Cost of Living: The Woodlands, TX vs Peoria, IL (2026)

The Woodlands

Texas
139
VS

Peoria

Illinois
61

The Woodlands is 128% more expensive than Peoria.

$1,792/mo ↑ 88%
Median Rent
$951/mo ↓ 47%
$141,353/yr ↑ 141%
Median Income
$58,716/yr ↓ 58%
$479,400 ↑ 221%
Home Value
$149,500 ↓ 69%
$2,005/mo ↑ 99%
Owner Costs
$1,007/mo ↓ 50%
116,916
Population
112,126

Tax Comparison

0%
Income Tax
4.95%
6.25%
State Sales Tax
6.25%
1.6%
Property Tax
2.07%

Affordability

15.2%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing The Woodlands, TX and Peoria, IL, the overall cost of living indices are 139 and 61 respectively (national median = 100). Rent is $841/month cheaper in Peoria, saving renters about $10,092/year.

Median household income is $82,637/year higher in The Woodlands. Home values also differ significantly — the median in The Woodlands is $479,400 compared to $149,500 in Peoria.

Texas has no state income tax, giving The Woodlands residents a significant tax advantage over Illinois's 4.95% rate.

Frequently Asked Questions

The Woodlands vs Peoria — common questions

Is The Woodlands or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 139 (US average = 100).
What is the rent difference between The Woodlands and Peoria?
Median rent in The Woodlands is $1,792/month and in Peoria it's $951/month — a difference of $841/month.
Which city has higher income, The Woodlands or Peoria?
Median household income is $141,353 in The Woodlands and $58,716 in Peoria. Median household income is $82,637/year higher in The Woodlands.
How do taxes compare between Texas and Illinois?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to The Woodlands or Peoria?
It depends on your priorities. The Woodlands has a cost index of 139 with median rent of $1,792/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 The Woodlands details → View Peoria details →

More Comparisons

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