, and 0.83% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.
Should I move to Lexington or Peoria?
It depends on your priorities. Lexington has a cost index of 82 with median rent of $1,101/mo, while Peoria has a cost index of 125 with rent of $1,743/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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