City Comparison

Jackson vs Peoria

Cost of Living Comparison · 2026

Jackson

Mississippi
82
Very Affordable
$125,000
Median Home
$900/mo
Median Rent
$36,528
Median Income

Peoria

Arizona
113
Above Average
$495,000
Median Home
$1,725/mo
Median Rent
$97,300
Median Income

The Verdict

27.4%

The cost gap between these cities is 27.4%, with Jackson being the more affordable option. A $75,000 income in Jackson has equivalent purchasing power to $103,354 in Peoria.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
56
Jackson
149
Peoria
Groceries
95
Jackson
98
Peoria
Utilities
86
Jackson
106
Peoria
Transportation
97
Jackson
95
Peoria
Healthcare
88
Jackson
86
Peoria

Salary Equivalence

A $75,000 salary in Jackson has the same purchasing power as $103,354 in Peoria.

Conversely, $75,000 in Peoria equals $54,425 in Jackson.

Living in Jackson vs Peoria

Housing Costs

Jackson's housing index of 56 is lower Peoria's 149, translating to median home prices of $125,000 vs $495,000. The $370,000 difference in home prices means roughly $24,048 per year in additional mortgage costs at current rates. Renters face a similar gap: $900/mo in Jackson compared to $1,725/mo in Peoria, a monthly difference of $825.

Grocery & Food Costs

Grocery expenses index at 95 in Jackson and 98 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $451/month in Jackson vs $466/month in Peoria. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 86 in Jackson and 106 in Peoria. Monthly utility bills average approximately $344 in Jackson vs $424 in Peoria. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 88 in Jackson and 86 in Peoria. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $36,528 in Jackson and $97,300 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $44,546 and $86,106 respectively. Peoria residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $852/month to housing in Jackson vs $2,270/month in Peoria. In Jackson, median rent of $900/mo exceeds this threshold, suggesting renters may feel stretched. In Peoria, median rent of $1,725/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 93 index points — focus your budget analysis there.

Frequently Asked Questions

Jackson is 27.4% more affordable overall with an index of 82 vs 113.
A $75,000 salary in Jackson has equivalent purchasing power to approximately $103,354 in Peoria, based on the cost of living difference.
Jackson's housing index is 56 with median homes at $125,000, while Peoria's is 149 with median homes at $495,000.

Moving & Relocation Resources

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