Cost of Living: St. Petersburg, FL vs Peoria, IL (2026)

St. Petersburg

Florida
106
VS

Peoria

Illinois
61

St. Petersburg is 74% more expensive than Peoria.

$1,542/mo ↑ 62%
Median Rent
$951/mo ↓ 38%
$73,118/yr ↑ 25%
Median Income
$58,716/yr ↓ 20%
$331,500 ↑ 122%
Home Value
$149,500 ↓ 55%
$1,435/mo ↑ 43%
Owner Costs
$1,007/mo ↓ 30%
260,646
Population
112,126

Tax Comparison

0%
Income Tax
4.95%
6.0%
State Sales Tax
6.25%
0.86%
Property Tax
2.07%

Affordability

25.3%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing St. Petersburg, FL and Peoria, IL, the overall cost of living indices are 106 and 61 respectively (national median = 100). Rent is $591/month cheaper in Peoria, saving renters about $7,092/year.

Median household income is $14,402/year higher in St. Petersburg. Home values also differ significantly — the median in St. Petersburg is $331,500 compared to $149,500 in Peoria.

Florida has no state income tax, giving St. Petersburg residents a significant tax advantage over Illinois's 4.95% rate.

Frequently Asked Questions

St. Petersburg vs Peoria — common questions

Is St. Petersburg or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 106 (US average = 100).
What is the rent difference between St. Petersburg and Peoria?
Median rent in St. Petersburg is $1,542/month and in Peoria it's $951/month — a difference of $591/month.
Which city has higher income, St. Petersburg or Peoria?
Median household income is $73,118 in St. Petersburg and $58,716 in Peoria. Median household income is $14,402/year higher in St. Petersburg.
How do taxes compare between Florida and Illinois?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to St. Petersburg or Peoria?
It depends on your priorities. St. Petersburg has a cost index of 106 with median rent of $1,542/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 St. Petersburg details → View Peoria details →

More Comparisons

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