Housing costs in Toledo?
A typical home costs
$157,400, which is 53.4% less expensive than the national average of
$338,100 and 20.1% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Toledo costs
$890 per month, which is 9.2% cheaper than the national average of
$980 and 2.2% cheaper than the state average of
$910.
Can I afford Toledo?
To live comfortably in Toledo (zip 43606), Ohio, a minimum annual income of
$30,240 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Toledo?
The cost of living in Toledo, OH 43606 is relatively low compared to the national average. The cost of housing is 8% lower than the national average and the overall cost of living index is 15% lower than the national average. Utilities such as electricity, gas, and water are all generally lower than the national averages as well. Groceries are also slightly cheaper compared to the rest of the country. Overall, Toledo is a great place to live, with costs that make it an affordable place to call home.