Newport News, VA vs Peoria, IL: 87 vs 61

$1,285/mo ↑ 35%

Median Rent

$951/mo ↓ 26%

$66,718/yr ↑ 14%

Median Income

$58,716/yr ↓ 12%

$243,300 ↑ 63%

Home Value

$149,500 ↓ 39%

$1,328/mo ↑ 32%

Owner Costs

$1,007/mo ↓ 24%

184,774

Population

112,126

Detailed Comparison

When comparing Newport News, VA and Peoria, IL, the overall cost of living indices are 87 and 61 respectively (national median = 100). Rent is $334/month cheaper in Peoria, saving renters about $4,008/year.

Median household income is $8,002/year higher in Newport News. Home values also differ significantly — the median in Newport News is $243,300 compared to $149,500 in Peoria.

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

Frequently Asked Questions

Newport News vs Peoria — common questions

Is Newport News or Peoria cheaper to live in?

Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 87 (US average = 100).

What is the rent difference between Newport News and Peoria?

Median rent in Newport News is $1,285/month and in Peoria it's $951/month — a difference of $334/month.

Which city has higher income, Newport News or Peoria?

Median household income is $66,718 in Newport News and $58,716 in Peoria. Median household income is $8,002/year higher in Newport News.

How do taxes compare between Virginia and Illinois?

Virginia has 5.75% income tax, 5.3% sales tax, and 0.8% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.

Should I move to Newport News or Peoria?

It depends on your priorities. Newport News has a cost index of 87 with median rent of $1,285/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.

Cost of Living: Newport News, VA vs Peoria, IL (2026)

Newport News

Peoria

Tax Comparison

Affordability

Detailed Comparison

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