Raleigh is 12% cheaper than Peoria.
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.
Raleigh vs Peoria — common questions
Other cost of living comparisons for Raleigh and Peoria