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

Louisville

Kentucky
74
VS

Peoria

Arizona
125

Louisville is 41% cheaper than Peoria.

$1,069/mo ↓ 39%
Median Rent
$1,743/mo ↑ 63%
$64,731/yr ↓ 31%
Median Income
$93,403/yr ↑ 44%
$221,500 ↓ 48%
Home Value
$429,400 ↑ 94%
$1,118/mo ↓ 30%
Owner Costs
$1,589/mo ↑ 42%
627,210
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

19.8%
rent-to-income
Affordability
22.4%
rent-to-income

Detailed Comparison

When comparing Louisville, KY and Peoria, AZ, the overall cost of living indices are 74 and 125 respectively (national median = 100). Rent is $674/month cheaper in Louisville, saving renters about $8,088/year.

Median household income is $28,672/year higher in Peoria. Home values also differ significantly — the median in Louisville is $221,500 compared to $429,400 in Peoria.

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

Frequently Asked Questions

Louisville vs Peoria — common questions

Is Louisville or Peoria cheaper to live in?
Based on our cost index, Louisville is cheaper to live in with an index of 74 compared to 125 (US average = 100).
What is the rent difference between Louisville and Peoria?
Median rent in Louisville is $1,069/month and in Peoria it's $1,743/month — a difference of $674/month.
Which city has higher income, Louisville or Peoria?
Median household income is $64,731 in Louisville and $93,403 in Peoria. Median household income is $28,672/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 Louisville or Peoria?
It depends on your priorities. Louisville has a cost index of 74 with median rent of $1,069/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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