Housing costs in Toledo?
A typical home costs
$140,900, which is 58.3% less expensive than the national average of
$338,100 and 28.5% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Toledo costs
$950 per month, which is 3.1% cheaper than the national average of
$980 and 4.2% more than the state average of
$910.
Can I afford Toledo?
To live comfortably in Toledo (zip 43615), Ohio, a minimum annual income of
$27,000 for a family, and
$29,200 for a single person is recommended.
What does A.I. say about Toledo?
The cost of living in 43615 Toledo, OH is relatively affordable. According to Best Places, the cost of living index is 84.2, which is 16.8% lower than the U.S. average. This makes it an attractive option for those looking for a more affordable lifestyle without sacrificing quality of life and access to amenities. Groceries, health care, transportation, utilities and housing are all significantly cheaper than in other parts of the country; for example, groceries are 10% lower while health care costs are 26% lower than the national average. As a result, residents can expect to enjoy a comfortable lifestyle with plenty of amenities while keeping their overall expenses low.