Housing costs in Toledo?
A typical home costs
$134,200, which is 60.3% less expensive than the national average of
$338,100 and 31.1% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Toledo costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 10.7% cheaper than the state average of
$930.
Can I afford Toledo?
To live comfortably in Toledo, Iowa, a minimum annual income of
$25,560 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Toledo?
Toledo, IA has a relatively low cost of living compared to other parts of the country. The median home price in Toledo is $98,000, with a median household income of $45,200. Goods and services are also cheaper than average, making it an affordable place to live for many families. Property taxes are some of the lowest in the state at just 0.73%, and groceries and health care costs are both below the national average. Overall, Toledo offers low-cost living that's comfortable and convenient for its residents.