Cost of Living: Tulsa, OK vs Peoria, IL (2026)

Tulsa

Oklahoma
67
VS

Peoria

Illinois
61

Tulsa is 10% more expensive than Peoria.

$998/mo ↑ 5%
Median Rent
$951/mo ↓ 5%
$58,407/yr ≈ Same
Median Income
$58,716/yr ≈ Same
$189,600 ↑ 27%
Home Value
$149,500 ↓ 21%
$1,027/mo ↑ 2%
Owner Costs
$1,007/mo ↓ 2%
412,322
Population
112,126

Tax Comparison

4.75%
Income Tax
4.95%
4.5%
State Sales Tax
6.25%
0.9%
Property Tax
2.07%

Affordability

20.5%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Tulsa, OK and Peoria, IL, the overall cost of living indices are 67 and 61 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $309/year higher in Peoria. Home values also differ significantly — the median in Tulsa is $189,600 compared to $149,500 in Peoria.

Oklahoma has a lower income tax rate, making Tulsa slightly more tax-friendly.

Frequently Asked Questions

Tulsa vs Peoria — common questions

Is Tulsa or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 67 (US average = 100).
What is the rent difference between Tulsa and Peoria?
Median rent in Tulsa is $998/month and in Peoria it's $951/month — a difference of $47/month.
Which city has higher income, Tulsa or Peoria?
Median household income is $58,407 in Tulsa and $58,716 in Peoria. Median household income is $309/year higher in Peoria.
How do taxes compare between Oklahoma and Illinois?
Oklahoma has 4.75% income tax, 4.5% sales tax, and 0.9% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Tulsa or Peoria?
It depends on your priorities. Tulsa has a cost index of 67 with median rent of $998/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 Tulsa details → View Peoria details →

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