2026 Relocation & Cost Arbitrage Engine

Relocation: Billings, MT to Peoria, IL

Data updated · Sources: HUD FY 2027 Fair Market Rents, EPI 2026 Family Budget, 2026 tax tables · Methodology

Income tax, HUD Fair Market Rents and EPI living costs for a move from Billings, MT to Peoria, IL.

Popular Corridors:
Equivalent Salary
$94,100
To maintain parity
Cost of Living Delta
-5.9%
Overall expenditure basket
Annual Tax Delta
-$516
State + local taxes
Annual 1BR Rent Delta
-$2,052
HUD Fair Market Rents
Net Annual Buffer
+$1,536/yr
Tax + housing gain

Interactive Purchasing Power Equivalency Workbench

Adjust your current salary at origin to dynamically compute the statutory tax burden, housing costs, and discretionary cash in both markets.

Presets:
$
$30,000 $100,000 $200,000 $300,000
Origin Location

Billings, MT

COL 105.8
Gross Annual Income $100,000
Federal Income Tax -$13,170
FICA (SS & Medicare) -$7,650
State Income Tax -$4,289
Local / City Tax $0
Net Annual Take-Home $74,891
HUD 1BR Fair Market Rent -$13,584
Discretionary Cash Flow $61,307
Target Market
Destination Location

Peoria, IL

COL 99.6
Gross Parity Income $94,100
Federal Income Tax -$11,872
FICA (SS & Medicare) -$7,199
State Income Tax -$4,513
Local / City Tax $0
Net Annual Take-Home $70,516
HUD 1BR Fair Market Rent -$11,532
Discretionary Cash Flow $58,984

EPI family budgets put living costs 5.9% lower in Peoria, IL than in Billings, MT, so $100,000 in Billings goes about as far as $94,100 in Peoria. HUD's one-bedroom Fair Market Rent is $1,132 a month in Billings and $961 in Peoria, $2,052 a year less. On the same $100,000 salary a single filer pays $516 more a year in federal, state and local income tax and FICA in Peoria. Taxes and one-bedroom rent together leave you about $1,536 a year better off. The BLS median wage across all occupations is $49,060 in Billings and $49,590 in Peoria.

Itemized Cost of Living Expenditure Arbitrage

Category-by-category breakdown of monthly baseline consumption between origin and destination.

Expenditure Category Billings (Monthly) Peoria (Monthly) Monthly Delta ($) Difference (%)
Housing (1BR Fair Market Rent)$1,132$961-$171-15.1%
Food & Groceries$351$353+$2+0.6%
Transportation$1,076$1,052-$24-2.2%
Healthcare$374$590+$216+57.8%
Other Necessities$424$332-$92-21.7%
Total Taxes (Federal, State, Local, FICA)$2,092$2,135+$43+2.1%

HUD Fair Market Rent Differential

1-Bedroom Fair Market Rent -$171/mo (-15.1%)
Billings: $1,132/mo Peoria: $961/mo
2-Bedroom Fair Market Rent -$220/mo (-15.4%)
Billings: $1,432/mo Peoria: $1,212/mo

EPI Living Wage Benchmark Comparison

1 Adult (No Children) -$1.37/hr (-5.9%)
Billings: $23.39/hr Peoria: $22.02/hr
2 Adults + 1 Child (per earner) +$0.15/hr (0.7%)
Billings: $21.76/hr Peoria: $21.91/hr

Top Local Occupations Wage Parity

BLS median wage comparisons across benchmark roles between both metropolitan labor markets.

Occupation Title Industry Sector Billings Median Peoria Median Nominal Wage Delta Action
Registered Nurse (RN)HealthcareHealthcare$82,300$81,010-$1,290 (-1.6%)View Dossier
General and Operations ManagersFinance & ManagementFinance & Management$96,980$98,290+$1,310 (+1.4%)View Dossier
Accountant & AuditorFinanceFinance$75,780$79,540+$3,760 (+5.0%)View Dossier
Software EngineerTechnologyTechnology$100,440$130,590+$30,150 (+30.0%)View Dossier
WelderSkilled TradesSkilled Trades$52,670$58,960+$6,290 (+11.9%)View Dossier
ElectricianSkilled TradesSkilled Trades$80,980$80,460-$520 (-0.6%)View Dossier
Financial ManagerFinanceFinance$137,240$155,840+$18,600 (+13.6%)View Dossier
Project Management SpecialistBusiness OperationsBusiness Operations$85,540$123,730+$38,190 (+44.6%)View Dossier
Computer and Information Systems ManagersFinance & ManagementFinance & Management$129,280$173,870+$44,590 (+34.5%)View Dossier
Quality Control InspectorIndustrial ManufacturingIndustrial Manufacturing$59,680$56,770-$2,910 (-4.9%)View Dossier
Industrial Machinery MechanicIndustrial ManufacturingIndustrial Manufacturing$62,370$74,780+$12,410 (+19.9%)View Dossier
Construction ManagersFinance & ManagementFinance & Management$100,220$105,900+$5,680 (+5.7%)View Dossier

Major US Inter-Metro Relocation Corridors

Empirical cost differentials and statutory tax savings across high-volume migration routes.

New York-Newark-Jersey City → Austin-Round Rock-San Marcos

On $100k: $8,301 less tax and $14,388 less 1BR rent a year

-30.6% COL+$22,689/yr
San Francisco-Oakland-Fremont → Austin-Round Rock-San Marcos

On $100k: $6,211 less tax and $17,676 less 1BR rent a year

-30.4% COL+$23,887/yr
Chicago-Naperville-Elgin → Dallas-Fort Worth-Arlington

On $100k: $4,805 less tax and $2,928 less 1BR rent a year

-2.2% COL+$7,733/yr
San Francisco-Oakland-Fremont → Columbus

On $100k: $1,729 less tax and $19,884 less 1BR rent a year

-41.0% COL+$21,613/yr
Los Angeles-Long Beach-Anaheim → Phoenix-Mesa-Chandler

On $100k: $4,113 less tax and $10,908 less 1BR rent a year

-13.5% COL+$15,021/yr
Seattle-Tacoma-Bellevue → Denver-Aurora-Centennial

On $100k: $3,761 more tax and $4,188 less 1BR rent a year

-13.6% COL+$427/yr
Boston-Cambridge-Newton → Raleigh-Cary

On $100k: $1,299 less tax and $11,592 less 1BR rent a year

-16.2% COL+$12,891/yr
New York-Newark-Jersey City → Miami-Fort Lauderdale-West Palm Beach

On $100k: $8,301 less tax and $7,296 less 1BR rent a year

-27.3% COL+$15,597/yr

Billings, MT to Peoria, IL Relocation FAQs

About $94,100. That scales $100,000 by the ratio of the metros' cost-of-living indexes (105.8 in Billings, MT, 99.6 in Peoria, IL, from EPI family budgets); taxes are compared separately below.

Triangular Relocation & Tax Silo

Billings, MT to Peoria, IL: State Paychecks, Rents & Reciprocal Corridor

Reverse Route: Peoria, IL to Billings, MT
Relocation: Billings, MT to Peoria, IL Overview

Billings, MT to Peoria, IL: 2026 federal, state and local income tax, HUD Fair Market Rents and EPI living costs compared on the same salary. Official 2026 economic data for Relocation: Billings, MT to Peoria, IL compiled from Bureau of Labor Statistics OEWS surveys, HUD Fair Market Rents, and statutory tax codes.

Quick answers
How much salary do I need in Peoria, IL to match $100,000 in Billings, MT?

About $94,100. That scales $100,000 by the ratio of the metros' cost-of-living indexes (105.8 in Billings, MT, 99.6 in Peoria, IL, from EPI family budgets); taxes are compared separately below.

Is Peoria, IL cheaper than Billings, MT?

EPI's family budgets for a single adult put overall living costs 5.9% lower in Peoria, IL than in Billings, MT. The budgets cover housing, food, transportation, health care and other necessities.