Cost of Living: West Palm Beach, FL vs Peoria, IL (2026)

West Palm Beach

Florida
119
VS

Peoria

Illinois
61

West Palm Beach is 95% more expensive than Peoria.

$1,709/mo ↑ 80%
Median Rent
$951/mo ↓ 44%
$69,261/yr ↑ 18%
Median Income
$58,716/yr ↓ 15%
$369,800 ↑ 147%
Home Value
$149,500 ↓ 60%
$1,667/mo ↑ 66%
Owner Costs
$1,007/mo ↓ 40%
119,508
Population
112,126

Tax Comparison

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

Affordability

29.6%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing West Palm Beach, FL and Peoria, IL, the overall cost of living indices are 119 and 61 respectively (national median = 100). Rent is $758/month cheaper in Peoria, saving renters about $9,096/year.

Median household income is $10,545/year higher in West Palm Beach. Home values also differ significantly — the median in West Palm Beach is $369,800 compared to $149,500 in Peoria.

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

Frequently Asked Questions

West Palm Beach vs Peoria — common questions

Is West Palm Beach or Peoria cheaper to live in?
Based on our cost index, Peoria is cheaper to live in with an index of 61 compared to 119 (US average = 100).
What is the rent difference between West Palm Beach and Peoria?
Median rent in West Palm Beach is $1,709/month and in Peoria it's $951/month — a difference of $758/month.
Which city has higher income, West Palm Beach or Peoria?
Median household income is $69,261 in West Palm Beach and $58,716 in Peoria. Median household income is $10,545/year higher in West Palm Beach.
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 West Palm Beach or Peoria?
It depends on your priorities. West Palm Beach has a cost index of 119 with median rent of $1,709/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 West Palm Beach details → View Peoria details →

More Comparisons

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West Palm Beach vs. Hartford West Palm Beach vs. Spring Hill West Palm Beach vs. Fairfield West Palm Beach vs. Wilmington West Palm Beach vs. Berkeley West Palm Beach vs. Billings Peoria vs. Pompano Beach Peoria vs. Downey Peoria vs. Lansing Peoria vs. Murrieta Peoria vs. Las Cruces Peoria vs. Pueblo