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

Illinois
76
Very Affordable
$164,000
Median Home
$1,000/mo
Median Rent
$58,700
Median Income

The Verdict

14.5%

Peoria is 14.5% less expensive than Oklahoma City overall. A household earning $75,000 in Oklahoma City would need approximately $65,517 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
42
Peoria
Groceries
95
Oklahoma City
97
Peoria
Utilities
92
Oklahoma City
103
Peoria
Transportation
100
Oklahoma City
108
Peoria
Healthcare
92
Oklahoma City
107
Peoria

Salary Equivalence

A $75,000 salary in Oklahoma City has the same purchasing power as $65,517 in Peoria.

Conversely, $75,000 in Peoria equals $85,855 in Oklahoma City.

Living in Oklahoma City vs Peoria

Housing Costs

Oklahoma City's housing index of 68 is higher Peoria's 42, translating to median home prices of $195,000 vs $164,000. The $31,000 difference in home prices means roughly $2,016 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Oklahoma City compared to $1,000/mo in Peoria, a monthly difference of $0.

Grocery & Food Costs

Grocery expenses index at 95 in Oklahoma City and 97 in Peoria. A household spending the national average of $475/month on groceries would pay approximately $451/month in Oklahoma City vs $461/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 103 in Peoria. Monthly utility bills average approximately $368 in Oklahoma City vs $412 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 107 in Peoria. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 15-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $55,458 in Oklahoma City and $58,700 in Peoria. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $63,745 and $77,237 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 $1,370/month in Peoria. In Oklahoma City, median rent of $1,000/mo fits within this budget. In Peoria, median rent of $1,000/mo remains manageable. The biggest category-level difference between these two cities is Housing, where the gap is 26 index points — focus your budget analysis there.

Frequently Asked Questions

Peoria is 14.5% more affordable overall with an index of 76 vs 87.
A $75,000 salary in Oklahoma City has equivalent purchasing power to approximately $65,517 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 42 with median homes at $164,000.

Moving & Relocation Resources

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