Cost of Living: Warren, MI vs Peoria, IL (2026)

Warren

Michigan
73
VS

Peoria

Illinois
61

Warren is 20% more expensive than Peoria.

$1,184/mo ↑ 25%
Median Rent
$951/mo ↓ 20%
$63,741/yr ↑ 9%
Median Income
$58,716/yr ↓ 8%
$181,900 ↑ 22%
Home Value
$149,500 ↓ 18%
$1,098/mo ↑ 9%
Owner Costs
$1,007/mo ↓ 8%
138,128
Population
112,126

Tax Comparison

4.25%
Income Tax
4.95%
6.0%
State Sales Tax
6.25%
1.38%
Property Tax
2.07%

Affordability

22.3%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Warren, MI and Peoria, IL, the overall cost of living indices are 73 and 61 respectively (national median = 100). Rent is $233/month cheaper in Peoria, saving renters about $2,796/year.

Median household income is $5,025/year higher in Warren. Home values also differ significantly — the median in Warren is $181,900 compared to $149,500 in Peoria.

Michigan has a lower income tax rate, making Warren slightly more tax-friendly.

Frequently Asked Questions

Warren vs Peoria — common questions

Is Warren or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 73 (US average = 100).
What is the rent difference between Warren and Peoria?
Median rent in Warren is $1,184/month and in Peoria it's $951/month — a difference of $233/month.
Which city has higher income, Warren or Peoria?
Median household income is $63,741 in Warren and $58,716 in Peoria. Median household income is $5,025/year higher in Warren.
How do taxes compare between Michigan and Illinois?
Michigan has 4.25% income tax, 6.0% sales tax, and 1.38% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Warren or Peoria?
It depends on your priorities. Warren has a cost index of 73 with median rent of $1,184/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 Warren details → View Peoria details →

More Comparisons

Other cost of living comparisons for Warren and Peoria

Warren vs. Orange Warren vs. Columbia Warren vs. Metairie Warren vs. West Valley City Warren vs. Fullerton Warren vs. Hampton Peoria vs. Pompano Beach Peoria vs. Downey Peoria vs. Lansing Peoria vs. Murrieta Peoria vs. Las Cruces Peoria vs. Pueblo