Is Peoria Expensive?

Phoenix, United States

-22% vs Phoenix avg

Living in Peoria, Phoenix

Peoria is a relatively affordable area in Phoenix, with a cost of living index of 45.9 — that is -22% compared to the Phoenix average. At #22 of 30, it is below the city average in cost. Estimated rent for a one-bedroom apartment here is around $1,131/month, compared to a range of $1,015 in Avondale to $2,030 in Paradise Valley.

Monthly Budget Breakdown

For a typical resident of Peoria, housing takes up roughly 34% of monthly expenses. Food and groceries account for about 16%, while transportation costs around 8%. To live comfortably here — meaning rent stays at or below 30% of gross income — you would need an annual salary of approximately $45,240 before tax.

Typical Salaries in Peoria

Salaries in Peoria reflect the local cost of living. Based on the neighborhood COLI of 45.9:

After tax and deductions of 21.5% in United States, take-home pay for someone earning $45,240 would be roughly $35,513/year. Use the salary converter to calculate an exact figure for your situation, including expat-specific tax adjustments.

Key Stats

45.9
COLI Index
0.78x
vs City Avg
$1,131
Est. 1BR Rent
#22
of 30 Areas
21.5%
Total Deductions

Tax & Deductions in Peoria

Estimated annual deductions on a $34,425 salary in Peoria, Phoenix (local employee).

Income Tax
11%
Social Security + Medicare (FICA)
7.6%
State Income Tax (AZ)
2.5%
Total Deductions: 21.5%
Est. Take-Home: $27,032/yr

Rates shown are for a local employee. Use the salary converter for expat calculations.

Salary Equivalents

What a $75,000 USD salary in Peoria would need to be elsewhere:

City Currency Equivalent
New York USD $34,425
London GBP £29,626
Dubai AED AED 172,255

Other Neighborhoods in Phoenix

Neighborhood COLI Multiplier vs Avg
Paradise Valley 82.5 1.40x +40%
Scottsdale (Old Town) 76.6 1.30x +30%
Biltmore 75.4 1.28x +28%
Arcadia 73.6 1.25x +25%
Scottsdale (North) 71.9 1.22x +22%

View all 30 neighborhoods in Phoenix →

Convert Your Salary

See exactly what you need to earn in Peoria, Phoenix to maintain your lifestyle.

Open Salary Converter

Similar Neighborhoods Worldwide

Neighborhoods with a similar cost of living to Peoria:

Verdun, Montreal Pointe-Saint-Charles, Montreal Federal Heights, Denver Phillips, Minneapolis Armadale, Perth Midland, Perth

Frequently Asked Questions

Is Peoria expensive in Phoenix?

Peoria is one of the more affordable neighborhoods in Phoenix. It costs about -22% less than the city average, ranking #22 out of 30 neighborhoods.

How does Peoria compare to the Phoenix average?

The cost of living in Peoria is well below the Phoenix average. With a multiplier of 0.78x, everyday expenses including rent, food, and transportation are -22% compared to the city baseline.

Data Sources: Cost of living indices based on crowd-sourced price data and official statistics. Tax calculations follow 2026 rates. Sources include U.S. Bureau of Labor Statistics · U.S. Census Bureau · OECD Better Life Index. Figures are estimates and may vary based on individual circumstances.