Cost of Living: Peoria, AZ vs Ann Arbor, MI (2026)

Peoria

Arizona
125
VS

Ann Arbor

Michigan
121

Peoria is 3% more expensive than Ann Arbor.

$1,743/mo ↑ 12%
Median Rent
$1,552/mo ↓ 11%
$93,403/yr ↑ 15%
Median Income
$81,089/yr ↓ 13%
$429,400 ↓ 1%
Home Value
$435,100 ↑ 1%
$1,589/mo ↓ 3%
Owner Costs
$1,638/mo ↑ 3%
194,338
Population
121,179

Tax Comparison

2.5%
Income Tax
4.25%
5.6%
State Sales Tax
6.0%
0.62%
Property Tax
1.38%

Affordability

22.4%
rent-to-income
Affordability
23.0%
rent-to-income

Detailed Comparison

When comparing Peoria, AZ and Ann Arbor, MI, the overall cost of living indices are 125 and 121 respectively (national median = 100). Rent is $191/month cheaper in Ann Arbor, saving renters about $2,292/year.

Median household income is $12,314/year higher in Peoria. Home values also differ significantly — the median in Peoria is $429,400 compared to $435,100 in Ann Arbor.

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

Frequently Asked Questions

Peoria vs Ann Arbor — common questions

Is Peoria or Ann Arbor cheaper to live in?
Based on our cost index, Ann Arbor is cheaper to live in with an index of 121 compared to 125 (US average = 100).
What is the rent difference between Peoria and Ann Arbor?
Median rent in Peoria is $1,743/month and in Ann Arbor it's $1,552/month — a difference of $191/month.
Which city has higher income, Peoria or Ann Arbor?
Median household income is $93,403 in Peoria and $81,089 in Ann Arbor. Median household income is $12,314/year higher in Peoria.
How do taxes compare between Arizona and Michigan?
Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax. Michigan has 4.25% income tax, 6.0% sales tax, and 1.38% property tax.
Should I move to Peoria or Ann Arbor?
It depends on your priorities. Peoria has a cost index of 125 with median rent of $1,743/mo, while Ann Arbor has a cost index of 121 with rent of $1,552/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Peoria details → View Ann Arbor details →

More Comparisons

Other cost of living comparisons for Peoria and Ann Arbor

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