Cost of Living: New Haven, CT vs Peoria, IL (2026)

New Haven

Connecticut
95
VS

Peoria

Illinois
61

New Haven is 56% more expensive than Peoria.

$1,442/mo ↑ 52%
Median Rent
$951/mo ↓ 34%
$53,771/yr ↓ 8%
Median Income
$58,716/yr ↑ 9%
$249,000 ↑ 67%
Home Value
$149,500 ↓ 40%
$1,520/mo ↑ 51%
Owner Costs
$1,007/mo ↓ 34%
132,893
Population
112,126

Tax Comparison

6.99%
Income Tax
4.95%
6.35%
State Sales Tax
6.25%
2.15%
Property Tax
2.07%

Affordability

32.2%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing New Haven, CT and Peoria, IL, the overall cost of living indices are 95 and 61 respectively (national median = 100). Rent is $491/month cheaper in Peoria, saving renters about $5,892/year.

Median household income is $4,945/year higher in Peoria. Home values also differ significantly — the median in New Haven is $249,000 compared to $149,500 in Peoria.

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

Frequently Asked Questions

New Haven vs Peoria — common questions

Is New Haven or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 95 (US average = 100).
What is the rent difference between New Haven and Peoria?
Median rent in New Haven is $1,442/month and in Peoria it's $951/month — a difference of $491/month.
Which city has higher income, New Haven or Peoria?
Median household income is $53,771 in New Haven and $58,716 in Peoria. Median household income is $4,945/year higher in Peoria.
How do taxes compare between Connecticut and Illinois?
Connecticut has 6.99% income tax, 6.35% sales tax, and 2.15% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to New Haven or Peoria?
It depends on your priorities. New Haven has a cost index of 95 with median rent of $1,442/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 New Haven details → View Peoria details →

More Comparisons

Other cost of living comparisons for New Haven and Peoria

New Haven vs. Sterling Heights New Haven vs. Carrollton New Haven vs. Coral Springs New Haven vs. Santa Clara New Haven vs. Midland New Haven vs. Fargo Peoria vs. Pompano Beach Peoria vs. Downey Peoria vs. Lansing Peoria vs. Murrieta Peoria vs. Las Cruces Peoria vs. Pueblo