Phoenix, AZ vs Peoria, AZ: 109 vs 125

$1,458/mo ↓ 16%

Median Rent

$1,743/mo ↑ 20%

$77,041/yr ↓ 18%

Median Income

$93,403/yr ↑ 21%

$381,900 ↓ 11%

Home Value

$429,400 ↑ 12%

$1,430/mo ↓ 10%

Owner Costs

$1,589/mo ↑ 11%

1,624,832

Population

194,338

Detailed Comparison

When comparing Phoenix, AZ and Peoria, AZ, the overall cost of living indices are 109 and 125 respectively (national median = 100). Rent is $285/month cheaper in Phoenix, saving renters about $3,420/year.

Median household income is $16,362/year higher in Peoria. Home values also differ significantly — the median in Phoenix is $381,900 compared to $429,400 in Peoria.

Both cities share the same state tax structure since they are in Arizona.

Frequently Asked Questions

Phoenix vs Peoria — common questions

Is Phoenix or Peoria cheaper to live in?

Based on our cost index, Phoenix is cheaper to live in with an index of 109 compared to 125 (US average = 100).

What is the rent difference between Phoenix and Peoria?

Median rent in Phoenix is $1,458/month and in Peoria it's $1,743/month — a difference of $285/month.

Which city has higher income, Phoenix or Peoria?

Median household income is $77,041 in Phoenix and $93,403 in Peoria. Median household income is $16,362/year higher in Peoria.

How do taxes compare between Arizona and Arizona?

Both cities are in Arizona and share the same state tax rates: 2.5% income tax, 5.6% sales tax, and 0.62% property tax.

Should I move to Phoenix or Peoria?

It depends on your priorities. Phoenix has a cost index of 109 with median rent of $1,458/mo, while Peoria has a cost index of 125 with rent of $1,743/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Phoenix, AZ vs Peoria, AZ (2026)

Phoenix

Peoria

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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