Housing costs in Toledo?
A typical home costs
$158,400, which is 53.1% less expensive than the national average of
$338,100 and 19.6% 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 43623), Ohio, a minimum annual income of
$30,240 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Toledo?
The cost of living in 43623 Toledo, OH is generally considered to be affordable. Housing costs are relatively low compared to other areas in the United States and the overall cost of groceries and other necessities are in line with the national average. In addition, there is no state income tax in Ohio, which helps keep household expenses down. Though a few things may be pricier than elsewhere, all in all it's a great place to live if you're looking for an inexpensive city with plenty of amenities.