Overall
Diff -0.1 RPP
Lubbock vs Peoria
Cost of living comparison based on BEA Regional Price Parities. Peoria is 0.1% less expensive than Lubbock.
0.1% less expensive
Peoria, IL is 0.1% less expensive than Lubbock, TX on BEA Regional Price Parities (overall RPP 91.2 vs 91.3). A $100,000 salary in Lubbock buys about the same as $99,906 in Peoria; the largest component gap is rents.
- Overall RPP 91.3 (Lubbock) vs 91.2 (Peoria)
- $100k in Lubbock ≈ $99,906 purchasing power in Peoria
- Rents drives the gap (-12.6 RPP points)
RPP parity plate
Pair TX:IL 91.3→91.2
PHOTO-FINISH · CROSS-STATE · SPLIT-BUDGET · BOTH-BELOW · PP-PAR
- PHOTO-FINISH Photo finish
- CROSS-STATE TX × IL
- SPLIT-BUDGET Split budget
- BOTH-BELOW Both below 100
- PP-PAR PP near-par
Instrument codes from this pair's BEA Regional Price Parities (overall · goods · services · rents · national benchmark 100 · purchasing-power conversion), not a ranking or recommendation.
Lubbock
91.3
Cost Index
Peoria
91.2
Cost Index
What This Comparison Actually Tells You
Lubbock, TX and Peoria, IL are a photo finish on overall price level, only 0.1 RPP points apart. A salary conversion is therefore a fine adjustment, not evidence of a fundamentally different cost regime.
Rents creates the largest separation: Peoria is 12.6 points lower. But services move against the overall direction, so this is a split budget rather than a clean across-the-board winner.
Comparable population context is incomplete for this pair, so no market-scale explanation is inferred from the price indexes.
Both metros remain below the U.S. benchmark of 100. This comparison chooses between two below-average price levels; “more expensive” here does not mean nationally expensive.
For a housing-sensitive move, validate the rent gap first: HUD Fair Market Rent and the actual unit size can overturn what the blended index implies. On the BEA ratio alone, $100,000 in Lubbock corresponds to $99,906 in Peoria.
Category Breakdown
Goods
Diff -0.1 RPP
Services
Diff +7.7 RPP
Rents
Diff -12.6 RPP
| Category | Lubbock | Peoria | Difference |
|---|---|---|---|
| Overall | 91.3 | 91.2 | -0.1 |
| Goods | 93.8 | 93.6 | -0.1 |
| Services | 82.8 | 90.5 | +7.7 |
| Rents | 76.4 | 63.8 | -12.6 |
Visual Comparison
Overall
Lubbock 91.3
Peoria 91.2
Goods
Lubbock 93.8
Peoria 93.6
Services
Lubbock 82.8
Peoria 90.5
Rents
Lubbock 76.4
Peoria 63.8
Vertical line = national average (100)
How the Price Gap Changed
Lubbock and Peoria share 17 published annual releases from 2008 through 2024. Their overall gap held broadly steady, moving from 0.6 to 0.1 RPP points. Lubbock remained the higher-index metro in the latest release.
Services changed the most within this pair: its gap moved 8.1 points between the first and latest shared releases (0.4 to 7.7 points). This describes a relative price-index history, not a forecast or a household budget.
| Release Year | Lubbock RPP | Peoria RPP | Relative Gap |
|---|---|---|---|
| 2008 | 94.6 | 94.0 | 0.6 points Lubbock higher |
| 2012 | 94.9 | 92.8 | 2.0 points Lubbock higher |
| 2016 | 95.7 | 90.7 | 5.0 points Lubbock higher |
| 2020 | 94.0 | 90.4 | 3.6 points Lubbock higher |
| 2024 | 91.3 | 91.2 | 0.1 points Lubbock higher |
Annual BEA Regional Price Parity releases; a higher index means a higher price level relative to the national average of 100. Selected years shown from the full shared series.
Salary Equivalents
What a salary in Lubbock would need to be in Peoria for the same purchasing power:
| In Lubbock | In Peoria | Difference |
|---|---|---|
| $50,000 | $49,953 | $-47 |
| $75,000 | $74,929 | $-71 |
| $100,000 | $99,906 | $-94 |
| $150,000 | $149,859 | $-141 |
$ in Lubbock = in Peoria
Same BEA Regional Price Parity ratio as the table above (91.3 → 91.2), computed live from your number, nothing is sent anywhere.
Frequently Asked Questions
Is Peoria more expensive than Lubbock?
Peoria is 0.1% less expensive than Lubbock. The overall cost index is 91.2 vs 91.3 (national average = 100).
What salary in Peoria equals $100K in Lubbock?
A $100,000 salary in Lubbock has the same purchasing power as $99,906 in Peoria. This is based on the BEA Regional Price Parity indexes.
How do rents compare between Lubbock and Peoria?
Rents in Lubbock are indexed at 76.4 while Peoria is at 63.8 (national average = 100). Lubbock has higher rents.
Data sources
- BEA Regional Price Parities (RPP), the cost-of-living indices shown on this page
- U.S. Census Bureau, American Community Survey (ACS), gross-rent observations behind the rents component
- BLS Consumer Price Index (CPI), goods and services price relatives
- BLS Occupational Employment and Wage Statistics (OEWS), labor-driven services component
- HUD Fair Market Rents (FMR), 40th-percentile rent cross-reference
Every figure on PlainCost is rendered directly from BEA Regional Price Parity source data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, our changelog, or report a data error. Data current as of 2026-08-11. Rankings measure the published cost-of-living index only; we don't recommend where to live or rate any metro's quality of life.