Cost of Living: Peoria, AZ vs Independence, MO (2026)

Peoria

Arizona
125
VS

Independence

Missouri
67

Peoria is 87% more expensive than Independence.

$1,743/mo ↑ 64%
Median Rent
$1,061/mo ↓ 39%
$93,403/yr ↑ 57%
Median Income
$59,480/yr ↓ 36%
$429,400 ↑ 158%
Home Value
$166,400 ↓ 61%
$1,589/mo ↑ 52%
Owner Costs
$1,046/mo ↓ 34%
194,338
Population
121,944

Tax Comparison

2.5%
Income Tax
4.95%
5.6%
State Sales Tax
4.225%
0.62%
Property Tax
0.93%

Affordability

22.4%
rent-to-income
Affordability
21.4%
rent-to-income

Detailed Comparison

When comparing Peoria, AZ and Independence, MO, the overall cost of living indices are 125 and 67 respectively (national median = 100). Rent is $682/month cheaper in Independence, saving renters about $8,184/year.

Median household income is $33,923/year higher in Peoria. Home values also differ significantly — the median in Peoria is $429,400 compared to $166,400 in Independence.

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

Frequently Asked Questions

Peoria vs Independence — common questions

Is Peoria or Independence cheaper to live in?
Based on our cost index, Independence is cheaper to live in with an index of 67 compared to 125 (US average = 100).
What is the rent difference between Peoria and Independence?
Median rent in Peoria is $1,743/month and in Independence it's $1,061/month — a difference of $682/month.
Which city has higher income, Peoria or Independence?
Median household income is $93,403 in Peoria and $59,480 in Independence. Median household income is $33,923/year higher in Peoria.
How do taxes compare between Arizona and Missouri?
Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax. Missouri has 4.95% income tax, 4.225% sales tax, and 0.93% property tax.
Should I move to Peoria or Independence?
It depends on your priorities. Peoria has a cost index of 125 with median rent of $1,743/mo, while Independence has a cost index of 67 with rent of $1,061/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Peoria details → View Independence details →

More Comparisons

Other cost of living comparisons for Peoria and Independence

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