Zip 43614 (Toledo, OH) Cost of Living

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Toledo cost of living score
Less expensive
22.6% lower
than the US average
6.4% lower
than the Ohio average
Toledo (zip 43614), 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 43614 (Toledo, OH)

Housing costs in Toledo?
A typical home costs $157,800, which is 53.3% less expensive than the national average of $338,100 and 19.9% less expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Toledo costs $910 per month, which is 7.1% cheaper than the national average of $980 and close to the state average of $910.

Can I afford Toledo?
To live comfortably in Toledo (zip 43614), Ohio, a minimum annual income of $30,240 for a family, and $28,000 for a single person is recommended.

What does A.I. say about Toledo?
The cost of living in 43614 Toledo, OH is slightly below the national average. Housing costs are particularly low, with median rents for a one-bedroom apartment averaging around $500 per month. Groceries and transportation costs are also lower than the national average, making living in this area accessible to people living on a variety of budgets. Overall, 43614 Toledo is an affordable place to live while still offering plenty of opportunities for growth and enjoyment.
   Cost of living score
     CategoriesToledoOhioUnited States

   100=National Average

   Average Rent by Bedroom Size