CostIndexUSA

Peoria, IL vs Tulsa, OK Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

IL
Peoria
91.2
overall index
$1,175/mo rent
More AffordableOK
Tulsa
89.2
overall index
$1,350/mo rent

Tulsa is slightly cheaper than Peoria — 2.2% lower overall cost of living.

To match an $80,000 salary in Peoria, you would need $78,200 in Tulsa. Calculate your salary ↓

Category Breakdown

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

🏠 Housing+6.9%
Peoria
63.8
Tulsa
68.2
🛒 Groceries≈ Equal
Peoria
93.6
Tulsa
93.8
🚗 Transportation4.2%
Peoria
104.6
Tulsa
100.2
🏥 Healthcare4.1%
Peoria
94.6
Tulsa
90.7
Utilities18.3%
Peoria
90.5
Tulsa
73.9

Salary Equivalency Calculator

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

$
Equivalent salary in Tulsa, OK
$78,200
$1,800 less needed in Tulsa

Formula: salary × (89.2 ÷ 91.2) = salary × 0.9781. Based on BEA Regional Price Parities.

Housing Market

Peoria, IL

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

Tulsa, OK

Median Home Price
$243,000
Median Monthly Rent
$1,350
Housing Index
68.2
Price-to-Rent Ratio
15.0×

Tulsa has 6.9% higher housing costs compared to Peoria.

Income & Job Market

Peoria, IL

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

Tulsa, OK

Median Household Income
$65,600
Per Capita Income
$37,400
Unemployment Rate
4.6%
Population
413,066
Top Industries
EnergyHealthcareFinanceManufacturingAerospace

Affordability at a Glance

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

Peoria, IL
4.9×income-to-rent ratio

79% of income left after rent (median)

Tulsa, OK
4.0×income-to-rent ratio

75% 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.