Zip 43607 (Toledo, OH) Cost of Living


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How much do I need to live in Toledo, Ohio?
$960 / month
for a family, 82.2% less expensive than the national average A total of $11,520 for the year for a family.
$2,167 / month
for a single person, 54.5% less expensive than the national average A total of $26,000 for the year for a single person.

Toledo cost of living score
77.4
Less expensive
22.6% lower
than the US average
6.4% lower
than the Ohio average
Toledo (zip 43607), 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.

Zip 43607 (Toledo, OH)

Housing costs in Toledo?
A typical home costs $60,200, which is 82.2% less expensive than the national average of $338,100 and 69.4% less expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Toledo costs $840 per month, which is 14.3% cheaper than the national average of $980 and 8.3% cheaper than the state average of $910.

Can I afford Toledo?
To live comfortably in Toledo (zip 43607), Ohio, a minimum annual income of $11,520 for a family, and $26,000 for a single person is recommended.

What does A.I. say about Toledo?
The cost of living in 43607 Toledo, OH is relatively affordable when compared to other parts of the country. The median home cost in Toledo is $76,500, much lower than the national median home cost of over $200,000. Utility costs are also quite low averaging around $140 per month for electricity and natural gas. Groceries are also fairly inexpensive with items such as eggs costing around $2.00 a dozen and milk costing about $3.20 a gallon. Additionally, gasoline prices in the city are very reasonable ranging from as low as $2.39 to as high as $2.99 per gallon. All-in-all, 43607 Toledo offers an affordable cost of living making it an ideal place to live and work for those looking to save money while still enjoying all that this city has to offer.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesToledoOhioUnited States
    Unlock82.7100.0
  89.3  Unlock100.0
    Unlock88.7100.0
  18.5  Unlock100.0
    Unlock$197,000$338,100
  96.0  Unlock100.0
    Unlock83.9100.0
  103.4  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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