Peoria vs Phoenix

The short version

  • Overall prices are about the same in both metro areas (BEA 2024).
  • The median home costs $420,700 in Phoenix and $463,600 in Peoria.
  • Households earn more in Peoria ($95,815 vs $81,332 median).

Side by side

Peoria, AZPhoenix, AZ
People
Population (2025)200,8811,665,481
Growth since 2020+5.2%+3.6%
People per square mile1,1373,213
Median age41.734.9
Bachelor's degree or higher36%34%
Money and housing
Median household income$95,815$81,332
Median home value$463,600$420,700
Home value to income4.8×5.2×
Median rent (with utilities)$1,843$1,582
Metro price level (US = 100)103.3103.3
Housing price level (US = 100)121.2121.2
$75,000 elsewhere equals$77,500$77,500
Homeowners76%57%
Top state income tax2.5%2.5%
Combined sales tax8.54%8.54%
Work and commute
Average commute (minutes)28.225.6
Work from home23%19%
Take public transit0%2%
Unemployment (2020-24 avg)4%5%
Poverty rate8.4%13.7%
Weather
January high / low65° / 41°68° / 46°
July high / low105° / 80°107° / 85°
Precipitation per year8 in7 in
Snowfall per year0 in0 in
Days 90°F or hotter176173
Nights below freezing41
Comfortable months46
Risks, air and home prices
Natural hazard risk (FEMA, county)Very HighVery High
FEMA risk score (lower is safer)99.999.9
Good air days, 20257%7%
Home prices, past year+0.8%+0.8%
Home prices, past 5 years+35.8%+35.8%

Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.

Weather, month by month

40°50°60°70°80°90°100°110°JanFebMarAprMayJunJulAugSepOctNovDec
Peoria Phoenix. Solid lines are average highs, dashed lines average lows (°F), NOAA 1991-2020 normals.

Most comfortable months: Peoria: February to April and November. Phoenix: November to April.

Full monthly tables: Peoria weather by month and Phoenix weather by month.

What $75,000 is worth

A $75,000 salary in an average-priced US city buys about the same as $77,500 in Peoria and $77,500 in Phoenix. Moving from Peoria to Phoenix, you would need about $75,000 to match a $75,000 salary.

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