Fayetteville vs Peoria for Families (2026)

A family-focused comparison of housing, income, taxes, and overall affordability in Fayetteville, NC vs Peoria, IL.

  • 2BR rent: $1,400/mo in Peoria vs $1,550/mo — 10% difference
  • More affordable homeownership in Peoria: $175K median vs $230K
  • Higher median household income in Peoria: $50K/yr vs $47K

Family cost comparison

Metric
Fayetteville
North Carolina
Peoria
Illinois
2BR rent/month$1,550$1,400Better
Median home price$230K$175KBetter
Median household income$47K$50KBetter
Est. childcare/month$1,092$1,079Better
State income tax4.5%Better5%
Sales tax (combined)7%Better8.5%

Frequently asked questions

Which city is better for raising a family — Fayetteville or Peoria?

Based on housing costs, income, and taxes, Peoria scores slightly better for families overall. Peoria has lower 2-bedroom rents, Peoria is more affordable for homebuyers, though both cities have strong family communities.

What is the average 2-bedroom rent in Fayetteville vs Peoria?

As of Q1 2026, median 2BR rent is $1,550/month in Fayetteville and $1,400/month in Peoria. Peoria is 10% cheaper for a 2-bedroom apartment.

Can a family afford to buy a home in Fayetteville or Peoria?

The price-to-income ratio in Fayetteville is 4.9× ($230K home, $47K income) vs 3.5× in Peoria. A ratio below 3× is generally considered affordable. Peoria is more achievable for first-time family homebuyers.

How much does childcare cost in Fayetteville vs Peoria?

Based on cost-of-living indices, estimated childcare (infant/toddler) runs approximately $1,092/month in Fayetteville and $1,079/month in Peoria. These are estimates — actual costs vary by provider and program type.

Which city has lower taxes for families?

Fayetteville has a 4.5% state income tax rate vs Peoria's 5% rate. For a dual-income family earning $120K combined, the difference can mean $30+/month in take-home.

Childcare estimates based on national average scaled by COL index. Data: Zillow, BLS, Numbeo, Tax Foundation · Q1 2026

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