Cost of Living: Peoria, AZ vs Richardson, TX (2026)

Peoria

Arizona
125
VS

Richardson

Texas
128

Peoria is 2% cheaper than Richardson.

$1,743/mo ↓ 4%
Median Rent
$1,825/mo ↑ 5%
$93,403/yr ↓ 3%
Median Income
$96,257/yr ↑ 3%
$429,400 ↑ 6%
Home Value
$405,600 ↓ 6%
$1,589/mo ↓ 12%
Owner Costs
$1,796/mo ↑ 13%
194,338
Population
118,269

Tax Comparison

2.5%
Income Tax
0%
5.6%
State Sales Tax
6.25%
0.62%
Property Tax
1.6%

Affordability

22.4%
rent-to-income
Affordability
22.8%
rent-to-income

Detailed Comparison

When comparing Peoria, AZ and Richardson, TX, the overall cost of living indices are 125 and 128 respectively (national median = 100). Rent is $82/month cheaper in Peoria, saving renters about $984/year.

Median household income is $2,854/year higher in Richardson. Home values also differ significantly — the median in Peoria is $429,400 compared to $405,600 in Richardson.

Texas has no state income tax, giving Richardson residents a significant tax advantage over Arizona's 2.5% rate.

Frequently Asked Questions

Peoria vs Richardson — common questions

Is Peoria or Richardson cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 125 compared to 128 (US average = 100).
What is the rent difference between Peoria and Richardson?
Median rent in Peoria is $1,743/month and in Richardson it's $1,825/month — a difference of $82/month.
Which city has higher income, Peoria or Richardson?
Median household income is $93,403 in Peoria and $96,257 in Richardson. Median household income is $2,854/year higher in Richardson.
How do taxes compare between Arizona and Texas?
Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Peoria or Richardson?
It depends on your priorities. Peoria has a cost index of 125 with median rent of $1,743/mo, while Richardson has a cost index of 128 with rent of $1,825/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Peoria details → View Richardson details →

More Comparisons

Other cost of living comparisons for Peoria and Richardson

Peoria vs. Huntington Beach Peoria vs. Knoxville Peoria vs. Overland Park Peoria vs. Vancouver Peoria vs. Sioux Falls Peoria vs. Glendale Richardson vs. Billings Richardson vs. Cambridge Richardson vs. Wilmington Richardson vs. North Charleston Richardson vs. Spring Hill Richardson vs. Clearwater