Cost of Living: Westminster, CO vs Peoria, IL (2026)

Westminster

Colorado
139
VS

Peoria

Illinois
61

Westminster is 128% more expensive than Peoria.

$1,816/mo ↑ 91%
Median Rent
$951/mo ↓ 48%
$96,145/yr ↑ 64%
Median Income
$58,716/yr ↓ 39%
$497,400 ↑ 233%
Home Value
$149,500 ↓ 70%
$1,841/mo ↑ 83%
Owner Costs
$1,007/mo ↓ 45%
115,546
Population
112,126

Tax Comparison

4.4%
Income Tax
4.95%
2.9%
State Sales Tax
6.25%
0.51%
Property Tax
2.07%

Affordability

22.7%
rent-to-income
Affordability
19.4%
rent-to-income

Detailed Comparison

When comparing Westminster, CO and Peoria, IL, the overall cost of living indices are 139 and 61 respectively (national median = 100). Rent is $865/month cheaper in Peoria, saving renters about $10,380/year.

Median household income is $37,429/year higher in Westminster. Home values also differ significantly — the median in Westminster is $497,400 compared to $149,500 in Peoria.

Colorado has a lower income tax rate, making Westminster slightly more tax-friendly.

Frequently Asked Questions

Westminster vs Peoria — common questions

Is Westminster 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 Westminster and Peoria?
Median rent in Westminster is $1,816/month and in Peoria it's $951/month — a difference of $865/month.
Which city has higher income, Westminster or Peoria?
Median household income is $96,145 in Westminster and $58,716 in Peoria. Median household income is $37,429/year higher in Westminster.
How do taxes compare between Colorado and Illinois?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. Illinois has 4.95% income tax, 6.25% sales tax, and 2.07% property tax.
Should I move to Westminster or Peoria?
It depends on your priorities. Westminster has a cost index of 139 with median rent of $1,816/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 Westminster details → View Peoria details →

More Comparisons

Other cost of living comparisons for Westminster and Peoria

Westminster vs. Antioch Westminster vs. Manchester Westminster vs. Broken Arrow Westminster vs. Richmond Westminster vs. West Jordan Westminster vs. High Point Peoria vs. Pompano Beach Peoria vs. Downey Peoria vs. Lansing Peoria vs. Murrieta Peoria vs. Las Cruces Peoria vs. Pueblo