Peoria, AZ vs Surprise, AZ

Peoria, AZ and Surprise, AZ have a very similar cost of living, with only a 2% difference in their overall index. Peoria scores 125 while Surprise scores 127 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Peoria is $1,743/month compared to $1,917/month in Surprise — a 9% difference. Interestingly, home values tell a different story: while Peoria has cheaper rent, Surprise actually has lower median home values ($396,000 vs $429,400).

Median household income in Peoria is $93,403 compared to $93,371 in Surprise. Looking at affordability, residents of Peoria spend roughly 22.4% of their income on rent, less than the 24.6% in Surprise.