Peoria is 3% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Phoenix to live the same way.
🏠 Rent per month
$2,185
$1,893
🛏️ 2-bedroom rent
$1,814
$1,729
💵 Families earn per year
$103,336
$87,717
🔑 Buying a house
$463,600
$420,700
📊 Overall prices (U.S. = 100)
100.7
103.3
🏛️ Property tax per year
$2,160
$1,850
⚡ Electric bill per month
$204
$181
👥 People living there
196,906
1,642,323
Commute to work
28.2 min
25.6 min
College degree
36.3%
33.6%
Own their home
76%
57.3%
Below poverty line
8.4%
13.7%
Unemployment
4%
5%
Bottom line
- Pick Peoria for higher incomes, a more educated workforce, less poverty and 1 more.
- Pick Phoenix for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
Frequently asked questions
Is Peoria or Phoenix cheaper to live in?
Peoria is about 3% cheaper overall. Rent is $2,185 a month there versus $1,893 in Phoenix.
What salary do I need in Phoenix to match $60,000 in Peoria?
About $61,573 a year gives the same standard of living in Phoenix.
Where do people earn more, Peoria or Phoenix?
The typical household earns $103,336 in Peoria and $87,717 in Phoenix, 18% more in Peoria.