Despite having equal duration, stimuli in physical motion are perceived to last longer than static ones. Here, we investigate whether illusory motion stimuli produce a time-dilation effect similar to physical motion. Participants performed a duration discrimination task that compared the perceived duration of static stimuli with and without illusory motion to a reference stimulus. In the first experiment, we observed a 4% increase in the number of “longer” responses for the illusory motion images than static stimuli with equal duration. The time-dilation effect, quantified as a shift in the Point of Subjective Equality (PSE), was approximately 55 ms for a 2-second stimulus. Although small, the effect was replicated in a second experiment in which the total number of standard-duration repetitions was reduced from 73 to 19. In the third experiment, we found a positive linear trend between the strength of the illusory motion and the magnitude of the time-dilation effect. These results demonstrate that, similar to physical motion stimuli, illusory motion stimuli are perceived to last longer than static stimuli. Furthermore, the strength of the illusion influences the extent of the lengthening of perceived duration.