Housing costs in Toledo?
A typical home costs
$53,900, which is 84.1% less expensive than the national average of
$338,100 and 72.6% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Toledo costs
$880 per month, which is 10.2% cheaper than the national average of
$980 and 3.4% cheaper than the state average of
$910.
Can I afford Toledo?
To live comfortably in Toledo (zip 43609), Ohio, a minimum annual income of
$10,440 for a family, and
$27,200 for a single person is recommended.
What does A.I. say about Toledo?
The cost of living in 43609 Toledo, OH is quite reasonable. The median household income is around $37,000 and the median home value is about $85,000. The cost of groceries and housing are both typically lower than the national average, giving residents more money to spend on other necessities such as healthcare or leisure activities. A one-bedroom apartment in this area can be rented for an average of $500 per month, while two bedrooms typically go for around $700 a month. Additionally, basic utilities such as water and electricity are very affordable at an average of $150 per month. Overall, 43609 Toledo is a great place to live for those on a budget.