Salary & Cost of Living in Peoria, AZ
Peoria, AZ: $66,500 median salary, cost of living index 103, $14.70/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$66,500
$32/hr
Cost of Living
103
US avg = 100
Minimum Wage
$14.70
per hour
Unemployment
3%
rate
Peoria, AZ Overview
Population
190,985
Median Salary
$66,500
Average Salary
$72,800
Avg Commute
29 min
Median Home Price
$380,000
Median Rent
$1,450/mo
Job Growth
+2.4%
Sales Tax
8.1%
Peoria is located in Arizona with a population of 190,985. The median household salary is $66,500 per year ($32/hour), which is $7,116 above the national median of $59,384. The average commute time is 29 minutes, and the city has a job growth rate of +2.4%.
Peoria Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Peoria, AZ, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$53,506
$4,458.85/month · $2,057.93/biweekly · Effective Rate: 19.5%
Gross Pay
$66,500
Federal Tax
-$6,244
State Tax
-$1,663
Local Tax
$0
FICA
-$5,087
Net Pay
$53,506
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,541.67 | $66,500.00 |
| Federal Income Tax | -$520.33 | -$6,244.00 |
| Arizona State Tax (2.5%) | -$138.54 | -$1,662.50 |
| Social Security (6.2%) | -$343.58 | -$4,123.00 |
| Medicare (1.45%) | -$80.35 | -$964.25 |
| Net Take-Home Pay | $4,458.85 | $53,506.25 |
Salary Comparison: Peoria vs Other Cities
See how Peoria's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Peoria, AZ | $66,500 | 103 | $64,563 |
| National Average | $59,384 | 100 | $59,384 |
| Sacramento, CA | $66,500 | 118 | $56,356 |
| Fairbanks, AK | $65,200 | 120 | $54,333 |
| Long Beach, CA | $65,000 | 148 | $43,919 |
| Santa Rosa, CA | $68,000 | 140 | $48,571 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Peoria
Peoria's cost of living index is 103 (national average = 100). Living in Peoria is 3% more expensive than the national average.
Median Home Price
$380,000
Median Monthly Rent
$1,450
Annual Rent Cost
$17,400
Your Salary's Purchasing Power
Your $53,506 annual take-home pay in Peoria has the purchasing power of approximately $51,948 in an average-cost US area. You would need to earn $68,495 in Peoria to match a $66,500 salary in an average-cost city.
Top Industries in Peoria
Peoria's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $66,500.
Salary Tips for Peoria Workers
- Research top industries. Peoria's top industries include Healthcare, Retail, Education. Targeting roles in these sectors can help you earn above the $66,500 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
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Frequently Asked Questions
What is the median salary in Peoria, AZ?
The median salary in Peoria, AZ is $66,500 per year, or $32 per hour. The average salary is $72,800. This is $7,116 above the national median of $59,384.
What is the cost of living in Peoria, AZ?
Peoria's cost of living index is 103 (national average = 100), meaning it is 3% more expensive compared to the national average. The median home price is $380,000 and the median monthly rent is $1,450.
What are the best industries in Peoria?
The top industries in Peoria, AZ include Healthcare, Retail, Education. The city has a job growth rate of 2.4% and an unemployment rate of 3%. Workers in these industries often earn above the city's median salary of $66,500.
How does Peoria's salary compare to other cities?
Peoria's median salary of $66,500 is 12.0% above the national median of $59,384. However, when adjusted for cost of living (index: 103), the real purchasing power is approximately $64,563.
What is the minimum wage in Peoria, AZ?
The minimum wage in Peoria, AZ is $14.70 per hour. This equals approximately $30,576 per year for a full-time worker (40 hours/week). This is $7.45 above the federal minimum wage of $7.25/hour.