Cost of Living: Lubbock, TX vs Peoria, IL (2026)

Lubbock

Texas
75
VS

Peoria

Illinois
61

Lubbock is 23% more expensive than Peoria.

$1,137/mo ↑ 20%
Median Rent
$951/mo ↓ 16%
$60,487/yr ↑ 3%
Median Income
$58,716/yr ↓ 3%
$197,900 ↑ 32%
Home Value
$149,500 ↓ 24%
$1,179/mo ↑ 17%
Owner Costs
$1,007/mo ↓ 15%
261,078
Population
112,126

Tax Comparison

0%
Income Tax
4.95%
6.25%
State Sales Tax
6.25%
1.6%
Property Tax
2.07%

Affordability

22.6%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Lubbock, TX and Peoria, IL, the overall cost of living indices are 75 and 61 respectively (national median = 100). Rent is $186/month cheaper in Peoria, saving renters about $2,232/year.

Median household income is $1,771/year higher in Lubbock. Home values also differ significantly — the median in Lubbock is $197,900 compared to $149,500 in Peoria.

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

Frequently Asked Questions

Lubbock vs Peoria — common questions

Is Lubbock or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 75 (US average = 100).
What is the rent difference between Lubbock and Peoria?
Median rent in Lubbock is $1,137/month and in Peoria it's $951/month — a difference of $186/month.
Which city has higher income, Lubbock or Peoria?
Median household income is $60,487 in Lubbock and $58,716 in Peoria. Median household income is $1,771/year higher in Lubbock.
How do taxes compare between Texas and Illinois?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Lubbock or Peoria?
It depends on your priorities. Lubbock has a cost index of 75 with median rent of $1,137/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 Lubbock details → View Peoria details →

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