Idaho Falls vs Peoria for Families (2026)

Better for families: Peoria~5% cheaper overall
2BR Rent / month
$1,450
Idaho Falls
$1,400
Peoria
Median Home Price
$310K
Idaho Falls
$175K
Peoria
Household Income / yr
$56K
Idaho Falls
$50K
Peoria
State Income Tax
5.8%
Idaho Falls
5%
Peoria

Scroll down for childcare estimates, home price-to-income ratios, and FAQ.

Full family cost breakdown

Metric
Idaho Falls
Idaho
Peoria
Illinois
Studio rent / month$900$850Better
2BR rent / month$1,450$1,400Better
Median home price$310K$175KBetter
Median household income$56KBetter$50K
Est. childcare / month$1,131$1,079Better
State income tax5.8%5%Better
Sales tax (combined)6%Better8.5%
Monthly utilities$142Better$158
Groceries index (US = 100)9695Better

Frequently asked questions

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

Based on housing costs, income, taxes, and overall affordability, Peoria scores better for families. 2-bedroom rent is $1,400/mo in Peoria vs $1,450/mo. Peoria is approximately 5% cheaper overall. That said, both cities have strong family communities — the right choice depends on your career, lifestyle, and proximity to family.

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

As of Q1 2026, median 2BR rent is $1,450/month in Idaho Falls and $1,400/month in Peoria. Peoria is 3% cheaper for a family-sized apartment.

Can a family afford to buy a home in Idaho Falls or Peoria?

The price-to-income ratio in Idaho Falls is 5.5× ($310K median home, $56K median income). In Peoria it's 3.5× ($175K home, $50K income). A ratio below 3× is generally considered affordable — Peoria is more achievable for first-time family homebuyers.

How much does childcare cost in Idaho Falls vs Peoria?

Estimated infant/toddler childcare runs approximately $1,131/month in Idaho Falls and $1,079/month in Peoria, based on national averages scaled by each city's cost-of-living index. Annual childcare cost difference: ~$624/year.

Which city has lower taxes for families?

Idaho Falls has a 5.8% state income tax rate vs Peoria's 5% rate. For a dual-income family earning $120K combined, that difference is roughly $80/month in take-home pay.

Salary equivalent

$100K in Idaho Falls has the same purchasing power as $95K in Peoria

Related comparisons

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