Housing costs in Toledo?
A typical home costs
$60,000, which is 82.3% less expensive than the national average of
$338,100 and 69.5% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Toledo costs
$830 per month, which is 15.3% cheaper than the national average of
$980 and 9.6% cheaper than the state average of
$910.
Can I afford Toledo?
To live comfortably in Toledo (zip 43610), Ohio, a minimum annual income of
$11,520 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Toledo?
The cost of living in 43610 Toledo, OH is quite affordable. The overall cost of living index is about 15 percent lower than the national average, with the median home price coming in at just under $90,000. Rent and utilities are both below the national average, and groceries and health care for those who don’t qualify for assistance are also within reach. Even transportation costs are low when compared to other cities – a monthly bus pass costs only $3.50, making it an attractive option for those who want to save money on their commute. All in all, 43610 Toledo provides an excellent quality of life at an accessible price.