Cost of Living: Plano, TX vs Peoria, AZ (2026)

Plano

Texas
132
VS

Peoria

Arizona
125

Plano is 6% more expensive than Peoria.

$1,792/mo ↑ 3%
Median Rent
$1,743/mo ↓ 3%
$108,649/yr ↑ 16%
Median Income
$93,403/yr ↓ 14%
$440,600 ↑ 3%
Home Value
$429,400 ↓ 3%
$1,829/mo ↑ 15%
Owner Costs
$1,589/mo ↓ 13%
287,339
Population
194,338

Tax Comparison

0%
Income Tax
2.5%
6.25%
State Sales Tax
5.6%
1.6%
Property Tax
0.62%

Affordability

19.8%
rent-to-income
Affordability
22.4%
rent-to-income

Detailed Comparison

When comparing Plano, TX and Peoria, AZ, the overall cost of living indices are 132 and 125 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $15,246/year higher in Plano. Home values also differ significantly — the median in Plano is $440,600 compared to $429,400 in Peoria.

Texas has no state income tax, giving Plano residents a significant tax advantage over Arizona's 2.5% rate.

Frequently Asked Questions

Plano vs Peoria — common questions

Is Plano or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 125 compared to 132 (US average = 100).
What is the rent difference between Plano and Peoria?
Median rent in Plano is $1,792/month and in Peoria it's $1,743/month — a difference of $49/month.
Which city has higher income, Plano or Peoria?
Median household income is $108,649 in Plano and $93,403 in Peoria. Median household income is $15,246/year higher in Plano.
How do taxes compare between Texas and Arizona?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.
Should I move to Plano or Peoria?
It depends on your priorities. Plano has a cost index of 132 with median rent of $1,792/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.
View Plano details → View Peoria details →

More Comparisons

Other cost of living comparisons for Plano and Peoria

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