City Comparison

Peoria vs Sparks

Cost of Living Comparison · 2026

Peoria

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

Sparks

Nevada
119
Above Average
$500,000
Median Home
$1,475/mo
Median Rent
$67,200
Median Income

The Verdict

5.0%

Peoria is 5.0% less expensive than Sparks overall. A household earning $75,000 in Peoria would need approximately $78,982 in Sparks to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
149
Peoria
162
Sparks
Groceries
98
Peoria
103
Sparks
Utilities
106
Peoria
90
Sparks
Transportation
95
Peoria
122
Sparks
Healthcare
86
Peoria
88
Sparks

Salary Equivalence

A $75,000 salary in Peoria has the same purchasing power as $78,982 in Sparks.

Conversely, $75,000 in Sparks equals $71,218 in Peoria.

Living in Peoria vs Sparks

Housing Costs

Peoria's housing index of 149 is lower Sparks's 162, translating to median home prices of $495,000 vs $500,000. The $5,000 difference in home prices means roughly $324 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,725/mo in Peoria compared to $1,475/mo in Sparks, a monthly difference of $250.

Grocery & Food Costs

Grocery expenses index at 98 in Peoria and 103 in Sparks. A household spending the national average of $475/month on groceries would pay approximately $466/month in Peoria vs $489/month in Sparks. 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 106 in Peoria and 90 in Sparks. Monthly utility bills average approximately $424 in Peoria vs $360 in Sparks. 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 86 in Peoria and 88 in Sparks. 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 $97,300 in Peoria and $67,200 in Sparks. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $86,106 and $56,471 respectively. Peoria residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,270/month to housing in Peoria vs $1,568/month in Sparks. In Peoria, median rent of $1,725/mo fits within this budget. In Sparks, median rent of $1,475/mo remains manageable. The biggest category-level difference between these two cities is Transportation, where the gap is 27 index points — focus your budget analysis there.

Frequently Asked Questions

Peoria is 5.0% more affordable overall with an index of 113 vs 119.
A $75,000 salary in Peoria has equivalent purchasing power to approximately $78,982 in Sparks, based on the cost of living difference.
Peoria's housing index is 149 with median homes at $495,000, while Sparks's is 162 with median homes at $500,000.

Moving & Relocation Resources

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