Cost of Living: Norman, OK vs Peoria, IL (2026)

Norman

Oklahoma
76
VS

Peoria

Illinois
61

Norman is 25% more expensive than Peoria.

$1,064/mo ↑ 12%
Median Rent
$951/mo ↓ 11%
$65,060/yr ↑ 11%
Median Income
$58,716/yr ↓ 10%
$239,300 ↑ 60%
Home Value
$149,500 ↓ 38%
$1,121/mo ↑ 11%
Owner Costs
$1,007/mo ↓ 10%
128,714
Population
112,126

Tax Comparison

4.75%
Income Tax
4.95%
4.5%
State Sales Tax
6.25%
0.9%
Property Tax
2.07%

Affordability

19.6%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Norman, OK and Peoria, IL, the overall cost of living indices are 76 and 61 respectively (national median = 100). Rent is $113/month cheaper in Peoria, saving renters about $1,356/year.

Median household income is $6,344/year higher in Norman. Home values also differ significantly — the median in Norman is $239,300 compared to $149,500 in Peoria.

Oklahoma has a lower income tax rate, making Norman slightly more tax-friendly.

Frequently Asked Questions

Norman vs Peoria — common questions

Is Norman or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 76 (US average = 100).
What is the rent difference between Norman and Peoria?
Median rent in Norman is $1,064/month and in Peoria it's $951/month — a difference of $113/month.
Which city has higher income, Norman or Peoria?
Median household income is $65,060 in Norman and $58,716 in Peoria. Median household income is $6,344/year higher in Norman.
How do taxes compare between Oklahoma and Illinois?
Oklahoma has 4.75% income tax, 4.5% sales tax, and 0.9% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Norman or Peoria?
It depends on your priorities. Norman has a cost index of 76 with median rent of $1,064/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 Norman details → View Peoria details →

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