Cost of Living: Raleigh, NC vs Peoria, AZ (2026)

Raleigh

North Carolina
110
VS

Peoria

Arizona
125

Raleigh is 12% cheaper than Peoria.

$1,468/mo ↓ 16%
Median Rent
$1,743/mo ↑ 19%
$82,424/yr ↓ 12%
Median Income
$93,403/yr ↑ 13%
$377,800 ↓ 12%
Home Value
$429,400 ↑ 14%
$1,487/mo ↓ 6%
Owner Costs
$1,589/mo ↑ 7%
470,763
Population
194,338

Tax Comparison

4.5%
Income Tax
2.5%
4.75%
State Sales Tax
5.6%
0.8%
Property Tax
0.62%

Affordability

21.4%
rent-to-income
Affordability
22.4%
rent-to-income

Detailed Comparison

When comparing Raleigh, NC and Peoria, AZ, the overall cost of living indices are 110 and 125 respectively (national median = 100). Rent is $275/month cheaper in Raleigh, saving renters about $3,300/year.

Median household income is $10,979/year higher in Peoria. Home values also differ significantly — the median in Raleigh is $377,800 compared to $429,400 in Peoria.

Arizona has a lower income tax rate, making Peoria slightly more tax-friendly.

Frequently Asked Questions

Raleigh vs Peoria — common questions

Is Raleigh or Peoria cheaper to live in?
Based on our cost index, Raleigh is cheaper to live in with an index of 110 compared to 125 (US average = 100).
What is the rent difference between Raleigh and Peoria?
Median rent in Raleigh is $1,468/month and in Peoria it's $1,743/month — a difference of $275/month.
Which city has higher income, Raleigh or Peoria?
Median household income is $82,424 in Raleigh and $93,403 in Peoria. Median household income is $10,979/year higher in Peoria.
How do taxes compare between North Carolina and Arizona?
North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax. Arizona has 2.5% income tax, 5.6% sales tax, and 0.62% property tax.
Should I move to Raleigh or Peoria?
It depends on your priorities. Raleigh has a cost index of 110 with median rent of $1,468/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 Raleigh details → View Peoria details →

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