CostIndexUSA

Killeen, TX vs Peoria, IL Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostTX
Killeen
91.1
overall index
$1,325/mo rent
IL
Peoria
91.2
overall index
$1,175/mo rent

Killeen and Peoria have nearly identical costs of living.

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing18.1%
Killeen
77.9
Peoria
63.8
🛒 Groceries≈ Equal
Killeen
93.8
Peoria
93.6
🚗 Transportation+3.5%
Killeen
101.1
Peoria
104.6
🏥 Healthcare+3.5%
Killeen
91.4
Peoria
94.6
Utilities+11.5%
Killeen
81.2
Peoria
90.5

Salary Equivalency Calculator

Enter your current salary in Killeen to see what you'd need to earn in Peoria to maintain the same purchasing power.

$
Equivalent salary in Peoria, IL
$80,100
$100 more needed in Peoria

Formula: salary × (91.2 ÷ 91.1) = salary × 1.0011. Based on BEA Regional Price Parities.

Housing Market

Killeen, TX

Median Home Price
$247,000
Median Monthly Rent
$1,325
Housing Index
77.9
Price-to-Rent Ratio
15.5×

Peoria, IL

Median Home Price
$161,000
Median Monthly Rent
$1,175
Housing Index
63.8
Price-to-Rent Ratio
11.4×

Killeen has 18.1% lower housing costs compared to Peoria.

Income & Job Market

Killeen, TX

Median Household Income
$71,000
Per Capita Income
$40,500
Unemployment Rate
5.2%
Population
154,823
Top Industries
MilitaryHealthcareRetailGovernmentManufacturing

Peoria, IL

Median Household Income
$68,500
Per Capita Income
$39,000
Unemployment Rate
5.1%
Population
113,150
Top Industries
ManufacturingHealthcareFinanceGovernmentEducation

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Killeen, TX
4.5×income-to-rent ratio

78% of income left after rent (median)

Peoria, IL
4.9×income-to-rent ratio

79% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.