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

Oklahoma City

Oklahoma City
74
VS

Peoria

Illinois
61

Oklahoma City is 21% more expensive than Peoria.

$1,083/mo ↑ 14%
Median Rent
$951/mo ↓ 12%
$66,702/yr ↑ 14%
Median Income
$58,716/yr ↓ 12%
$215,100 ↑ 44%
Home Value
$149,500 ↓ 30%
$1,133/mo ↑ 13%
Owner Costs
$1,007/mo ↓ 11%
688,693
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

19.5%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Oklahoma City, OK and Peoria, IL, the overall cost of living indices are 74 and 61 respectively (national median = 100). Rent is $132/month cheaper in Peoria, saving renters about $1,584/year.

Median household income is $7,986/year higher in Oklahoma City. Home values also differ significantly — the median in Oklahoma City is $215,100 compared to $149,500 in Peoria.

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

Frequently Asked Questions

Oklahoma City vs Peoria — common questions

Is Oklahoma City or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 74 (US average = 100).
What is the rent difference between Oklahoma City and Peoria?
Median rent in Oklahoma City is $1,083/month and in Peoria it's $951/month — a difference of $132/month.
Which city has higher income, Oklahoma City or Peoria?
Median household income is $66,702 in Oklahoma City and $58,716 in Peoria. Median household income is $7,986/year higher in Oklahoma City.
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 Oklahoma City or Peoria?
It depends on your priorities. Oklahoma City has a cost index of 74 with median rent of $1,083/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 Oklahoma City details → View Peoria details →

More Comparisons

Other cost of living comparisons for Oklahoma City and Peoria

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