Toledo, OH Cost of Living


50 Reviews



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Toledo cost of living score
77.4
Less expensive
22.6% lower
than the US average
6.4% lower
than the Ohio average
Toledo, Ohio gets a BestPlaces Cost of Living score of 77.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.6% lower than the U.S. average and 6.4% higher than the average for Ohio.

Toledo, OH

Housing costs in Toledo?
A typical home costs $101,400, which is 70.0% less expensive than the national average of $338,100 and 48.5% less expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Toledo costs $880 per month, which is 38.5% cheaper than the national average of $1,430 and 11.4% cheaper than the state average of $980.

Can I afford Toledo?
To live comfortably in Toledo, Ohio, a minimum annual income of $19,440 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Toledo?
Toledo, Ohio has lots of attractions along with a competitive cost-of-living that makes it worth considering. Homeowners can take advantage of different types of housing options ranging from low cost single family homes to spacious condos - while renters also have access to some attractive deals these days too. Furthermore, groceries and transportation expenses remain quite reasonable compared with other US cities - giving you more bang out of your buck if you elect Toledo as your home.
   Cost of living score
     CategoriesToledoOhioUnited States
  77.482.7100.0
  90.396.1100
  90.688.7100.0
  28.161.6100.0
  $101,400$197,000$338,100
  97.2%100.0%100.0%
  84.383.9100.0
  104.189.3100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Toledo
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Over 3 years ago

I am a renter and the people are cold and disrespectful to you when you are disabled and single. They want to tell you want to do.They want you to make friends when the  More

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Perfect for parents with older children. We moved to Toledo, OH from Madison, WI months before the COVID quarantine in 2020. We cross-compared possible living areas in  More

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Toledoly Terrible! People are aggressive and understanding, after you are nice enough to them for way too long. The city looks like the bad parts of Detroit but does  More

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