Cost of Living: Salt Lake City, UT vs Peoria, IL (2026)

Salt Lake City

Utah
117
VS

Peoria

Illinois
61

Salt Lake City is 92% more expensive than Peoria.

$1,343/mo ↑ 41%
Median Rent
$951/mo ↓ 29%
$74,925/yr ↑ 28%
Median Income
$58,716/yr ↓ 22%
$495,700 ↑ 232%
Home Value
$149,500 ↓ 70%
$1,394/mo ↑ 38%
Owner Costs
$1,007/mo ↓ 28%
203,888
Population
112,126

Tax Comparison

4.65%
Income Tax
4.95%
6.1%
State Sales Tax
6.25%
0.58%
Property Tax
2.07%

Affordability

21.5%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Salt Lake City, UT and Peoria, IL, the overall cost of living indices are 117 and 61 respectively (national median = 100). Rent is $392/month cheaper in Peoria, saving renters about $4,704/year.

Median household income is $16,209/year higher in Salt Lake City. Home values also differ significantly — the median in Salt Lake City is $495,700 compared to $149,500 in Peoria.

Utah has a lower income tax rate, making Salt Lake City slightly more tax-friendly.

Frequently Asked Questions

Salt Lake City vs Peoria — common questions

Is Salt Lake City or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 117 (US average = 100).
What is the rent difference between Salt Lake City and Peoria?
Median rent in Salt Lake City is $1,343/month and in Peoria it's $951/month — a difference of $392/month.
Which city has higher income, Salt Lake City or Peoria?
Median household income is $74,925 in Salt Lake City and $58,716 in Peoria. Median household income is $16,209/year higher in Salt Lake City.
How do taxes compare between Utah and Illinois?
Utah has 4.65% income tax, 6.1% sales tax, and 0.58% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Salt Lake City or Peoria?
It depends on your priorities. Salt Lake City has a cost index of 117 with median rent of $1,343/mo, while Peoria has a cost index of 61 with rent of $951/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Salt Lake City details → View Peoria details →

More Comparisons

Other cost of living comparisons for Salt Lake City and Peoria

Salt Lake City vs. Columbus Salt Lake City vs. Little Rock Salt Lake City vs. Worcester Salt Lake City vs. McKinney Salt Lake City vs. Cape Coral Salt Lake City vs. Augusta Peoria vs. Pompano Beach Peoria vs. Downey Peoria vs. Lansing Peoria vs. Murrieta Peoria vs. Las Cruces Peoria vs. Pueblo