Cost of Living: Peoria, IL vs Tyler, TX (2026)

Peoria

Illinois
61
VS

Tyler

Texas
79

Peoria is 23% cheaper than Tyler.

$951/mo ↓ 21%
Median Rent
$1,199/mo ↑ 26%
$58,716/yr ↓ 10%
Median Income
$65,527/yr ↑ 12%
$149,500 ↓ 31%
Home Value
$216,400 ↑ 45%
$1,007/mo ↓ 14%
Owner Costs
$1,170/mo ↑ 16%
112,126
Population
107,718

Tax Comparison

4.95%
Income Tax
0%
6.25%
State Sales Tax
6.25%
2.07%
Property Tax
1.6%

Affordability

19.4%
rent-to-income
Affordability
22.0%
rent-to-income

Detailed Comparison

When comparing Peoria, IL and Tyler, TX, the overall cost of living indices are 61 and 79 respectively (national median = 100). Rent is $248/month cheaper in Peoria, saving renters about $2,976/year.

Median household income is $6,811/year higher in Tyler. Home values also differ significantly — the median in Peoria is $149,500 compared to $216,400 in Tyler.

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

Frequently Asked Questions

Peoria vs Tyler — common questions

Is Peoria or Tyler cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 79 (US average = 100).
What is the rent difference between Peoria and Tyler?
Median rent in Peoria is $951/month and in Tyler it's $1,199/month — a difference of $248/month.
Which city has higher income, Peoria or Tyler?
Median household income is $58,716 in Peoria and $65,527 in Tyler. Median household income is $6,811/year higher in Tyler.
How do taxes compare between Illinois and Texas?
Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Peoria or Tyler?
It depends on your priorities. Peoria has a cost index of 61 with median rent of $951/mo, while Tyler has a cost index of 79 with rent of $1,199/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Peoria details → View Tyler details →

More Comparisons

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