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Gilbert, AZ vs Peoria, AZ

141
Gilbert
Arizona
VS
+12.8%
125
Peoria
Arizona

Peoria is moderately more affordable than Gilbert, with a 12.8% lower cost of living index. Gilbert scores 141 compared to 125 for Peoria, where the US average is 100. This difference means residents of Gilbert can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Gilbert is $2,028/month compared to $1,743/month in Peoria — a 16% difference. Home values follow the same pattern: Peoria is more affordable at $429,400 median vs $518,600.

Median household income in Gilbert is $121,351 compared to $93,403 in Peoria (+29.9%). While Gilbert is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Gilbert spend roughly 20.1% of their income on rent, less than the 22.4% in Peoria.

Income & Cost

Cost of Living Index
Gilbert
141
Peoria
125
11% cheaper
Median Household Income
Gilbert
$121,351
23% higher
Peoria
$93,403

Housing

Median Rent
Gilbert
$2,028
Peoria
$1,743
14% cheaper
Median Home Value
Gilbert
$518,600
Peoria
$429,400
17% cheaper
Population
Gilbert
271,118
Peoria
194,338

Salary Equivalency Calculator

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Rent by Bedroom Size

HUD Fair Market Rent (FY 2026) — metro area average

Studio
Gilbert $1,556
Peoria $1,556
1 Bed
Gilbert $1,692
Peoria $1,692
2 Bed
Gilbert $1,971
Peoria $1,971
3 Bed
Gilbert $2,634
Peoria $2,634
4 Bed
Gilbert $2,937
Peoria $2,937

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Gilbert $3.02
Peoria $3.02
US $3.07
🥚
Eggs (grade A, large)
Gilbert $2.46
Peoria $2.46
US $2.50
🥛
Milk (whole)
Gilbert $3.96
Peoria $3.96
US $4.03
🍞
Bread (white)
Gilbert $1.82
Peoria $1.82
US $1.85
🍗
Chicken breast
Gilbert $4.08
Peoria $4.08
US $4.14
Electricity
Gilbert $0.16
Peoria $0.16
US $0.19