Labor Economics Arbitrage & Career Benchmarks

Virginia Beach-Chesapeake-Norfolk, VA-NC vs. Peoria, IL

Empirical side-by-side analysis of regional cost of living, HUD fair market rents, statutory tax burdens, and occupational compensation spread.

Curated Head-to-Head Matchups
VA Market

Virginia Beach-Chesapeake-Norfolk, VA-NC

Cost of Living Index: 126.0 · Graduated Brackets
All-Occupation Median (BLS) $49,430
HUD 1BR Rent$1,488/mo
Est. Take-Home$39,869/yr
Top State Tax Rate5.75%
Local Income Tax0.00%
Explore Virginia Beach-Chesapeake-Norfolk, VA-NC Dossier
VS
IL Market

Peoria, IL

Cost of Living Index: 99.6 · Flat Tax
All-Occupation Median (BLS) $49,590
HUD 1BR Rent$961/mo
Est. Take-Home$39,716/yr
Top State Tax Rate4.95%
Local Income Tax0.00%
Explore Peoria, IL Dossier

Executive Takeaway & Purchasing Power Verdict

The BLS median wage across all occupations is $49,430 in Virginia Beach-Chesapeake-Norfolk, VA-NC and $49,590 in Peoria, IL, 0.3% higher in Peoria. HUD's one-bedroom Fair Market Rent is $1,488 a month in Virginia Beach and $961 in Peoria (35.4% lower in Peoria). On a $75,000 salary a single filer pays $3,498 in state and local income tax in Virginia Beach versus $3,568 in Peoria, $69 less a year in Virginia Beach. EPI family budgets put overall living costs 21.0% lower in Peoria, so $75,000 in Virginia Beach goes about as far as $59,240 in Peoria. Adjusted for living costs, the median wage buys about 27.0% more in Peoria, IL than in Virginia Beach-Chesapeake-Norfolk, VA-NC.

Virginia Beach-Chesapeake-Norfolk, VA-NC vs Peoria, IL: Shared Occupation Wages

Comparing empirical BLS median wages across common professions in both labor markets.

Category / Role Virginia Beach-Chesapeake-Norfolk, VA-NC Median Peoria, IL Median Advantage Delta Action
Chief ExecutivesSOC 11-1011$297,350$270,090-9.2%Dossier
Architectural and Engineering ManagersSOC 11-9041$161,340$212,820+31.9%Dossier
Computer and Information Systems ManagersSOC 11-3021$170,560$173,870+1.9%Dossier
Financial ManagerSOC 11-3031$163,940$155,840-4.9%Dossier
Purchasing ManagersSOC 11-3061$143,230$174,430+21.8%Dossier
Marketing ManagersSOC 11-2021$155,300$155,400+0.1%Dossier
Human Resources ManagersSOC 11-3121$140,410$154,490+10%Dossier
Sales ManagersSOC 11-2022$158,750$131,660-17.1%Dossier
Data EngineerSOC 15-1243$135,130$154,400+14.3%Dossier
Public Relations ManagersSOC 11-2032$152,990$119,550-21.9%Dossier
Industrial Production ManagersSOC 11-3051$130,850$129,500-1%Dossier
Software EngineerSOC 15-1252$129,090$130,590+1.2%Dossier

Head-to-Head Comparison Frequently Asked Questions

Is it cheaper to live in Virginia Beach-Chesapeake-Norfolk, VA-NC or Peoria, IL?

Peoria, IL is cheaper: its cost-of-living index (from EPI family budgets, U.S. = 100) is 99.6 versus 126.0 in Virginia Beach-Chesapeake-Norfolk, VA-NC. HUD's one-bedroom Fair Market Rent is $1,488 a month in Virginia Beach-Chesapeake-Norfolk, VA-NC and $961 in Peoria, IL.

How much do I need to earn in Peoria, IL to match $75,000 in Virginia Beach-Chesapeake-Norfolk, VA-NC?

About $59,240. That scales $75,000 by the ratio of the two metros' cost-of-living indexes (126.0 in Virginia Beach-Chesapeake-Norfolk, VA-NC, 99.6 in Peoria, IL); it does not account for differences in taxes.

Do jobs pay more in Virginia Beach-Chesapeake-Norfolk, VA-NC or Peoria, IL?

The BLS median wage across all occupations is $49,430 in Virginia Beach-Chesapeake-Norfolk, VA-NC and $49,590 in Peoria, IL. Pay for a specific occupation can differ; the table on this page compares BLS medians for occupations published in both metros.

How do income taxes compare between Virginia Beach-Chesapeake-Norfolk, VA-NC and Peoria, IL?

Virginia Beach-Chesapeake-Norfolk, VA-NC has a top state rate of 5.75%; a single filer earning $75,000 pays $3,498 in state and local income tax there. Peoria, IL has a top state rate of 4.95%; a single filer earning $75,000 pays $3,568 in state and local income tax there. Federal income tax and FICA are the same in both.

Where does the median wage go further?

Dividing each metro's BLS median wage by its cost-of-living index, the median wage buys about 27.0% more in Peoria, IL than in Virginia Beach-Chesapeake-Norfolk, VA-NC.

Reciprocal Route & Triangular Silo Links

Virginia Beach-Chesapeake-Norfolk, VA-NC vs. Peoria, IL: Reverse Comparison & Regional Hubs

Reverse Comparison: Peoria, IL vs. Virginia Beach-Chesapeake-Norfolk, VA-NC
Virginia Beach-Chesapeake-Norfolk, VA-NC vs. Peoria, IL Overview

Side-by-side wage, living expense, & tax arbitrage comparison for Virginia Beach-Chesapeake-Norfolk, VA-NC vs. Peoria, IL. Empirical BLS earnings & HUD. Official 2026 economic data for Virginia Beach-Chesapeake-Norfolk, VA-NC vs. Peoria, IL compiled from Bureau of Labor Statistics OEWS surveys, HUD Fair Market Rents, and statutory tax codes.

Quick answers
Is it cheaper to live in Virginia Beach-Chesapeake-Norfolk, VA-NC or Peoria, IL?

Peoria, IL is cheaper: its cost-of-living index (from EPI family budgets, U.S. = 100) is 99.6 versus 126.0 in Virginia Beach-Chesapeake-Norfolk, VA-NC. HUD's one-bedroom Fair Market Rent is $1,488 a month in Virginia Beach-Chesapeake-Norfolk, VA-NC and $961 in Peoria, IL.

How much do I need to earn in Peoria, IL to match $75,000 in Virginia Beach-Chesapeake-Norfolk, VA-NC?

About $59,240. That scales $75,000 by the ratio of the two metros' cost-of-living indexes (126.0 in Virginia Beach-Chesapeake-Norfolk, VA-NC, 99.6 in Peoria, IL); it does not account for differences in taxes.