Housing costs in Toledo?
A typical home costs
$91,000, which is 73.1% less expensive than the national average of
$338,100 and 53.8% less expensive than the average Ohio home, at
$197,000. Renting a two-bedroom unit in Toledo costs
$860 per month, which is 12.2% cheaper than the national average of
$980 and 5.8% cheaper than the state average of
$910.
Can I afford Toledo?
To live comfortably in Toledo (zip 43612), Ohio, a minimum annual income of
$17,280 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Toledo?
43612 Toledo, OH is an affordable place to live. According to BestPlaces, the cost of living index for the area is 77.90, which is lower than the U.S. average of 100. Housing costs are especially low compared to national averages, and a one-bedroom apartment in the city center will run about $539 per month on average. Groceries and restaurant prices are also very reasonable and everyday expenses are well within reach for most people living in this area. All of these factors make 43612 Toledo, OH a great place to settle down and make a life without breaking the bank.