Nashville vs Peoria for Families (2026)
A family-focused comparison of housing, income, taxes, and overall affordability in Nashville, TN vs Peoria, IL.
- 2BR rent: $1,400/mo in Peoria vs $2,400/mo — 42% difference
- More affordable homeownership in Peoria: $175K median vs $420K
- Higher median household income in Nashville: $65K/yr vs $50K
- Nashville has no state income tax — more take-home for family expenses
Family cost comparison
| Metric | Nashville Tennessee | Peoria Illinois |
|---|---|---|
| 2BR rent/month | $2,400 | $1,400Better |
| Median home price | $420K | $175KBetter |
| Median household income | $65KBetter | $50K |
| Est. childcare/month | $1,456 | $1,079Better |
| State income tax | NoneBetter | 5% |
| Sales tax (combined) | 9.8% | 8.5%Better |
Frequently asked questions
Which city is better for raising a family — Nashville 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 Nashville vs Peoria?
As of Q1 2026, median 2BR rent is $2,400/month in Nashville and $1,400/month in Peoria. Peoria is 42% cheaper for a 2-bedroom apartment.
Can a family afford to buy a home in Nashville or Peoria?
The price-to-income ratio in Nashville is 6.5× ($420K home, $65K 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 Nashville vs Peoria?
Based on cost-of-living indices, estimated childcare (infant/toddler) runs approximately $1,456/month in Nashville and $1,079/month in Peoria. These are estimates — actual costs vary by provider and program type.
Which city has lower taxes for families?
Nashville (Tennessee) has no state income tax vs Peoria's 5% rate. For a dual-income family earning $120K combined, the difference can mean $300+/month in take-home.
Childcare estimates based on national average scaled by COL index. Data: Zillow, BLS, Numbeo, Tax Foundation · Q1 2026
See full side-by-side comparison
All cost categories including groceries, utilities, and leisure.