Cost of Living: Shreveport, LA vs Peoria, IL (2026)

Shreveport

Louisiana
65
VS

Peoria

Illinois
61

Shreveport is 7% more expensive than Peoria.

$980/mo ↑ 3%
Median Rent
$951/mo ↓ 3%
$48,465/yr ↓ 17%
Median Income
$58,716/yr ↑ 21%
$178,100 ↑ 19%
Home Value
$149,500 ↓ 16%
$984/mo ↓ 2%
Owner Costs
$1,007/mo ↑ 2%
183,483
Population
112,126

Tax Comparison

4.25%
Income Tax
4.95%
4.45%
State Sales Tax
6.25%
0.55%
Property Tax
2.07%

Affordability

24.3%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Shreveport, LA and Peoria, IL, the overall cost of living indices are 65 and 61 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $10,251/year higher in Peoria. Home values also differ significantly — the median in Shreveport is $178,100 compared to $149,500 in Peoria.

Louisiana has a lower income tax rate, making Shreveport slightly more tax-friendly.

Frequently Asked Questions

Shreveport vs Peoria — common questions

Is Shreveport or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 65 (US average = 100).
What is the rent difference between Shreveport and Peoria?
Median rent in Shreveport is $980/month and in Peoria it's $951/month — a difference of $29/month.
Which city has higher income, Shreveport or Peoria?
Median household income is $48,465 in Shreveport and $58,716 in Peoria. Median household income is $10,251/year higher in Peoria.
How do taxes compare between Louisiana and Illinois?
Louisiana has 4.25% income tax, 4.45% sales tax, and 0.55% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Shreveport or Peoria?
It depends on your priorities. Shreveport has a cost index of 65 with median rent of $980/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 Shreveport details → View Peoria details →

More Comparisons

Other cost of living comparisons for Shreveport and Peoria

Shreveport vs. Newport News Shreveport vs. Fort Lauderdale Shreveport vs. Mobile Shreveport vs. Chattanooga Shreveport vs. Paradise Shreveport vs. Aurora Peoria vs. Pompano Beach Peoria vs. Downey Peoria vs. Lansing Peoria vs. Murrieta Peoria vs. Las Cruces Peoria vs. Pueblo