Cost of Living: Orlando, FL vs Peoria, IL (2026)

Orlando

Florida
115
VS

Peoria

Illinois
61

Orlando is 89% more expensive than Peoria.

$1,650/mo ↑ 74%
Median Rent
$951/mo ↓ 42%
$69,268/yr ↑ 18%
Median Income
$58,716/yr ↓ 15%
$359,000 ↑ 140%
Home Value
$149,500 ↓ 58%
$1,621/mo ↑ 61%
Owner Costs
$1,007/mo ↓ 38%
311,732
Population
112,126

Tax Comparison

0%
Income Tax
4.95%
6.0%
State Sales Tax
6.25%
0.86%
Property Tax
2.07%

Affordability

28.6%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Orlando, FL and Peoria, IL, the overall cost of living indices are 115 and 61 respectively (national median = 100). Rent is $699/month cheaper in Peoria, saving renters about $8,388/year.

Median household income is $10,552/year higher in Orlando. Home values also differ significantly — the median in Orlando is $359,000 compared to $149,500 in Peoria.

Florida has no state income tax, giving Orlando residents a significant tax advantage over Illinois's 4.95% rate.

Frequently Asked Questions

Orlando vs Peoria — common questions

Is Orlando or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 115 (US average = 100).
What is the rent difference between Orlando and Peoria?
Median rent in Orlando is $1,650/month and in Peoria it's $951/month — a difference of $699/month.
Which city has higher income, Orlando or Peoria?
Median household income is $69,268 in Orlando and $58,716 in Peoria. Median household income is $10,552/year higher in Orlando.
How do taxes compare between Florida and Illinois?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Orlando or Peoria?
It depends on your priorities. Orlando has a cost index of 115 with median rent of $1,650/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.
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More Comparisons

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