Cost of Living: Peoria, AZ vs Springfield, IL (2026)

Peoria

Arizona
125
VS

Springfield

Illinois
61

Peoria is 105% more expensive than Springfield.

$1,743/mo ↑ 84%
Median Rent
$945/mo ↓ 46%
$93,403/yr ↑ 43%
Median Income
$65,537/yr ↓ 30%
$429,400 ↑ 177%
Home Value
$155,200 ↓ 64%
$1,589/mo ↑ 63%
Owner Costs
$974/mo ↓ 39%
194,338
Population
113,714

Tax Comparison

2.5%
Income Tax
4.95%
5.6%
State Sales Tax
6.25%
0.62%
Property Tax
2.07%

Affordability

22.4%
rent-to-income
Affordability
17.3%
rent-to-income

Detailed Comparison

When comparing Peoria, AZ and Springfield, IL, the overall cost of living indices are 125 and 61 respectively (national median = 100). Rent is $798/month cheaper in Springfield, saving renters about $9,576/year.

Median household income is $27,866/year higher in Peoria. Home values also differ significantly — the median in Peoria is $429,400 compared to $155,200 in Springfield.

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

Frequently Asked Questions

Peoria vs Springfield — common questions

Is Peoria or Springfield cheaper to live in?
Based on our cost index, Springfield is cheaper to live in with an index of 61 compared to 125 (US average = 100).
What is the rent difference between Peoria and Springfield?
Median rent in Peoria is $1,743/month and in Springfield it's $945/month — a difference of $798/month.
Which city has higher income, Peoria or Springfield?
Median household income is $93,403 in Peoria and $65,537 in Springfield. Median household income is $27,866/year higher in Peoria.
How do taxes compare between Arizona and Illinois?
Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Peoria or Springfield?
It depends on your priorities. Peoria has a cost index of 125 with median rent of $1,743/mo, while Springfield has a cost index of 61 with rent of $945/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Peoria details → View Springfield details →

More Comparisons

Other cost of living comparisons for Peoria and Springfield

Peoria vs. Huntington Beach Peoria vs. Knoxville Peoria vs. Overland Park Peoria vs. Vancouver Peoria vs. Sioux Falls Peoria vs. Glendale Springfield vs. Odessa Springfield vs. Beaumont Springfield vs. Elgin Springfield vs. Gresham Springfield vs. Provo Springfield vs. Las Cruces