Cost of Living: Manchester, NH vs Peoria, IL (2026)

Manchester

New Hampshire
106
VS

Peoria

Illinois
61

Manchester is 74% more expensive than Peoria.

$1,465/mo ↑ 54%
Median Rent
$951/mo ↓ 35%
$77,415/yr ↑ 32%
Median Income
$58,716/yr ↓ 24%
$336,300 ↑ 125%
Home Value
$149,500 ↓ 56%
$1,548/mo ↑ 54%
Owner Costs
$1,007/mo ↓ 35%
115,415
Population
112,126

Tax Comparison

0%
Income Tax
4.95%
0%
State Sales Tax
6.25%
1.86%
Property Tax
2.07%

Affordability

22.7%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Manchester, NH and Peoria, IL, the overall cost of living indices are 106 and 61 respectively (national median = 100). Rent is $514/month cheaper in Peoria, saving renters about $6,168/year.

Median household income is $18,699/year higher in Manchester. Home values also differ significantly — the median in Manchester is $336,300 compared to $149,500 in Peoria.

New Hampshire has no state income tax, giving Manchester residents a significant tax advantage over Illinois's 4.95% rate.

Frequently Asked Questions

Manchester vs Peoria — common questions

Is Manchester or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 106 (US average = 100).
What is the rent difference between Manchester and Peoria?
Median rent in Manchester is $1,465/month and in Peoria it's $951/month — a difference of $514/month.
Which city has higher income, Manchester or Peoria?
Median household income is $77,415 in Manchester and $58,716 in Peoria. Median household income is $18,699/year higher in Manchester.
How do taxes compare between New Hampshire and Illinois?
New Hampshire has 0% income tax, 0% sales tax, and 1.86% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Manchester or Peoria?
It depends on your priorities. Manchester has a cost index of 106 with median rent of $1,465/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 Manchester details → View Peoria details →

More Comparisons

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