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

Peoria

Illinois
61
VS

Riverview

Florida
122

Peoria is 50% cheaper than Riverview.

$951/mo ↓ 50%
Median Rent
$1,890/mo ↑ 99%
$58,716/yr ↓ 38%
Median Income
$95,442/yr ↑ 63%
$149,500 ↓ 56%
Home Value
$341,200 ↑ 128%
$1,007/mo ↓ 43%
Owner Costs
$1,767/mo ↑ 75%
112,126
Population
107,776

Tax Comparison

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

Affordability

19.4%
rent-to-income
Affordability
23.8%
rent-to-income

Detailed Comparison

When comparing Peoria, IL and Riverview, FL, the overall cost of living indices are 61 and 122 respectively (national median = 100). Rent is $939/month cheaper in Peoria, saving renters about $11,268/year.

Median household income is $36,726/year higher in Riverview. Home values also differ significantly — the median in Peoria is $149,500 compared to $341,200 in Riverview.

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

Frequently Asked Questions

Peoria vs Riverview — common questions

Is Peoria or Riverview cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 122 (US average = 100).
What is the rent difference between Peoria and Riverview?
Median rent in Peoria is $951/month and in Riverview it's $1,890/month — a difference of $939/month.
Which city has higher income, Peoria or Riverview?
Median household income is $58,716 in Peoria and $95,442 in Riverview. Median household income is $36,726/year higher in Riverview.
How do taxes compare between Illinois and Florida?
Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Peoria or Riverview?
It depends on your priorities. Peoria has a cost index of 61 with median rent of $951/mo, while Riverview has a cost index of 122 with rent of $1,890/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Peoria details → View Riverview details →

More Comparisons

Other cost of living comparisons for Peoria and Riverview

Peoria vs. Pompano Beach Peoria vs. Downey Peoria vs. Lansing Peoria vs. Murrieta Peoria vs. Las Cruces Peoria vs. Pueblo Riverview vs. Dearborn Riverview vs. Tyler Riverview vs. Sparks Riverview vs. Tuscaloosa Riverview vs. South Fulton Riverview vs. Allen