City Comparison

Peoria vs Tacoma

Cost of Living Comparison · 2026

Peoria

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

Tacoma

Washington
117
Above Average
$400,000
Median Home
$1,600/mo
Median Rent
$58,974
Median Income

The Verdict

35.0%

Living in Peoria costs 35.0% less than Tacoma. To match the purchasing power of a $75,000 salary in Peoria, you would need $115,461 in Tacoma.

Category-by-Category Breakdown

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

Housing
42
Peoria
140
Tacoma
Groceries
97
Peoria
105
Tacoma
Utilities
103
Peoria
108
Tacoma
Transportation
108
Peoria
108
Tacoma
Healthcare
107
Peoria
106
Tacoma

Salary Equivalence

A $75,000 salary in Peoria has the same purchasing power as $115,461 in Tacoma.

Conversely, $75,000 in Tacoma equals $48,718 in Peoria.

Living in Peoria vs Tacoma

Housing Costs

Peoria's housing index of 42 is lower Tacoma's 140, 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 $1,600/mo in Tacoma, a monthly difference of $600.

Grocery & Food Costs

Grocery expenses index at 97 in Peoria and 105 in Tacoma. A household spending the national average of $475/month on groceries would pay approximately $461/month in Peoria vs $499/month in Tacoma. Peoria offers a meaningful advantage on everyday food costs, saving roughly $456/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 103 in Peoria and 108 in Tacoma. Monthly utility bills average approximately $412 in Peoria vs $432 in Tacoma. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 107 in Peoria and 106 in Tacoma. 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 $58,974 in Tacoma. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $77,237 and $50,405 respectively. Peoria residents enjoy stronger real purchasing power despite lower nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,370/month to housing in Peoria vs $1,376/month in Tacoma. In Peoria, median rent of $1,000/mo fits within this budget. In Tacoma, median rent of $1,600/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 98 index points — focus your budget analysis there.

Frequently Asked Questions

Peoria is 35.0% more affordable overall with an index of 76 vs 117.
A $75,000 salary in Peoria has equivalent purchasing power to approximately $115,461 in Tacoma, based on the cost of living difference.
Peoria's housing index is 42 with median homes at $164,000, while Tacoma's is 140 with median homes at $400,000.

Moving & Relocation Resources

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