Peoria vs Plano
Cost of Living Comparison · 2026
Peoria
Plano
The Verdict
Peoria is 30.3% less expensive than Plano overall. A household earning $75,000 in Peoria would need approximately $107,566 in Plano to maintain the same standard of living.
Category-by-Category Breakdown
Index values · National average = 100 · Lower is more affordable
Salary Equivalence
A $75,000 salary in Peoria has the same purchasing power as $107,566 in Plano.
Conversely, $75,000 in Plano equals $52,294 in Peoria.
Living in Peoria vs Plano
Housing Costs
Peoria's housing index of 42 is lower Plano's 123, translating to median home prices of $164,000 vs $400,000. The $236,000 difference in home prices means roughly $15,336 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,000/mo in Peoria compared to $1,700/mo in Plano, a monthly difference of $700.
Grocery & Food Costs
Grocery expenses index at 97 in Peoria and 98 in Plano. A household spending the national average of $475/month on groceries would pay approximately $461/month in Peoria vs $466/month in Plano. 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 103 in Peoria and 99 in Plano. Monthly utility bills average approximately $412 in Peoria vs $396 in Plano. Utility costs are relatively comparable between these two cities.
Healthcare
Healthcare costs index at 107 in Peoria and 100 in Plano. 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 $58,700 in Peoria and $96,348 in Plano. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $77,237 and $88,393 respectively. Plano residents come out ahead in real purchasing power.
Relocation Considerations
Under the standard 28% rule, a median-income household can allocate $1,370/month to housing in Peoria vs $2,248/month in Plano. In Peoria, median rent of $1,000/mo fits within this budget. In Plano, median rent of $1,700/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
Moving & Relocation Resources
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