2026 Relocation & Cost Arbitrage Engine

Relocation: Peoria, IL to Minneapolis-St. Paul-Bloomington, MN-WI

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 Peoria, IL to Minneapolis-St. Paul-Bloomington, MN-WI.

Popular Corridors:
Equivalent Salary
$116,200
To maintain parity
Cost of Living Delta
+16.2%
Overall expenditure basket
Annual Tax Delta
-$471
State + local taxes
Annual 1BR Rent Delta
+$5,592
HUD Fair Market Rents
Net Annual Buffer
-$6,063/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

Peoria, IL

COL 99.6
Gross Annual Income $100,000
Federal Income Tax -$13,170
FICA (SS & Medicare) -$7,650
State Income Tax -$4,805
Local / City Tax $0
Net Annual Take-Home $74,375
HUD 1BR Fair Market Rent -$11,532
Discretionary Cash Flow $62,843
Target Market
Destination Location

Minneapolis-St. Paul-Bloomington, MN-WI

COL 115.8
Gross Parity Income $116,200
Federal Income Tax -$16,734
FICA (SS & Medicare) -$8,889
State Income Tax -$6,378
Local / City Tax $0
Net Annual Take-Home $84,199
HUD 1BR Fair Market Rent -$17,124
Discretionary Cash Flow $67,075

EPI family budgets put living costs 16.2% higher in Minneapolis-St. Paul-Bloomington, MN-WI than in Peoria, IL, so $100,000 in Peoria goes about as far as $116,200 in Minneapolis. HUD's one-bedroom Fair Market Rent is $961 a month in Peoria and $1,427 in Minneapolis, $5,592 a year more. On the same $100,000 salary a single filer pays $471 more a year in federal, state and local income tax and FICA in Minneapolis. Taxes and one-bedroom rent together leave you about $6,063 a year worse off. The BLS median wage across all occupations is $49,590 in Peoria and $59,320 in Minneapolis.

Itemized Cost of Living Expenditure Arbitrage

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

Expenditure Category Peoria (Monthly) Minneapolis-St. Paul-Bloomington (Monthly) Monthly Delta ($) Difference (%)
Housing (1BR Fair Market Rent)$961$1,427+$466+48.5%
Food & Groceries$353$405+$52+14.7%
Transportation$1,052$1,061+$9+0.9%
Healthcare$590$361-$229-38.8%
Other Necessities$332$505+$173+52.1%
Total Taxes (Federal, State, Local, FICA)$2,135$2,175+$40+1.9%

HUD Fair Market Rent Differential

1-Bedroom Fair Market Rent +$466/mo (48.5%)
Peoria: $961/mo Minneapolis-St. Paul-Bloomington: $1,427/mo
2-Bedroom Fair Market Rent +$522/mo (43.1%)
Peoria: $1,212/mo Minneapolis-St. Paul-Bloomington: $1,734/mo

EPI Living Wage Benchmark Comparison

1 Adult (No Children) +$3.58/hr (16.3%)
Peoria: $22.02/hr Minneapolis-St. Paul-Bloomington: $25.60/hr
2 Adults + 1 Child (per earner) +$3.36/hr (15.3%)
Peoria: $21.91/hr Minneapolis-St. Paul-Bloomington: $25.27/hr

Top Local Occupations Wage Parity

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

Occupation Title Industry Sector Peoria Median Minneapolis-St. Paul-Bloomington Median Nominal Wage Delta Action
Registered Nurse (RN)HealthcareHealthcare$81,010$103,040+$22,030 (+27.2%)View Dossier
General and Operations ManagersFinance & ManagementFinance & Management$98,290$103,570+$5,280 (+5.4%)View Dossier
Software EngineerTechnologyTechnology$130,590$130,920+$330 (+0.3%)View Dossier
Accountant & AuditorFinanceFinance$79,540$86,500+$6,960 (+8.8%)View Dossier
Management AnalystBusiness OperationsBusiness Operations$96,530$101,560+$5,030 (+5.2%)View Dossier
Project Management SpecialistBusiness OperationsBusiness Operations$123,730$97,860-$25,870 (-20.9%)View Dossier
Financial ManagerFinanceFinance$155,840$165,620+$9,780 (+6.3%)View Dossier
CNC MachinistIndustrial ManufacturingIndustrial Manufacturing$51,680$62,070+$10,390 (+20.1%)View Dossier
ElectricianSkilled TradesSkilled Trades$80,460$81,890+$1,430 (+1.8%)View Dossier
Computer and Information Systems ManagersFinance & ManagementFinance & Management$173,870$178,080+$4,210 (+2.4%)View Dossier
Sales ManagersFinance & ManagementFinance & Management$131,660$158,100+$26,440 (+20.1%)View Dossier
Medical and Health Services ManagersFinance & ManagementFinance & Management$110,510$126,880+$16,370 (+14.8%)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

Peoria, IL to Minneapolis-St. Paul-Bloomington, MN-WI Relocation FAQs

About $116,200. That scales $100,000 by the ratio of the metros' cost-of-living indexes (99.6 in Peoria, IL, 115.8 in Minneapolis-St. Paul-Bloomington, MN-WI, from EPI family budgets); taxes are compared separately below.

Triangular Relocation & Tax Silo

Peoria, IL to Minneapolis-St. Paul-Bloomington, MN-WI: State Paychecks, Rents & Reciprocal Corridor

Reverse Route: Minneapolis-St. Paul-Bloomington, MN-WI to Peoria, IL
Relocation: Peoria, IL to Minneapolis-St. Paul-Bloomington, MN-WI Overview

Peoria, IL to Minneapolis-St. Paul-Bloomington, MN-WI: 2026 federal, state & local income tax, HUD Fair Market Rents & EPI living costs compared on the same. Official 2026 economic data for Relocation: Peoria, IL to Minneapolis-St. Paul-Bloomington, MN-WI 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 Minneapolis-St. Paul-Bloomington, MN-WI to match $100,000 in Peoria, IL?

About $116,200. That scales $100,000 by the ratio of the metros' cost-of-living indexes (99.6 in Peoria, IL, 115.8 in Minneapolis-St. Paul-Bloomington, MN-WI, from EPI family budgets); taxes are compared separately below.

Is Minneapolis-St. Paul-Bloomington, MN-WI cheaper than Peoria, IL?

EPI's family budgets for a single adult put overall living costs 16.2% higher in Minneapolis-St. Paul-Bloomington, MN-WI than in Peoria, IL. The budgets cover housing, food, transportation, health care and other necessities.