Peoria is 52% cheaper than Sparks.
When comparing Peoria, IL and Sparks, NV, the overall cost of living indices are 61 and 126 respectively (national median = 100). Rent is $700/month cheaper in Peoria, saving renters about $8,400/year.
Median household income is $28,263/year higher in Sparks. Home values also differ significantly — the median in Peoria is $149,500 compared to $455,900 in Sparks.
Nevada has no state income tax, giving Sparks residents a significant tax advantage over Illinois's 4.95% rate.
Peoria vs Sparks — common questions
Other cost of living comparisons for Peoria and Sparks