City Comparison

Oklahoma City vs Peoria

Cost of Living Comparison · 2026

Oklahoma City

Oklahoma
87
Below Average
$195,000
Median Home
$1,000/mo
Median Rent
$55,458
Median Income

Peoria

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

The Verdict

23.0%

Oklahoma City is 23.0% less expensive than Peoria overall. A household earning $75,000 in Oklahoma City would need approximately $97,414 in Peoria to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
68
Oklahoma City
149
Peoria
Groceries
95
Oklahoma City
98
Peoria
Utilities
92
Oklahoma City
106
Peoria
Transportation
100
Oklahoma City
95
Peoria
Healthcare
92
Oklahoma City
86
Peoria

Salary Equivalence

A $75,000 salary in Oklahoma City has the same purchasing power as $97,414 in Peoria.

Conversely, $75,000 in Peoria equals $57,743 in Oklahoma City.

Living in Oklahoma City vs Peoria

Housing Costs

Oklahoma City's housing index of 68 is lower Peoria's 149, translating to median home prices of $195,000 vs $495,000. The $300,000 difference in home prices means roughly $19,500 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Oklahoma City compared to $1,725/mo in Peoria, a monthly difference of $725.

Grocery & Food Costs

Grocery expenses index at 95 in Oklahoma City and 98 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $451/month in Oklahoma City 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 92 in Oklahoma City and 106 in Peoria. Monthly utility bills average approximately $368 in Oklahoma City 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 92 in Oklahoma City 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 $55,458 in Oklahoma City and $97,300 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $63,745 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 $1,294/month to housing in Oklahoma City vs $2,270/month in Peoria. In Oklahoma City, median rent of $1,000/mo fits within this budget. 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 81 index points — focus your budget analysis there.

Frequently Asked Questions

Oklahoma City is 23.0% more affordable overall with an index of 87 vs 113.
A $75,000 salary in Oklahoma City has equivalent purchasing power to approximately $97,414 in Peoria, based on the cost of living difference.
Oklahoma City's housing index is 68 with median homes at $195,000, while Peoria's is 149 with median homes at $495,000.

Moving & Relocation Resources

Moving PlannersFinance BooksBudget Planners

As an Amazon Associate we earn from qualifying purchases