Housing costs in Toledo?
A typical home costs
$40,700, which is 88.0% less expensive than the national average of
$338,100 and 79.3% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Toledo costs
$770 per month, which is 21.4% cheaper than the national average of
$980 and 18.2% cheaper than the state average of
$910.
Can I afford Toledo?
To live comfortably in Toledo (zip 43604), Ohio, a minimum annual income of
$7,920 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Toledo?
The cost of living in 43604 Toledo, OH is relatively affordable. According to the most recent data from BestPlaces, the overall cost of living index is 79.34 which is lower than the national average of 100. The cost of housing is particularly low compared to other cities in the United States with an average rent for a one-bedroom apartment being around $600 per month. Groceries and restaurants are also reasonably priced while transportation costs are slightly higher than the national average. Overall, Toledo offers a great balance between high quality of life and affordability.