CostByCity

Cost of Living in Toledo, OH

2024 data from the Bureau of Economic Analysis

Cost Index
91.5
8.5% below avg
Housing Index
67.3
Median Income
$61,620
Median Rent
$880/mo

Cost Breakdown

Overall91.5 (-8.5%)
Housing67.3 (-32.7%)
Goods93.6 (-6.4%)
Utilities96.3 (-3.7%)
Other Services98.9 (-1.1%)

National average = 100

Income & Housing

Median Household Income
$61,620/year
Median Home Value
$159,500
Median Monthly Rent
$880/mo
Per Capita Income
$36,182/year

Compare Toledo, OH With

Toledo, OH vs Chattanooga, TNToledo, OH vs Iowa City, IAToledo, OH vs Evansville, INToledo, OH vs Fayetteville, ARToledo, OH vs Lincoln, NEToledo, OH vs Lubbock, TXToledo, OH vs Fond du Lac, WIToledo, OH vs Birmingham, ALToledo, OH vs Peoria, ILToledo, OH vs Michigan City, IN

Frequently Asked Questions

Is Toledo, OH expensive to live in?
Toledo, OH has a cost of living index of 91.5, which is 8.5% below the national average.
How much does housing cost in Toledo, OH?
Housing costs in Toledo, OH are indexed at 67.3 compared to the national average of 100. The median monthly rent is $880.
What is the average income in Toledo, OH?
The median household income in Toledo, OH is $61,620 per year.
What is the average home price in Toledo, OH?
The median home value in Toledo, OH is $159,500.